Compliance
AFE
Understanding the role of inventory as assets
When is an automobile not a motor vehicle in the eyes of compliance? When it is “inventory,” of course. Unsold...
CFPB prioritizes fair lending, machine learning, privacy in digital engagement
Members of the auto finance industry continue to have a strong appetite for developing their digital origination and servicing platforms....
CFPB bulletin outlines compliance priorities
The Consumer Financial Protection Bureau’s Feb. 28 bulletin on auto repossessions serves as a laundry list of unfair, deceptive or...
CFPB eyes unfair, deceptive acts: Technology and repossessions
The Consumer Financial Protection Bureau (CFPB) recently issued two bulletins highlighting its concerns with business practices in the auto finance and...
CFPB eyes unfair, deceptive acts: Here are some tips to avoid scrutiny
With a new administration comes new priorities for federal agencies, and the Consumer Financial Protection Bureau (CFPB) is no different....
Regulatory updates and considerations for GAP providers and creditors
Guaranteed asset protection (GAP) waivers have always held state regulators’ attention, but as vehicle price increases drive up consumer demand...
The space between: Legal gray areas for vehicle subscription programs
Thinking back as far as to 2017 can be a challenge these days. Did the world exist before March 2020?...
Battery innovation enhances EV technology, generates worldwide patent boom
For years auto industry insiders talked about the “dawn” of the electric vehicle (EV) era. A confluence of developments demonstrates...
