Compliance
Florida AG investigates hidden lease-buyout fees
Florida Attorney General Ashley Moody’s office is investigating several regional dealerships and auto lenders regarding “hidden fees” associated with lease-end...
CFPB keen on creating new auto lending data set
The Consumer Financial Protection Bureau (CFPB) is looking to build a new auto lending data set to allow for “a...
Wells Fargo faces US demand for record fine exceeding $1B
Wells Fargo & Co. is under pressure from the Consumer Financial Protection Bureau to pay more than $1 billion to...
Under the Hood: Has disparate impact proxy data run its course?
New York regulators continue to crack down on lenders for unintentional fair lending violations. The most recent target was Poughkeepsie-based...
California’s new legislation takes aim at GAP waivers
California Attorney General Rob Bonta has never minced words in expressing his position that consumers should be protected from guaranteed...
CFPB calls refinancing a ‘potential tool’ for competition
LAS VEGAS — The Consumer Financial Protection Bureau (CFPB) is turning an eye toward auto refinancing as consumers look for...
CFPB plans open banking rule in 2023
LAS VEGAS — The Consumer Financial Protection Bureau (CFPB) is planning to propose a new rule in 2023 requiring financial institutions to...
Colorado becomes fourth state to approve digital license plates
Effective Aug. 10, the owner of a Colorado registered vehicle may display a “digital number plate” in lieu of one...
