Compliance
Industry Pulse: New technologies raise regulatory concerns, McGlinchey experts say
Technology advancements in the auto finance industry have been a top priority for lenders during the last two years, and...
CFPB signals fair lending practices extend to servicing
Auto lenders using predictive recovery models in servicing operations could fall under scrutiny from the Consumer Financial Protection Bureau (CFPB)...
Lucid stock plunges after EV maker reveals SEC investigation
Lucid Group Inc. disclosed it’s become the latest electric-vehicle maker to come under U.S. investigation following a merger with a...
New regulations are expected as F&I profits increase, dealers say
Dealers anticipate new regulations are on the horizon as public companies’ finance and insurance (F&I) profits continue to rise. Published...
Reflections on 2021 compliance predictions
Reflecting on the 2021 predictions I made in January, I can’t help but note that, yet again, we’ve had a...
Biden keeps Powell as Fed chief, elevates Brainard to vice chair
President Joe Biden selected Jerome Powell for a second four-year term as Federal Reserve chair while elevating Governor Lael Brainard...
Maintaining compliance in the shift toward digitization
The COVID-19 pandemic accelerated the shift to digital contracting, and automotive and powersports lenders are implementing the programming and vendor...
Managing crises: Improving the legal and compliance relationship to minimize corporate risks
Regulatory compliance in the auto finance industry, or financial services in general, is challenging enough under “everyday” circumstances. Crisis scenarios...
