Compliance
New CFPB report undermines disparate impact rationale
Since its inception, the Consumer Financial Protection Bureau (CFPB) has penalized auto financiers for disparate impact — the unintended discrimination...
The truth about HIPAA privacy laws and vaccine inquiries
HIPAA privacy rules do not prevent employers and businesses from asking employees and visitors about their COVID-19 vaccination status, the...
What lenders need to know about Biden’s vaccine mandate
On Thursday, Sept. 9, 2021, President Joe Biden announced that the U.S. Department of Labor was preparing to mandate that...
Consumer advocacy takes a front seat as Chopra is confirmed to lead CFPB
Rohit Chopra was confirmed in a party-line vote by the U.S. Senate as the third director of Consumer Financial Protection...
American Honda Finance settles with DOJ for alleged SCRA violations
American Honda Finance Corp. (AHFC) settled with the U.S. Department of Justice on Wednesday in response to allegations that the...
Former Honor Finance execs hit with SEC complaint
The co-founders of the now-defunct subprime auto lender Honor Finance have been accused by the Securities and Exchange Commission (SEC)...
Leading for diversity, inclusion, equity, and wellness in the workplace
America’s population — and therefore, our workforce — has been steadily diversifying for decades. Soon the country will not have a plurality of any particular race,...
Regulators eye lender portfolios in dealer discrimination probes
State and federal regulators — including the Consumer Financial Protection Bureau (CFPB) and the New York State Department of Financial...
