Compliance
Murky waters: Navigating GAP state regulations
On July 1, Tim Mazza led a civil complaint against Air Academy Federal Credit Union, saying the creditor failed to...
Auto finance compliance predictions for 2021
Trying to predict what auto finance compliance will look like in 2021 makes me chuckle, as I think back to...
Compliance amid a pandemic: Top 5 stories in 2020
Nothing throws compliance into focus quite like a worldwide pandemic. When the COVID-19 pandemic hit the U.S. in March, auto...
Santander Consumer USA settles with CFPB for $4.75M
Santander Consumer USA on Tuesday settled with the Consumer Financial Protection Bureau over allegations that the lender had violated the...
Post-COVID economic trends in auto finance
The COVID-19 pandemic and its economic consequences have dramatically affected the auto finance industry. The pandemic has presented challenges and...
Legislation in auto finance: What’s on the horizon?
The rise of a state-driven consumer protection agency, along with the 2020 presidential election results, could shake up legislation practices...
CFPB refines debt-collection rule
After reviewing 37,000 comments in the past seven years, the Consumer Financial Protection Bureau is nearing the finish line on...
OCC issues final rule on true lender
The Office of the Comptroller of the Currency (OCC) issued a final rule recently to establish a “simple, bright line test” to...
