Compliance
CFPB Targeted Markup From Outset, Rep. Hultgren Says
Congressman Randy Hultgren accused the Consumer Financial Protection Bureau of pursuing dealers through enforcement actions against auto lenders “from the...
The Plot Thickens: U.S. Court of Appeals to Hear CFPB Case
On Feb. 16, the U.S. Court of Appeals for the D.C. Circuit agreed to rehear en banc PHH Corp. v....
CFPB’s Cordray Grilled by House Financial Services Committee
House Financial Services Committee Chairman Jeb Hensarling began yesterday’s 2016 Semi-Annual Reports of the CFPB hearing by calling for bureau Director...
Prospect of CFPB Reform Wanes, Enforcement Remains
Sam Whitfield, Consumer Bankers Association; Jaret Seiberg, Cowen and Co.; Ken Sweet, The Associated Press; Jonice Gray Tucker, Buckley Sandler...
Santander Unlikely to Modify Practices After $26M Penalty
Santander Consumer USA disclosed last Wednesday that it had agreed to pay $25.9 million to resolve accusations that the company funded...
Santander Pays $26M For Loans Deemed ‘Unfair’
Via moneybright.co.uk/ Flickr Santander Consumer USA entered into a written agreement with the Federal Reserve Bank of Boston on March 21, and...
3 Best Compliance Practices for Dealer Management
As the powersports industry approaches what is considered by most a busy season, lenders will need to devote time and...
Powersports Expansion on the Road Map for Westlake
Westlake Financial Services is eyeing expansion for its powersports portfolio this year, from adding new dealers to the network, to launching...
