Compliance
The CFPB’s Regulation of the Auto Finance Industry is Legally and Ethically Wrong [OPINION]
As the Chair of my firm's Auto Finance Team, a multidisciplinary team of attorneys serving the auto finance industry, I've...
4 Possible Alternatives to the CFPB’s BISG Methodology
Via Flickr Republican lawmakers and lenders alike are eager to roll back the Consumer Financial Protection Bureau’s guidelines on disparate...
New ABS Rule Unlikely to Escalate Disparate Impact Cases, Lawyer Says
The Securities and Exchange Commission’s Regulation AB II went fully into effect Nov. 23, and the newly disclosed data means...
Lenders Should Reevaluate Repo Notices
Powersports lenders need to be cautious and constantly “reevaluate” repossession practices, particularly in relation to the Servicemembers Civil Relief Act,...
Suit Claims Ally Withheld Knowledge of Rising Delinquencies
Shareholders of Ally Financial Inc. have entered into a class action lawsuit through Robbins Arroyo LLP, which alleges, among other...
CFPB: Exams Will Be ‘More in Depth’ in 2017 [VIDEO]
Auto finance regulatory examinations in 2017 are expected to be “more in depth,” in terms of the types and scope...
AFSA, Congressional Republicans Look to Revise BISG
A new republican controlled congress and Trump administration could quickly aim to roll back the Consumer Financial Protection Bureau’s disparate impact...
Chase’s Dimon Talks Credit Losses in Auto, Future Regulation
Jamie Dimon Chairman & Chief Executive Officer JP Morgan Chase & Co. (Via Wikimedia Commons) JP Morgan Chase & Co....
