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CFPB’s Deputy Assistant Offers Insights Into Examinations [VIDEO]
Colin Hector, attorney for the division of financial practices at the FTC, and Calvin Hagins, deputy assistant director for originations...
Competition Revs Up in Floorplan Lending, as Sales Show Signs of Tempering
The partnership between a dealer and a floorplan lender is “very relationship-based, and very emotional,” said Brian Fallon, senior vice...
CFPB Complaint Volumes Rise in 2017
The Consumer Financial Protection Bureau released a special edition of its monthly complaint report yesterday, showing continued increases in the...
Twitter Chat Results: Dealers Need Support, Lenders Seek ‘True’ F&I Managers
Weekend hours, quick callbacks on pending credit applications, and regular — not occasional — communication. These are all the biggest...
How Autonomous Cars Will Open Doors for Lenders to Invest in Infrastructure
Once autonomous vehicles enter the space, the pool of driver-owned, shared vehicles will start to “cannibalize” itself as production shifts...
Wisconsin Couple Claim Chase Illegally Repossessed Vehicle
Chase Auto Finance is being sued for emotional and property damages by a Wisconsin family claiming their car was repossessed...
Ford Offers Monthly Subscription Service
Ford Motor Credit Co. is now offering a month-to-month subscription service through Canvas, the short-term vehicle leasing startup formerly known...
AutoGravity Set to Close New Funding Round
AutoGravity is “very close” to finalizing a funding round within the next few days, Auto Finance News has learned. AutoGravity is not just...
