Keep your regulatory health in check
Auto finance customers’ concerns about the impact of the coronavirus may be addressed, in part, with traditional loss-mitigation tools. Deferral ...
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Regulatory sandboxes, policy changes spur innovation
Regulatory uncertainty remains one of the most significant challenges to finance companies that want to develop creative and innovate products ...
CFPB headquarters shuts down for COVID-19
The Consumer Finance Protection Bureau has informed employees at its Washington, D.C., and New York offices to work remotely after ...
Debt collector seeks expansion with powersports
Investment Retrievers, a debt purchasing firm, is seeking to expand its business with the powersports industry, Chief Executive James Kiley ...
Beneath the surface: The lurking cybersecurity threat
Nine seconds. That’s all the time it took to hack the Department of Defense’s weapons system. Whether a government entity, ...
CFPB Supervisory Highlights Provide Guidance on Deficiency Balances and Rebates
Under Richard Cordray’s Consumer Finance Protection Bureau (CFPB), it was “compliance malpractice” not to take heed of the Bureau’s enforcement ...
Pennsylvania AG Targets Dealership Owner in Fraud Suit
The Pennsylvania Attorney General’s office has filed suit against buy-here, pay-here dealership Auto Now, on the grounds that the Wilkes-Barre ...
Proposed Changes to Collection Practices Could Affect First-Party Creditors
The Consumer Finance Protection Bureau has issued a Notice of Proposed Rulemaking (NPRM) to the Fair Debt Collection Practices Act ...
