High Court Ruling a Downer for Auto Finance, Fine Points Aside
Make no mistake, it’s bad news for the auto finance industry that the U.S. Supreme Court upheld the disparate impact ...
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Disparate Impact Ruling Starts Heated Debate in Auto Finance
Not so fast: Yesterday’s U.S. Supreme Court ruling on “disparate impacts” in a housing discrimination case does, too, have implications ...
No Clear Impact on Auto Loans, as High Court Upholds Disparate Impact
By a 5-4 vote, the U.S. Supreme Court today upheld the use of the disparate impact theory in a housing ...
BB&T Switches to Flat Fees, Ending Dealer Markup as of July 1
BB&T Dealer Financial Services is the first Top 20 auto lender so far to switch to flat fees from dealer ...
Consumer Advocate Group Considers Most Auto Loans “Abusive”
The Center for Responsible Lending considers most auto loans to be at least potentially “abusive,” because in the center’s view, ...
Is the Justice Department Endorsing Lower Dealer Markup?
Compliance experts are poring over a recent consent order between the U.S. Department of Justice and Evergreen Bank, a state-chartered bank ...
U.S. Supreme Court Might Not De-Fang Disparate Impact, After All
Auto lenders shouldn't count on the U.S. Supreme Court to rescue the auto finance industry from the disparate impact theory, said ...
The Positives in Today’s Onerous Regulatory Environment
SAN DIEGO -- July will mark the fourth anniversary of the Consumer Financial Protection Bureau, and it is now clear ...
