Tag: CFPB

With recent CFPB enforcement actions coupled with an expansion of supervisory oversight to nonbank auto lenders, compliance concerns just got ...

SCCU pays its dealers fixed reserve fees, “but they know that we will not tolerate the arbitrary charging of a ...

It’s no secret that lenders are living in a more regulated space as a result of interest from the Consumer ...

Dan Soto, Ally's Chief Compliance Officer “We don’t discriminate,” he told attendees at the Auto Finance Compliance Summit this month ...

Dealer reserve is an instrumental function of the auto loan financing process. In a routine that is familiar to most ...

Lenders are being required to act as a “policeman” over the actions of their dealer clients—who are not regulated by ...

Representatives from four different companies offered their views on how to build the best compliance staff at the webinar, which ...

A dealer compensation plan unveiled this past January by the National Automobile Dealers Association would have dealers establish a standard ...