Podcast: Future of CFPB funding questioned
The compliance industry continues to face headwinds as funding for the Consumer Financial Protection Bureau is in jeopardy after the ...
Tag: compliance
CFPB change to nonbank oversight could affect securitizations
The Consumer Financial Protection Bureau’s reexamination of its oversight of nonbank auto finance companies may affect auto asset-backed securitization transactions. ...
4 compliance tips for powersports lenders, dealers
As the compliance landscape shifts, powersports lenders should keep an eye on consumer grievances and properly train their teams to ...
Regulators on TikTok? Dealers, lenders need to know the risks
Lenders should proactively manage complaints shared on social media and news outlets to avoid triggering federal regulatory interest amid compliance ...
Podcast: Proposed CFPB rule change teases win for nonbank lenders
Nonbank auto lenders may soon have a reason to celebrate, following a proposed rule change by the Consumer Financial Protection ...
Nonbank lenders stalled amid shifting compliance landscape
Shifting priorities within the Consumer Financial Protection Bureau, White House and FTC have changed how regulators approach consumer lending, prompting ...
New York fast-tracks abusive lending regulation (Under the Hood)
A New York bill that expands the state attorney general’s power to legally pursue predatory lenders landed on Gov. Kathy ...
California auto dealers seek to up processing fees to $500
California auto dealers may soon be able to increase their below-market document processing fee for applications, thus raising vehicle costs ...
