New York AG eyes Credit Acceptance Corp. in fresh probe
The Office of the New York State Attorney General is considering bringing claims against Credit Acceptance Corp. in connection with ...
Tag: compliance
Illinois to implement 36% rate cap on auto loans
The Illinois State Legislature passed a bill late yesterday as the Assembly adjourned that will impose a 36% “all-in” interest ...
McGlinchey: COVID-19’s impact on auto finance regulation with Mark Edelman
In this episode of the Industry Pulse, McGlinchey’s Colin Quillinan, Jeremy Rzepka and Mark Edelman discuss the impacts of the ...
Legislation in auto finance: What’s on the horizon?
The rise of a state-driven consumer protection agency, along with the 2020 presidential election results, could shake up legislation practices ...
Pandemic speeds remote online notarization
Given the increase in virtual working environments due to COVID-19, many lenders are exploring electronic notarization, remote online notarization (RON), ...
Lobel Financial to pay $1.3M CFPB settlement
Anaheim, Calif.-based indirect subprime auto lender Lobel Financial Corporation will have to pay $1.3 million to about 4,000 consumers as ...
Weekly Wrap: Carvana, the refi market and compliance
This week, Carvana reported that it was maintaining its tighter credit underwriting policies, an emerging trend Auto Finance News first ...
Exeter compliance expert: Collaboration is key to success
The success of compliance programs is largely determined by an ability to deliver sound, independent advisory services to the first ...
