CFPB zeros in on Servicemembers Civil Relief Act
Continuing a recent trend of highlighting potential unfair and deceptive acts or practices (UDAAP) within the auto loan servicing industry, ...
Tag: Servicemembers Civil Relief Act
Decision rules streamline lending
Rules and regulations are an inherent part of lending. The more efficiently lenders comply, the smoother the lending process for ...
Financiers should prepare for added SCRA claims
As the COVID-19 virus pandemic evolves, certain more specific effects are becoming more likely. One of these may result in ...
NMAC settles DOJ suit over unlawful repos with $3M payment
Nissan Motor Acceptance Corp. has agreed to pay the Department of Justice $3 million following allegations that the captive violated ...
CFPB Broadens Scope of Financial Education Tool
The Consumer Financial Protection Bureau expanded the audience of its virtual financial education tool, called Misadventures in Money Management, to ...
California Subprime Lender Settles DOJ Investigation Over Unlawful Auto Repossessions
© Can Stock Photo / jukree A California-based auto lender has agreed to pay the Department of Justice $80,000 following ...
California Expands Auto Loan Protections for Servicemembers
On September 19, California governor Jerry Brown signed AB 3212 which provides benefits and protections to servicemembers under the state’s ...
Hudson Valley FCU Settles DOJ Investigation Over Unlawful Auto Repossessions
© Can Stock Photo / Klementiev Hudson Valley Federal Credit Union has agreed to pay the Department of Justice $95,000 ...
