How Automotive Lenders Can Improve their Compliance Framework to Adhere with Automotive Loan Regulations
Many automotive lenders face challenges today associated with maintaining compliance in all facets of their business. Automotive loan compliance requires knowledge of federal regulations...
Coronavirus: A Crisis for Asset Finance Operations or a Catalyst for Technological Change?
Business leaders have largely embraced the rapid introduction of home working and digital processes as an inevitable necessity. Though the global lockdown has rapidly...
Three Things to Know about Possible Litigation Resulting from a Meltdown of Auto-Backed Securities
In the wake of the last recession, millions of homeowners defaulted on their home loans, leading to massive losses for residential mortgage backed securities...
Supreme Court’s Seila Law Decision Brings Clarity to the CFPB (for Now)
In June, the Supreme Court struck down the leadership structure of the CFPB as unconstitutional. (The case is Seila Law LLC v. CFPB, No....
Fin-tech – It’s Just Another Fad
According to the Internet, Fin-tech, aka financial technology, is the technology and innovation that aims to compete with traditional financial methods in the delivery...
Outliers and Auto Finance: Pondering and Modelling the Unpredictable
I’ve always been intrigued by the notion of planning for unpredictable outliers. Since studying game theory at university and then reading Nassim Nicholas Taleb’s...
How Automotive Lenders Can Improve their Compliance Framework to Adhere with Automotive Loan Regulations
Many automotive lenders face challenges today associated with maintaining compliance in all facets of their business. Automotive loan compliance requires knowledge of federal regulations...
Compliance Education During the Pandemic
Educational opportunities are one of the primary benefits of membership in the NAF Association. The Consumer Credit Compliance Certification Program introduced over seven years...
Food Fight!
Image courtesy of @Nerdmatters store on Etsy
The food fight scene from Animal House always reminds me of the auto finance environment. Applications tossed around...
Helping Sub-prime Buyers Out of the Credit Crevasse
In a society dependent on personal transportation, the buy-here, pay-here dealers and sub-prime finance sources provide essential services for a significant number of Americans....
