For years, the subprime industry has navigated a complex landscape of regulations, from sales practices to lending laws. Yet, a new, intensified focus from...
In recent weeks, the Trump administration has significantly reduced funding for federal financial regulators. The Consumer Financial Protection Bureau (CFPB) is struggling to operate,...
Subprime auto lenders across the U.S. must prepare for the forthcoming compliance requirements tied to Section 1071 of the Dodd-Frank Wall Street Reform and...
If you are a subprime auto lender, it’s worth keeping your eye on the complaints consumers lodge with the Consumer Financial Protection Bureau (CFPB),...
The Consumer Financial Protection Bureau has long required that an institution within the scope of the CFPB’s supervision or enforcement authority, including both depository...
The Federal Trade Commission's final trade regulation rule is designed to transform the vehicle shopping and financing experience for auto dealers and consumer customers,...
The Federal Trade Commission (“FTC”) has given financial institutions six additional months to comply with the new Safeguards Rule requirements. Auto dealers who offer...
You may have heard some squeaking lately, investigated a little further, and determined that all the noise is about the Federal Trade Commission’s Safeguards...
