Time to Pull Out the Trusty Old Crystal Ball

In our article in the December 2021 issue of Spot Delivery reviewing the predictions we made early in 2021, we promised to provide you...

Car Dealership Fraud & Deceit: Investigation, Prosecution and Trends

What the  finance industry should know For finance company executives that do business with dealerships, it’s imperative to have answers to the questions below, especially...

CFPB Sues Software Company for Providing Substantial Assistance

The Consumer Financial Protection Bureau (CFPB) recently filed a lawsuit in federal district court accusing a California-based software company and its founder, owner, and...

Watch your Step:

Justice Department Reaches yet Another Settlement with Auto Finance Company for Violating SCRA Over the last couple of years, it seems I see the same...

Credit Reporting Takes the Stage During Coronavirus Pandemic after Becoming Target of Lawsuits and...

In just a matter of weeks, the unprecedented coronavirus pandemic has drastically changed our lives, our work and the economy. In response, new laws...

CFPB Highlights Trouble in Collecting Inflated Deficiencies

The Consumer Financial Protection Bureau (“CFPB” or “Bureau”) regularly publishes Supervisory Highlights in which it shares with the public key findings from its supervisory...

FTC Charges Dealer Group with ‘Unfair Discrimination’ and Charging ‘Junk Fees’

The Federal Trade Commission (FTC) has had a target on auto dealers for a couple of years now and has recently brought another case...

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....

Courts Continue to Apply TCPA to Ringless Voicemail Services

Dealers and automotive sales finance companies must proceed with caution when considering using ringless voicemail services to reach leads and current customers. The few...

Lessons Learned in RMBS Litigation will Steer Sub-prime Auto Litigation

Beyond COVID-19’s impact on the public’s health and safety, massive unemployment and extreme economic uncertainty are causing a realignment of Americans’ financial priorities in...