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Categories: Auto Finance, Compliance, Dealer Ops, F&I

The president’s signature comes exactly five years and two months after the bureau put the auto finance industry on notice with its controversial guidance...

https://www.autodealertodaymagazine.com/323939/trump-signs-repeal-of-cfpbs-dealer-participation-guidance
Categories: Auto Finance, Compliance, Dealer Ops, F&I

As expected, the House approved the resolution of disapproval of the CFPB's guidance on dealer participation. With the Senate having voted on the resolution...

https://www.autodealertodaymagazine.com/323920/house-approves-resolution-to-repeal-cfpbs-dealer-participation-guidance
Categories: Auto Finance, Compliance, Dealer Ops, F&I

The Government Accountability Office said on Tuesday that the bureau’s March 2013 bulletin on dealer participation falls under the Congressional Review Act,...

https://www.autodealertodaymagazine.com/323597/goa-says-congress-can-review-cfpbs-guidance-on-dealer-participation
Categories: Auto Finance, Compliance, Dealer Ops, F&I

Sen. Chris Dodd and former Rep. Barney Frank say the CFPB-creating law bearing their names does not fall under the purview of the Federal Vacancies Reform...

https://www.autodealertodaymagazine.com/323581/fight-for-control-of-cfpb-not-over-democrats-say
Categories: Auto Finance, Compliance, Dealer Ops, F&I

The day Republicans introduced joint resolutions in both houses aimed at blocking the Consumer Financial Protection Bureau’s new arbitration rule, a bureau...

https://www.autodealertodaymagazine.com/323329/cfpb-small-dollar-lending-debt-collection-rules-are-coming
Categories: Auto Finance, Compliance, Dealer Ops, F&I

The U.S. House passed a joint resolution of disapproval under the Congressional Rule Act to block the CFPB’s rule banning mandatory arbitration clauses in...

https://www.autodealertodaymagazine.com/323327/u-s-house-passes-resolution-to-block-cfpbs-arbitration-rule
Categories: Compliance, Dealer Ops, F&I

F&I Express’ Brian Reed will lead a presentation designed to establish improved lines of communication between leading executives in the auto finance and...

https://www.autodealertodaymagazine.com/323296/pals-session-to-bridge-gap-between-lenders-product-providers
Categories: Auto Finance, Compliance, Dealer Ops, F&I

A new report released by Republican members of the House Financial Services Committee charges CFPB Director Richard Cordray with violating federal law when...

https://www.autodealertodaymagazine.com/322876/house-republicans-allege-cfpb-director-violated-u-s-law-in-new-report
Categories: Compliance, Dealer Ops

The Consumer Financial Protection Bureau (CFPB) this week took action against Equifax and TransUnion, ordering the two credit reporting agencies and their...

https://www.autodealertodaymagazine.com/322835/cfpb-orders-transunion-and-equifax-to-pay-23-1-million-for-deceptive-practices
Categories: Auto Finance, Compliance, Dealer Ops, F&I

Four associations representing 12,000 banks and credit unions have asked Senate leaders to consider replacing the Consumer Financial Protection Bureau’s...

https://www.autodealertodaymagazine.com/322792/four-trade-groups-ask-lawmakers-to-instate-five-person-board-to-lead-cfpb


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