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Categories: Auto Finance, Compliance, Dealer Ops, F&I
Appeals Court Rules CFPB Structure Is Constitutional

On Wednesday, the D.C. Court of Appeals ruled 7-3 that a provision in the Dodd-Frank Act that says the CFPB director can only be removed for cause does not...

https://www.autodealertodaymagazine.com/323696/appeals-court-rules-cfpb-structure-is-constitutional
Categories: Dealer Ops, F&I
Zurich to Focus Heavily on F&I in 2018

Zurich North America is reshaping its dealer P&C portfolio to address 'persistent underperformance due to continued volatility associated with large and...

https://www.autodealertodaymagazine.com/323672/zurich-to-focus-heavily-on-fi-in-2018
Categories: Auto Finance, Compliance, Dealer Ops, F&I

Based on an interpretive rule issued by the Defense Department on Dec. 14, including credit-protection products like GAP in a servicemember’s vehicle...

https://www.autodealertodaymagazine.com/323619/updated-core-fi-product-could-put-some-auto-finance-deals-under-military-lending
Categories: Auto Finance, Compliance, Dealer Ops, F&I

The Fair Credit Reporting Act’s ‘business records turnover provision’ requires that business provide free of charge and without subpoena records relating to...

https://www.autodealertodaymagazine.com/323614/ftc-reminds-businesses-of-duties-to-victims-of-identity-theft
Categories: Compliance, Dealer Ops, Digital

Add Cox Automotive to the growing list of tech vendors and dealers alleging that CDK and Reynolds and Reynolds Co. conspired to eliminate competition for...

https://www.autodealertodaymagazine.com/323606/cox-automotive-files-antitrust-lawsuit-against-cdk-global
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
Judge Sides With Trump in Battle for Control of CFPB

A federal judge refused to block the appointment of Mick Mulvaney as interim director of the Consumer Financial Protection Bureau, but the Trump...

https://www.autodealertodaymagazine.com/323578/judge-sides-with-trump-in-battle-for-control-of-cfpb
Categories: Auto Finance, Compliance, Dealer Ops, F&I
F&I Pacesetters: Bob Moore Cadillac of Edmond

The Edmond, Okla., Cadillac dealership is one of two Cadillac stores in the Bob Moore Auto Group, a 14-rooftop dealer group founded by Robert W. Moore.

https://www.autodealertodaymagazine.com/311079/fi-pacesetters-bob-moore-cadillac-of-edmond
Categories: Compliance, Dealer Ops, F&I
Pence Casts Tiebreaking Vote to Kill CFPB's Arbitration Rule

The vice president cast his tiebreaking vote late Tuesday night. The measure now heads to President Trump's desk, where it is likely to be signed. Once it...

https://www.autodealertodaymagazine.com/323514/pence-casts-tiebreaking-vote-to-kill-cfpbs-arbitration-rule
Categories: Compliance, Dealer Ops, F&I
Ally Takes Control of GAP Refunds

The finance source’s new policy took effect days before new allegations surfaced that Wells Fargo failed to deliver GAP refunds to borrowers. It states that...

https://www.autodealertodaymagazine.com/323486/ally-takes-control-of-gap-refunds


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