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Last week, the U.S. House Financial Services Committee passed the Financial CHOICE Act, which supporters describe as an alternative to the Dodd-Frank Act....
https://www.fi-magazine.com/322613/u-s-house-committee-passes-bill-aimed-at-replacing-dodd-frankThe Consumer Financial Protection Bureau used its field hearing today to issue its proposed rule targeting what Director Richard Cordray called “payday debt...
https://www.fi-magazine.com/322394/cfpb-issues-small-dollar-lending-ruleThe Consumer Financial Protection Bureau will be holding a field hearing on May 5 in Albuquerque, N.M., to discuss arbitration. CFPB Director Richard...
https://www.fi-magazine.com/322314/cfpb-to-discuss-arbitration-at-field-hearing-next-monthAFIP's executive director has some choice words for President Obama, Sen. Warren and the 'smartest guys in the room.'
https://www.fi-magazine.com/310785/the-cfpbs-misguided-crusadeThe three-year standoff between Toyota Motor Credit, the Justice Department and the CFPB is over, with the captive agreeing to pay up to $21.9 million in...
https://www.fi-magazine.com/322140/toyota-motor-credit-agrees-to-lower-markup-caps-to-settle-cfpb-allegationsRepublican member of the House Financial Services Committee have once again release internal CFPB documents. This time, the documents show that some...
https://www.fi-magazine.com/322121/house-republicans-ask-attorney-general-to-halt-ally-settlement-payoutsThe Consumer Financial Protection Bureau has taken action against Herbies Auto Sales for abusive financing schemes, hiding auto finance charges and...
https://www.fi-magazine.com/322120/cfpb-bhph-dealer-to-pay-800-000-for-abusive-financing-practicesThe House Financial Services Committee’s decision to release confidential CFPB documents was a big win for the industry. But will it be enough to stop the...
https://www.fi-magazine.com/324383/outing-the-cfpb
The acquisition comes more than two months after BMO Harris Bank informed dealers it was exiting 12 states to refocus its indirect auto business.
https://www.fi-magazine.com/322045/bmo-completes-acquisition-of-ges-transportation-finance-businessThe Consumer Financial Protection Bureau recently released its fall 2015 rulemaking agenda. In it, the CFPB outlined its list of current initiatives that...
https://www.fi-magazine.com/322028/cfpb-releases-fall-2015-rulemaking-agenda