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

According to a report in The Wall Street Journal, the review of GAP refunds the bank initiated last year has expanded to other F&I products and services.

https://www.autodealertodaymagazine.com/323851/wells-fargo-reviewing-fi-products-as-regulatory-pressure-builds
Categories: Auto Finance, Compliance, Dealer Ops, F&I
Bloomberg: Senate Banking Chair Closing In on Bipartisan Dodd-Frank Rollback

Republican Senator Mike Crapo (R-Idaho) told reporters on Wednesday he’s getting closer to brokering a deal on bipartisan legislation aimed at rolling back...

https://www.fi-magazine.com/323544/bloomberg-senate-banking-chair-closing-in-on-bipartisan-dodd-frank-rollback
Categories: Auto Finance, Compliance, Dealer Ops, F&I
Bloomberg: Senate Banking Chair Closing In on Bipartisan Dodd-Frank Rollback

Republican Senator Mike Crapo (R-Idaho) told reporters on Wednesday he’s getting closer to brokering a deal on bipartisan legislation aimed at rolling back...

https://www.autodealertodaymagazine.com/323544/bloomberg-senate-banking-chair-closing-in-on-bipartisan-dodd-frank-rollback
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.fi-magazine.com/323486/ally-takes-control-of-gap-refunds
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
Categories: Auto Finance, Compliance, Dealer Ops, F&I
House Approves Dodd-Frank Replacement Bill

Four days after the U.S. House passed a bill aimed at reversing a number of Dodd-Frank financial regulations and scaling back the CFPB’s authority, the...

https://www.fi-magazine.com/323231/house-approves-dodd-frank-replacement-bill
Categories: Auto Finance, Compliance, Dealer Ops, F&I
House Approves Dodd-Frank Replacement Bill

Four days after the U.S. House passed a bill aimed at reversing a number of Dodd-Frank financial regulations and scaling back the CFPB’s authority, the...

https://www.autodealertodaymagazine.com/323231/house-approves-dodd-frank-replacement-bill
Categories: Compliance, Dealer Ops
Poll: Most Voters in Battleground States Support Structural Reforms to CFPB

By a three-to-one margin, voters surveyed in seven key battleground states said they prefer a bipartisan commission over a single director.

https://www.fi-magazine.com/323178/poll-most-voters-in-battleground-states-support-structural-reforms-to-cfpb
Categories: Compliance, Dealer Ops
Poll: Most Voters in Battleground States Support Structural Reforms to CFPB

By a three-to-one margin, voters surveyed in seven key battleground states said they prefer a bipartisan commission over a single director.

https://www.autodealertodaymagazine.com/323178/poll-most-voters-in-battleground-states-support-structural-reforms-to-cfpb
Categories: Compliance
Playing With Fire

Two attorneys issue a warning about a new sales trick circulating through the industry. Their advice: If it’s too good to be true, it probably is.

https://www.fi-magazine.com/310995/playing-with-fire


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