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Categories: Auto Finance, Compliance
NADA Seeks Clarity Through Upheaval

NADA Chairman Wes Lutz laid out the association's priorities and touched on a number of pressing topics at the American Financial Services Association...

https://www.fi-magazine.com/311161/nada-seeks-clarity-through-upheaval
Categories: Auto Finance, Compliance, Dealer Ops, F&I
Wells Fargo Faces $1 Billion Fine for Mortgage and Auto Insurance Issues

Wells Fargo’s first-quarter earnings call was staged amid a string of regulatory concerns, declining auto originations, and the sale of a Puerto Rican...

https://www.fi-magazine.com/323869/wells-fargo-faces-1-billion-fine-for-mortgage-and-auto-insurance-issues
Categories: Auto Finance, Compliance, Dealer Ops, F&I
Wells Fargo Faces $1 Billion Fine for Mortgage and Auto Insurance Issues

Wells Fargo’s first-quarter earnings call was staged amid a string of regulatory concerns, declining auto originations, and the sale of a Puerto Rican...

https://www.autodealertodaymagazine.com/323869/wells-fargo-faces-1-billion-fine-for-mortgage-and-auto-insurance-issues
Categories: Auto Finance, Compliance, Dealer Ops, F&I
Reuters: U.S. Senate Panel Plans to Scrap CFPB’s Dealer Participation Guidance

U.S. Senate Banking Committee Republican Pat Toomey said on Tuesday the panel plans to scrap the CFPB’s guidance on dealer participation and leverage lending.

https://www.fi-magazine.com/323854/reuters-u-s-senate-panel-plans-to-scrap-cfpbs-dealer-participation-guidance
Categories: Auto Finance, Compliance, Dealer Ops, F&I
Reuters: U.S. Senate Panel Plans to Scrap CFPB’s Dealer Participation Guidance

U.S. Senate Banking Committee Republican Pat Toomey said on Tuesday the panel plans to scrap the CFPB’s guidance on dealer participation and leverage lending.

https://www.autodealertodaymagazine.com/323854/reuters-u-s-senate-panel-plans-to-scrap-cfpbs-dealer-participation-guidance
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.fi-magazine.com/323851/wells-fargo-reviewing-fi-products-as-regulatory-pressure-builds
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

The editor wonders how regulators, including two new mini-CFPBs in Pennsylvania and Maryland, view a consumer advocacy group’s highly critical report on how...

https://www.fi-magazine.com/324496/it-is-unwise-to-lower-your-defenses
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


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