The Current State of the Holder Rule: Friend or Foe? â Moving the Metal: The Auto Finance Podcast
Driving Digital Security: The FTC's Safeguards Rule Explained â Moving the Metal: The Auto Finance Podcast
Doc Fees Decoded: The Price of Paperwork in Auto Sales â Moving the Metal: The Auto Finance Podcast
Cruising Through Change: The Auto-Finance Industryâs New Era Under Trump Unveiled â The Consumer Finance Podcast
Cruising Through Change: The Auto-Finance Industryâs New Era Under Trump Unveiled â Moving the Metal: The Auto Finance Podcast
Driven by Data: Auto Finance Trends Uncovered - Moving the Metal: The Auto Finance Podcast
Shifting Gears: Adapting to Regulatory Changes in Auto Finance â Moving the Metal: The Auto Finance Podcast
Dialing In: The TCPA and Auto Finance â Moving the Metal: The Auto Finance Podcast
Requiem for the Rules: The Rise and Fall of the Junk Fee and CARS Rules â Moving the Metal: The Auto Finance Podcast
From Federal to Local: CFPBâs Blueprint for State Regulators â Moving the Metal: The Auto Finance Podcast
2024 Year in Review: Key Developments in Auto Finance â Moving the Metal: The Auto Finance Podcast
Auto Finance Under the Microscope: Unpacking Landmark FTC and AG Settlements â Moving the Metal: The Auto Finance Podcast
2024 Privacy Trends and Their Impact on Auto Finance â Moving the Metal: The Auto Finance Podcast
Lemon Law Shakeup: Rodriguez vs. FCA US Has Unexpected Result â Moving The Metal Podcast
CFPB's Supervisory Highlights on Auto-Finance and Auto-Servicing â Moving the Metal: The Auto Finance Podcast
CFPBâs Supervisory Highlights on Auto-Finance and Auto-Servicing â The Consumer Finance Podcast
Breaking Granite: Understanding New Amendments to the New Hampshire Retail Installment Sales Act â Moving the Metal: The Auto Finance Podcast
Dissecting Oral Arguments in NADA's Challenge to the CARS Rule â Moving the Metal: The Auto Finance Podcast
Loans, Retail Installment Contracts, and Refinancing Programs â Moving the Metal: The Auto Finance Podcast
The CFPBâs Report on Negative Equity in Auto Lending - Moving the Metal: The Auto Finance Podcast
The CFPB recently dropped two more lawsuits it brought under the Chopra administrationâone involving a student loan securitization trust and the other regarding a subprime auto finance company. Both lawsuits included...more
We are pleased to share our annual review of regulatory and legal developments in the consumer financial services industry. With active federal and state legislatures, consumer financial services providers faced a challenging...more
In this episode, Brooke Conkle and Chris Capurso delve into the topic of refinancing and its impacts on the auto finance industry. They are joined by special guest Jason Cover, who provides insights and education on retail...more
Petitioners in the challenge to the Federal Trade Commissionâs (âFTCâ) Combating Auto Retail Scams Rule (âCARS Ruleâ) filed their Petitionersâ Brief on March 15, 2004 in support of their petition for review, and a whoâs who...more
In this article, we share a timeline of our monthly "bites" for 2023 applicable to the auto finance industry. We think it's safe to say that the auto finance industry was top of mind to the CFPB. ...more
In this month's article, we share some of our top "bites" for the prior month covered during the August 2023 webinar. Bite 1: CFPB Publishes Report on Employer-Driven Debt - On July 20, 2023, the CFPB published a...more
On July 26, the CFPB released its Summer 2023 Supervisory Highlights reporting unfair, deceptive, and abusive acts or practices (UDAAPs) across a number of consumer financial products, including auto origination, auto...more
Continuing its aggressive push of investigating and regulating so-called junk fees charged by banks and financial companies, the Consumer Financial Protection Bureau (CFPB) recently issued a special edition of its Supervisory...more
On March 8, the CFPB released a special edition of its Supervisory Highlights focusing on junk fees uncovered in deposit accounts and the auto, mortgage, student, and payday loan servicing markets. The findings in the report...more
In this article, we share a timeline of our monthly "bites" for 2022 applicable to the auto finance industry. So, what happened in 2022?...more
California recently enacted Senate Bill 1311, the Military and Veteran Consumer Protection Act of 2022, with the stated intent of strengthening the state's military consumer protection laws by enhancing protections for...more
Continuing a recent trend of highlighting potential unfair and deceptive acts or practices (UDAAP) within the auto loan servicing industry, the Consumer Financial Protection Bureau (CFPB) recently issued a new blog post...more
If you thought that a finance company's obligation to automatically credit a consumer's account for prorated fees for GAP or any other voluntary protection product depended on the product's contract or even the applicable...more
Members of the auto finance industry continue to have a strong appetite for developing their digital origination and servicing platforms. Much of the industry also has a desire to use data in novel and creative ways to...more
A&B Abstract: The Consumer Financial Protection Bureau (âCFPBâ or the âBureauâ) recently released a Bulletin addressing the repossession of vehicles and alerting market participants to what it views as those market...more
On May 21, 2021, the Consumer Financial Protection Bureau (CFPB) and 3rd Generation, Inc. d/b/a California Auto Finance entered into a Consent Order in which the CFPB alleged unfair acts or practices in connection with an...more
On November 2, 2020, the Consumer Protection Financial Bureau (CFPB) announced that it had entered into a consent order with a Texas-based auto lender. The CFPB alleged that the auto lender engaged in deceptive acts and...more
On October 13, 2020, the Consumer Financial Protection Bureau (CFPB) announced that it had entered into a consent order with an auto finance company, alleging that the companyâs repossession practices from 2013 through...more
Last month, Ballard Spahr submitted two letters to the CFPB, critiquing the payment provisions of the CFPBâs final payday/auto title/high-rate installment loan rule (the âPayment Provisionsâ). ...more
A group of 24 Democratic state attorneys general and the D.C. attorney general have submitted a comment letter to the CFPB setting forth their opposition to the CFPBâs proposal to delay the compliance date for the...more
Yesterday, the CFPB released the Winter 2019 edition of its Supervisory Highlights. The report discusses the Bureauâs examination findings in the areas of automobile loan servicing, deposits, mortgage loan servicing, and...more
In 2018, the CFPB continued to pay attention to the auto finance industry, with a particular focus on indirect (dealer-arranged) auto lenders and unfair or abusive loan servicing practices....more
The CFPB also recently announced an $11.8 million settlement of a UDAAP (Unfair, Deceptive and Abusive Acts & Practices) enforcement action in the auto finance space. This action, where the CFPB made no allegations that a...more
The CFPB announced last week that it has entered into a consent order with Triton Management Group, Inc., a small-dollar lender, to settle the CFPBâs allegations that Triton had violated the Truth in Lending Act and the...more
On April 20, 2018, the Consumer Financial Protection Bureau (CFPB)? and Office of the Comptroller of the Currency (OCC) each announced settlements totaling $1 billion with a national bank resulting from a coordinated action...more