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NewsSeptember 23, 2014

Feldman Joins Spencer Re from Allstate Dealer Services

Brian Feldman joins Spencer Re as executive vice president to manage the firm’s automotive F&I business

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NewsSeptember 23, 2014

Cadillac Becomes Separate Business Unit

General Motors has announced a strategic realignment that will establish Cadillac as a separate business unit. In addition, the new Cadillac organization will expand to New York with a new global headquarters opening in 2015.

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NewsSeptember 18, 2014

Lease Approvals in August Set New 2014 High, Swapalease.com Reports

Strong consumer borrowing fuels rise in lease applicants in August, with approvals reaching 85.7% — besting July’s previous 2014 high of 81%.

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NewsSeptember 18, 2014

Wells Fargo to Split Consumer Credit Solutions Organization

Wells Fargo announced this week that it is separating its Consumer Lending Group’s Consumer Credit Solutions organization into two businesses with the impending retirement of Tom Wolfe, who headed up the organization.

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NewsSeptember 16, 2014

Biweekly Payment Provider Bulks Up Compliance Practices

USEA implements code of ethics and a certification test for its dealership partners. The move comes more than three months after the NADA notified members that the FTC was investigating biweekly payment programs.

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NewsSeptember 16, 2014

Northwood University, EFG Companies Partner

Under the new partnership, the two organizations will develop specialized continuing education programs, conduct joint industry research, and cross-publish content.

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NewsSeptember 16, 2014

Hudson Cook Adds Former CFPB Enforcement Deputy as Partner

Hudson Cook adds another former CFPB official to its offices in Washington, D.C., in Lucy Morris. She was a founding member of the implementation team that organized the CFPB after passage of the Dodd-Frank Act.

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NewsSeptember 16, 2014

Bill to Rescind CFPB Auto 'Guidance' Gains Support in Congress

More than 400 dealers traveled to the nation’s capital in support of a new bill that could nullify the CFPB’s guidance on auto lending.

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ArticlesCover Storyby Gregory ArroyoSeptember 15, 2014

Setting the Pace

Meet the five finalists vying for the 2014 F&I Dealer of the Year award, the winner of which will be announced this month at Industry Summit.

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ArticlesSeptember 15, 2014

Reverse the Turnover Curse

Dave Kreuser has stemmed the tide of turnovers at Zimbrick Acura by making employees, rather than customers, his top priority.

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