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In a party line vote, the Senate Banking Committee approved the nomination of Richard Cordray to his five-year term as director.
Read More →At least four banks have 15 days to provide an explanation of their auto lending practices to the Consumer Financial Protection Bureau, or they could face lawsuits.
Read More →Richard P. Hackett, assistant director of the Consumer Financial Protection Bureau, will return as a keynote speaker for the NAF Association's 2013 conference, event organizers announced this week.
Read More →The Consumer Financial Protection Bureau’s No. 2 official will depart after a new set of mortgage rules is finalized, The Wall Street Journal reports.
Read More →Finance sources aren’t the only ones being targeted by the new consumer protection bureau, which announced that it will begin overseeing consumer reporting agencies.
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The magazine’s resident legal wiz reports on what he saw and heard at the industry’s annual get-together last month, including reports of dealer investigations being conducted by the Federal Trade Commission.
Read More →The National Automotive Finance (NAF) Association announced that Richard P. Hackett, an assistant director at the Consumer Financial Protection Bureau, will be the keynote speaker at the NAF’s 16th annual conference.
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The magazine’s legal wiz shines up his crystal ball to offer his predictions on how the CFPB and the FTC will flex their regulatory muscles in 2012.
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The industry has been waiting for signs on how the CFPB would approach anything auto. The magazine’s resident legal wiz says the agency has finally tipped its hand.
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Dealers have done well to defend themselves against the oncoming blitz of new regulations, but the magazine’s newest compliance expert says there are a few downs left to play.
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