The CFPB, FRB and DOJ joined forces to host a fair lending webinar. The latter two shed some light on their approach to determining rate discrimination, but the CFPB’s standards for determining disparate impact remain a mystery.
Read More →As part of a settlement for misrepresenting the condition of the cars it sold, Lencore Leasing agreed to pay a $66,000 fine.
Read More →A U.S. bankruptcy judge accused Ally Financial of sending confusing letters to bankrupt customers that demanded payments on debts they no longer owed. Ally was ordered to pay $11,000 to a recipient of such a letter.
Read More →Three Ohio brothers who owned a now-defunct used-car dealership are charged with failing to deliver motor vehicle titles to customers. The state’s attorney general seeks $94,000 in reimbursement.
Read More →The traded association's new Operations and Regulatory Compliance Committee will address the policies, guidance, enforcement actions and regulations issued by the federal government and agencies that impact its members.
Read More →Certegy Check Services Inc. has agreed to pay $3.5 million to settle Federal Trade Commission charges that it violated the Fair Credit Reporting Act.
Read More →Compli and Swan Island Networks integrate Cybero and Complí Portfolio technology for a comprehensive suite of SaaS solutions.
Read More →Compli Portfolio beat out more than 45 technology solutions to be named winner in the competition for governance, risk and compliance (GRC).
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The magazine’s F&I expert says it’s time to stop complaining about the Internet, and offers a four-step process for turning the Internet into an ally of the F&I office.
Read More →His Madness recounts a little history lesson before offering a primer for snuffing out bad habits and making positive changes.
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