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Compliance

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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NewsSeptember 16, 2014

NHTSA Fumbled GM Recall, House Reports

A House committee released a report this week that raised questions about how the National Highway Traffic Safety Administration responded to consumer complaints regarding faulty ignition switches on GM vehicles.

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NewsSeptember 16, 2014

Mass. High Court Rules in Favor of Tesla

This week, the Supreme Judicial Court of Massachusetts upheld a lower court’s ruling that dealers did not have grounds to challenge Tesla Motors’ ability to sell vehicles in the state.

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ArticlesSeptember 15, 2014

Preparing for the Meeting

The executive director of the Association of Finance and Insurance Professionals explains why he looks forward to a meeting with the Consumer Financial Protection Bureau’s new assistant director.

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ArticlesSeptember 15, 2014

Satisfying Customers and the CFPB

Compliance expert explains how dealers can turn the tables on the Consumer Financial Protection Bureau by using the agency’s own guidance to respond to complaints.

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NewsSeptember 11, 2014

NADA Shows Support for New CFPB Reform Bill

The NADA is urging Congress to pass a new bipartisian bill introduced this month that would nullify the CFPB’s guidance on auto lending and require more transparency from the bureau in the future.

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NewsSeptember 4, 2014

Ga. Dealer Association Takes on Tesla

The association alleges that Tesla violated the terms of its sales license by selling more than the 150 vehicles it was allowed to sell in the state.

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NewsSeptember 3, 2014

Carfax Lawsuit Now Lists More Than 700 Plaintiffs

An antitrust lawsuit against Carfax has garnered 700 plaintiffs, up from just 124 when the suit was originally filed in May last year.

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NewsSeptember 3, 2014

Hudson Cook to Form New Group to Address Growing Scrutiny of Debt Collection

The firm has added Gary Becker and Barbara Sinsley, who will work with current Hudson Cook attorneys in creating a new practice group to focus on lender oversight and regulatory compliance for third-party debt collectors, debt buyers, collections law firms, and creditors collecting their own debts.

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NewsSeptember 2, 2014

FTC Updates Fees for 'Do Not Call' Registry

Starting Oct. 1, telemarketers accessing phone numbers on the National Do Not Call Registry will pay $60, an increase of $1, for access to Registry phone numbers in a single area code.

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