Earlier this week the CFPB released its Summer 2017 Supervisory Highlights, which covers supervisory activities generally completed between January through June of 2017. The report touts the $14 million total restitution payments consumers received due to nonpublic supervisory activities during this period-plus the approximately $1.15 million in consumer remediation and $1.75 million in civil

The CFPB, together with the Federal Reserve Board and the Department of Justice, will hold a  webinar on Tuesday, August 6 on ” Indirect Auto Lending – Fair Lending Considerations.”  

This webinar is part of an ongoing series focused on consumer compliance issues. Topics to be covered include: 

It seems two major auto dealer trade groups share my doubts about whether the CFPB’s position on dealer rate participation will really help car buyers.  In a statement responding to CFPB Bulletin 2013-02,  the National Automobile Dealers Association and the National Association of Minority Automobile Dealers assert that the CFPB guidance “attempts to force auto