Articles

After the Handshake [SPONSORED]

After the Handshake [SPONSORED]

It goes something like this: borrower finds the vehicle of their dreams, borrower signs on the dotted line, receives the keys, their official car note, a handshake, and they drive away.  What if there were more after the handshake? There is a tremendous amount of opportunity for lenders to continueRead More

Compliance Insider: Time to Read the Tea Leaves Again

Compliance Insider: Time to Read the Tea Leaves Again

The looming reality of a Donald Trump administration surely has staffers at many agencies in a tizzy, fearing their work over the last eight years is about to be erased. That’s a bit extreme, but it’s human nature to think the worst is going to happen when politics takes anRead More

DataScan Partners With MuleSoft for API Connectivity [SPONSORED]

DataScan Partners With MuleSoft for API Connectivity [SPONSORED]

As the industry’s landscape becomes increasingly competitive, implementing new digital technologies — and doing it quickly — is vital, according to JD Grogan, vice president of technology at DataScan Technologies. In that vein, the company has adopted a variety of cloud and mobile technologies to enable users to access inventoryRead More

Compliance Insider: Is the CFPB Over?

Compliance Insider: Is the CFPB Over?

Judging by the direction of the stock market and the financial trade press, Nov. 9 brought great relief to business in general, and to financial services providers particularly. Conventional wisdom is that regulation will decrease, both in content and in fervor of enforcement. Some predict that the Consumer Financial ProtectionRead More

One for the Record Books

One for the Record Books

It is hard to avoid gaping at the performance of the auto industry in 2016. “Wow” just doesn’t seem to do justice to the record sales year. The 17.6 million new cars sold last year did not just top the 2015 total. Yes, analysts had projected another record year inRead More

Sharing Secrets — Roadblocks to Creating a Dealer Fraud Detection Network

Sharing Secrets — Roadblocks to Creating a Dealer Fraud Detection Network

With dealer fraud reaching “higher than normal” levels for Pelican Auto Finance LLC, the subprime lender has been looking to develop a lender network to share dealer fraud insights, said Troy Cavallaro, the company’s chief executive. However, the company has been “unable to move the needle” on the project dueRead More

Compliance Insider: Due Process? Really?

Compliance Insider: Due Process? Really?

On Oct. 11, the U.S. Court of Appeals for the District of Columbia Circuit held that the Consumer Financial Protection Bureau’s structure is unconstitutional. In PHH Corp. v. CFPB, the appellate court found that the director of the bureau “enjoys more unilateral authority than any other officer in any ofRead More