CFPB Says Santander Violated Fair Lending Laws The CFPB has notified the Department of Justice that Santander Consumer USA's auto lending practices have allegedly violated fair lending laws, according to a regulatory filing. Read more here
FTC Closes Antitrust Case Against Dealers, TrueCar Says In a regulatory filing this week, TrueCar said it considers a federal antitrust case against dealers to be closed. The FTC was looking into whether dealers refusing to do business with...
House Committee Passes Bill to Repeal CFPB's Auto Lending Guidance This week, a U.S. House committee passed H.R. 1737, a bipartisan bill that aims to repeal the Consumer Financial Protection Bureau's 2013 guidance on dealer participation.