Frank Springfield

Frank Springfield

Burr & Forman

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CFPB Begins Supervising Nonbank Auto Finance Companies

Beginning August 31, 2015, the CFPB will begin supervising nonbank auto finance companies pursuant to 12 C.F.R. 1090.108. The Final Rule provides that auto finance companies that qualify as “larger participants of a market...more

8/20/2015  /  Automotive Industry , Automotive Loans , Consumer Financial Protection Bureau (CFPB) , Consumer Lenders , Dodd-Frank , Financial Institutions , Lenders , Non-Bank Lenders
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