Buckley Webcast: The CFPB's Expanding Oversight of Auto Finance, Part II
Buckley presented the webcast "The CFPB's Expanding Oversight of Auto Finance - Part II," on Thursday, October 30, 2014. Speakers included Jonice Gray Tucker, Amanda Raines, Jeff Naimon, and Jon Langlois.
During its September 18th field hearing, the CFPB announced that its supervisory reach is expanding to include non-bank "larger participants" in the indirect auto finance market, which will have significant consequences for all industry participants. As promised, Buckley is following up with the second in a two-part webcast series covering a range of issues auto finance companies and banks may face as the CFPB increases its scrutiny of auto finance. The second installment will discuss:
- Ancillary products and emerging regulatory risk associated with such products
- Vendor management
- Other key risk management topics
- What does the future hold with this new layer of regulation