Review of the Larger Participant Rule for Non-Banks in the Auto Finance Market and the CFPB’s Examination Procedures
FOR IMMEDIATE RELEASE
TUCSON, Ariz. – July 28, 2015 – Starting August 31, the auto finance and recovery industries will be further scrutinized by the Consumer Financial Protection Bureau. How that additional regulatory authority will be administered remains to be seen, meaning there are far more questions than answers.
To help navigate this new terrain, Vendor Transparency Solutions, LLC., the industry leader in vendor compliance monitoring, together with Weltman, Weinberg & Reis Co., LPA, the nation’s largest creditors’ rights firm, will be presenting a free live webinar for auto finance companies and their contracted service providers on Thursday, August 20 at 1:00 p.m. EDT.
The webinar will be presented by Michael Dougherty of Weltman Weinberg & Reis, a leading authority on regulatory compliance in the auto finance industry.
“This is such an important topic for everyone in both the auto lending and recovery industries,” said Max Pineiro, president of VTS. “This new rule is the most important regulation to impact the auto finance market in years. There is a lot for everyone to learn and having Mike Dougherty share his thoughts will provide invaluable insights.”
Dougherty will provide an overview of the new rule and how it will impact the auto lenders, as well as the companies that provide products and services to that industry.
To register for this free webinar: https://attendee.gotowebinar.com/register/351813302696784898
For further information on Vendor Transparency Solutions, please contact VTS President, Max Pineiro at 520-468-3990 ext. 102 or max@vtscheck.com, or Jeff Koistinen, Director of Operations, at 520-468-3990 ext. 100 or jeff@vtscheck.com.
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Everyone really needs to thank all of the idiots in reality TV for shining a spotlight onto our industry. This is what they have created as a result of their 15 minutes of shame.