The CFPB and a major auto finance company recently entered into a Consent Order relating to several of the major lender’s past practices. A number of the issues addressed in the Order related to repossession activity. While this particular action is related to the major lender, the Consent Order gives important clues on how the CFPB will view these issues in the future as well as their expectations as to how lenders will operate.
You’ll learn from Michael Levison, Chief Executive Officer for Resolvion and guest panelist and expert industry attorney, Bill Denius.
This webinar session recording will cover:
- Review the highlights from the order
- Implications to lenders
- Review of different policy models adopted by lenders
- Provide guidance on the best course of action for lenders going forward
- Provide an opportunity to get your questions answered by industry experts
CEO | Resolvion:
Mike has over 30 years of senior executive experience in the financial institution marketplace. Prior to joining Resolvion in 2010, he served a CEO of Remark Americas, an international insurance brokerage firm for 8 years. Prior to ReMark, he served as CEO of Coverdell & Company from 1987 – 2002. Mike is a graduate of the University of Georgia School of Finance.
William J. Denius
Attorney | Killgore Pearlman P.A.:
Bill is a Shareholder at Killgore Pearlman and has been practicing law for approximately 25 years. He assists finance companies, leasing companies and other businesses with recovery/replevins of vehicles and equipment, commercial collections and other litigation matters. Bill also helps businesses with their compliance needs. He has obtained the Consumer Credit Compliance Certification from the National Automobile Finance Association; frequently speaks and writes on topics of interest to finance companies, including repossessions and collections; and publications include Frequently Used Terms In Automobile Finance Transactions published by the American Bar Association. Bill has successfully handled a number of jury and non-jury trials, arbitrations and appeals. He is AV rated by Martindale-Hubbell, the preeminent and highest possible rating in both legal ability and ethical standards. Bill is admitted to practice in all federal courts in the state of Florida, including all bankruptcy courts in the state of Florida, as well as the Eleventh Circuit Court of Appeals.
Watch the Recording:
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