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Battle Heats Up Among Dealers, Lenders, CFPB

By Jim Henry, Automotive News
Loeb & Loeb LLP is noted in an article discussing the Consumer Financial Protection Bureau's (CFPB) message to auto lenders to take action on the dealer reserve. As the CFPB's message sharpens, the National Automobile Dealers Association is petitioning the retail industry to ask elected officials for a review of the CFPB's methods. The article mentions Loeb's recent webinar, "Road Map to CFPB Compliance For the Auto Finance Industry."