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Floorplan finance fraud on the rise; CUs lean into auto
As fraudulent activity picks up across the automotive industry, floorplan financiers are also seeing an uptick in dealers disappearing with vehicles or submitting fals...
Proposed CFPB rule change teases win for nonbank lenders
Nonbank auto lenders may soon have a reason to celebrate, following a proposed rule change by the Consumer Financial Protection Bureau to how it defines larger partici...