Recent News

GM’s Barra to testify before U.S. House committee April 1 on recall

GM CEO Mary Barra will testify April 1 on Capitol Hill about the company's handling of its unfolding recall crisis, House Energy and Commerce Committee Chairman Fred Upton said in a statement Thursday. ... Read More »

FTC Requests Public Comments on SCI’s Application to Approve Sale of Funeral Assets in Kansas, Missouri, and Texas to Signature Funeral and Cemetery Investments

The Federal Trade Commission is currently accepting public comments on an application by Service Corporation International (SCI) to sell certain funeral and cemetery assets, as required under the FTC’s December 2013 proposed order settling charges that SCI’s...

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Defendants Behind ‘Online Entrepreneur’ Work-at-Home Scheme Settle FTC Charges

The operators of a business opportunity scheme have agreed to settle Federal Trade Commission charges that they defrauded consumers through the sale of a work-at-home program that purportedly provided consumers with their own websites that would enable them to...

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FTC to Host Discussions on Immigration Services Fraud in Durham, North Carolina

The Federal Trade Commission and U.S. Citizenship and Immigration Services (USCIS) will host a half-day event today in Durham, North Carolina, to discuss consumer protection in immigrant communities in North Carolina. Panel discussions will address the impact...

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February Lease Credit Approvals Up 11% From Last Year

CINCINNATI — Lease credit approvals during the month of February were at 66.6%, down from the 70.5% level in January and 73.3% level in December of 2013, according to data from Swapalease.com. February’s rate was the lowest since September of 2013,...

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CFPB is ‘Least Accountable’ Federal Agency, Lawmaker Charges

WASHINGTON — In honor of Sunshine Week, a nationwide initiative to promote government transparency, House Financial Services Committee Chairman Jeb Hensarling (R-Texas) issued a statement that called on the Consumer Financial Protection Bureau (CFPB) to be...

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Allstate President Resigns

JACKSONVILLE, Fla. — Douglas Herberger stepped down this week as president of Allstate Dealer Services, the company confirmed via email on Wednesday. He joined the company four years and brought with him sweeping changes.“Doug Herberger has announced...

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CFPB is ‘Least Accountable’ Federal Agency, Lawmaker Charges

WASHINGTON — In honor of Sunshine Week, a nationwide initiative to promote government transparency, House Financial Services Committee Chairman Jeb Hensarling (R-Texas) issued a statement that called on the Consumer Financial Protection Bureau (CFPB) to be...

... Read More »

Evergreen Bank Moves to Flat Fees Due to Regulatory Pressures

CHICAGO — Evergreen Bank Group became one of the first finance sources to adopt a flat-fee compensation model due to regulatory pressures. In a statement issued on March 4, the finance source said it eliminated discretionary pricing options for dealerships.The...

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Evergreen Bank Moves to Flat Fees Due to Regulatory Pressures

CHICAGO — Evergreen Bank Group became one of the first finance sources to adopt a flat-fee compensation model due to regulatory pressures. In a statement issued on March 4, the finance source said it eliminated discretionary pricing options for dealerships.The...

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