House Votes To Rescind CFPB’s Loan Guidance

The U.S. House of Representatives Tuesday (May 8) passed joint resolution S.J.Res. 57 to rescind the Consumer Financial Protection Bureau’s (CFPB) vehicle finance guidance. An update from the Recreation Vehicle Dealers Association (RVDA) reported that the resolution is supported by RVDA, the National Automobile Dealers Association (NADA) and other industry allies. In 2013, despite Congress […]