CFPB’s Cordray Tries to Calm Auto Loan Conflict

This week was shaping up to be a showdown on auto finance. But from a U.S. Senate hearing Tuesday (Nov. 12) on the work of the Consumer Financial Protection Bureau (CFPB), it became clear that CFPB Director Richard Cordray wants to thaw the agency’s icy relationship with auto lenders and dealers. Automotive News reported that [...]