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CFPB Ruling Could Adversely Affect Dealers and Consumers

2013-03-26 21:21:43| AutomotiveDigest.com - Automotive Industry News

Auto dealership advocates are warning that costs will rise for borrowers if the Consumer Financial Protection Bureau presses banks to curtail auto loan markups determined by dealers. The warning followed the CFPB's bulletin this week that said banks are responsible for discrimination if their partner dealers mark up the interest rates on loans for minority borrowers or engage in other fair lending abuses. The agency is encouraging lenders to adopt a flat-fee model for dealer compensation. But dealer industry representatives said doing so would hurt competition and ultimately boost car prices. Dealer industry representatives, concerned about the new CFPB ruling, encouraging lenders to adopt a flat-fee model for dealer compensation, said doing so would hurt competition and ultimately boost car prices. [Read more]The Article CFPB Ruling Could Adversely Affect Dealers and Consumers appeared first on Automotive Digest.

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How could South American Crop affect US crop prices?

2013-03-26 13:50:00| Corn & Soybean Digest

The concern I have is NOT with current demand, but demand moving forward with the "long South American tail" looming... Grain Market Viewpoint read more

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Recent Supreme Court Decision May Affect Environmental Standing

2013-03-16 13:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Environmental News Network: A recent decision by the United States Supreme Court has raised questions about the scope of plaintiffs' standing to bring suit in federal court, a critical issue for environmental litigants. Federal courts have long recognized that certain types of environmental harms can form the basis of standing under Article III of the United States Constitution, which requires plaintiffs to establish an "actual or imminent" injury that is "fairly traceable" to the challenged conduct and "likely to be redressed"...

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AUDIO: Will E.on profits fall affect consumers?

2013-03-13 08:43:28| BBC News | Business | UK Edition

E.on, one of the UK's Big Six energy suppliers, has reported annual results which show a fall in profits as the company counts the cost of not raising bills in 2012.

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'Pintsized'w malware bypassed GateKeeper to affect tech companies

2013-03-12 22:24:46| CNET News.com

Gatekeeper exploit in part adds to debate over the necessity of security software for OS X. [Read more]

Tags: companies tech affect malware

 

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