Daily Digest – January 3. Florida Man Charged With Shooting at Agent; CarMax Sees Originations Go Up, Losses Go Down

FLORIDA MAN CHARGED FOR SHOOTING AT REPO AGENT A Florida man has been arrested and charged after allegedly shooting a handgun at a repossession agent who was repossessing the man’s truck. The agent had repossessed the vehicle and was driving away when he noticed that the truck’s emergency brake was on. When he stopped and got out of...

Daily Digest – January 2. Change in How CFPB Describes Itself Indicates Shift Toward De-Regulation; New Name Added to CFPB Director Shortlist

CHANGE IN HOW CFPB DESCRIBES ITSELF INDICATES SHIFT TOWARD DE-REGULATION The Consumer Financial Protection Bureau has made a couple of subtle, but possibly important, changes about how it describes itself, which could be an indicator of what President Trump has in store for the federal agency. The CFPB just enforces rules now, for example...

Daily Digest – December 22. Next Round in English’s Lawsuit Against President Set For Today

NEXT ROUND IN ENGLISH’S LAWSUIT AGAINST PRESIDENT SET FOR TODAY A hearing is scheduled for today before a federal judge in Washington, D.C., to determine whether a preliminary injection should be granted that would declare Leandra English as the rightful acting director of the Consumer Financial Protection Bureau instead of Mick Mulvaney...

Daily Digest – December 20. Man Gets Life in Prison For Murder in Scheme to Replace Repossessed Vehicle

MAN GETS LIFE IN PRISON FOR MURDER IN SCHEME TO REPLACE REPOSSESSED VEHICLE An Illinois man was sentenced to life in prison for murdering a man he met on Craigslist in a crazy scheme to replace a vehicle that had been repossessed.   WORTH NOTING: The House of Representatives and Senate both approved tax¬†reform legislation yesterday. Here...

Daily Digest – December 19. Dealership Pays Off Auto Loan Balance on Repossessed Vehicle; Wells Fargo Names New Head of Consumer Lending Unit

DEALERSHIP PAYS OFF AUTO LOAN BALANCE ON WOMAN’S REPOSSESSED VEHICLE It’s that time of year again, when people ramp up their charitable efforts. And, one again, an individual who had her vehicle repossessed is the beneficiary of some great news. A woman, who went through cancer treatments this year had the balance on her auto loan...

Daily Digest – December 18. Man Ordered to Stand Trial After Allegedly Hitting Agent With Vehicle

MAN ORDERED TO STAND TRIAL AFTER ALLEGEDLY HITTING AGENT WITH VEHICLE A Missouri man has been ordered to stand trial after allegedly hitting a repossession agent with a vehicle. The agent was attempting to repossess two of the man’s cars. The man attempted to drive one of the vehicles away, but the agent stood in front of it, attempting to...

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