Auto Lenders, Dealers Draw More Scrutiny After Pandemic-Era Boom
Chris Willis, a co-leader of Troutman Pepper's Consumer Financial Services Practice Group, was quoted in the February 6, 2023 American Banker article, " Auto Lenders, Dealers Draw More Scrutiny After Pandemic-Era Boom."
"There's just a whole lot of activity going on from all quarters of the regulatory front in auto finance right now," said Chris Willis, a lawyer at Troutman Pepper who advises banks and other consumer lenders.
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"The rule itself does not say that, but my suspicion is that that may evolve," said Willis, the Troutman Pepper lawyer.