CUNA Mutual advises credit unions on capturing a potentially valuable market.
The final rule only impacts 24% of credit unions and will not inhibit low-risk lending.
The lending CUSO reports sales will hit a record 17.4 million in 2015 but just 17.6 million in 2016.
As the deadline looms, a lack of clarity on the TILA-RESPA rule is triggering anxiety.
As auto leasing becomes more popular among millennials, credit unions are discovering its merits.
Diversification is key to a healthy credit union lending ecosystem.
Vendors can fill information gaps and be a valuable resource in a changing business landscape.
The auto lending growth momentum continues at credit unions, while the CFPB cracks down on non-bank auto finance companies.
Auto sales and loans have remained strong thanks to low interest rates and a steady job market.
The bureau's new rules could eventually level the playing field between banks and nonbanks.