While there is some optimism for deregulation among auto finance lenders, lawyers are cautioning clients not to not be lax on monitoring, because state attorneys general and financial services departments are stepping into the “void” left by the Consumer Financial Protection Bureau, said Ken Rojc, managing partner of Nisen & Elliott LLC’s Automotive Finance Group. Lawyers and analysts who spoke to Auto Finance News agreed that the CFPB isn’t letting up on regulation overall — at least as long as Richard Cordray remains director. However, the bureau has also signaled a shift away from auto finance fair lending issues in a…

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