TUCSON, Ariz. — Vendor Transparency Solutions, an
Arizona-based compliance management company, and Michael Dougherty of Weltman,
Weinberg & Reis, a large creditors' rights law firm, are announcing the
launch of a series of free Consumer Financial Protection Bureau compliance
webinars.

Organizers indicated the webinars, each covering different
CFPB topics, will be made available to auto lending institutions and the entire
repossession industry. The first webinar is scheduled for 1 p.m. ET on March
14.

The topic of this first webinar is titled, "The Repossession
Industry and the CFPB: Are You Affected and What Does It Mean for Your
Business?"

After the opening session, the series will continue with
these events:

—Tips, pointers and suggestions for preparing for a CFPB
audit

—Establishing an effective compliance management system

—Creating an effective consumer complaint program

—Ensuring management oversight of your overall compliance
program

—Protocols and procedures for maintaining and updating your
consumer compliance program

"Our team is looking forward to our joint effort with
Weltman, Weinberg and Reis," VTS president Max Pineiro said.

"The timing of these compliance webinars to the repossession
industry and the automotive lending community could not be coming at a better
time. We feel it is important to equip the industry with the knowledge of how
the new reforms apply to their organizations," Pineiro continued.

To register for the webinar, go to this page.

For further information on Vendor Transparency Solutions'
products and services, contact Pineiro at (888) 495-6217 ext. 102 or via email
at [email protected] or director of
operations, Jeff Koistinen at (520) 248-6000 or via email at [email protected].

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