CFPB and Justice Department Caution Auto Finance Companies about Servicemember Protections

WASHINGTON, D.C. – The Office of Justice and the Customer Financial Safety Bureau (CFPB) issued a joint letter these days reminding vehicle finance firms of their duties to understand important…

CFPB Invokes Dormant Dodd-Frank Authority to Regulate Nonbank Financial Companies

May 5, 2022 Click for PDF On April 25, 2022, the Consumer Financial Protection Bureau announced that it will begin relying upon a “largely unused legal provision” of the Dodd-Frank…

CFPB Invokes Dormant Authority to Examine Nonbank Companies Posing Risks to Consumers

Washington, D.C. – The Purchaser Monetary Defense Bureau (CFPB) announced that it is invoking a mostly unused lawful provision to examine nonbank financial corporations that pose threats to buyers. The…

CFPB Warns Auto Finance Companies About Inadvertent Repossessions | Troutman Pepper

On February 28, the Buyer Financial Defense Bureau (CFPB or Bureau) issued a bulletin and accompanying push launch, highlighting an problem that the company has penned about regularly over the…

CFPB Warns Auto Finance Companies About Inadvertent Repossessions

On February 28, the Shopper Money Defense Bureau (CFPB or Bureau) issued a bulletin and accompanying push release, highlighting an issue that the agency has prepared about regularly more than…