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Nonbank Firms Debt Collection Regulatory Reform

Troutman Pepper Locke

CFPB Industry Impact Uncertain Amid Priority Shift, Staff Cuts

Troutman Pepper Locke on

On April 16, the Consumer Financial Protection Bureau released a memo to staff outlining its new supervision and enforcement priorities for 2025. These priorities appear to be intended to reverse some of the more prominent...more

Goodwin

CFPB Continues Trend of Shrinking Its Own Authority By Raising Larger Participant Thresholds

Goodwin on

Earlier this month, the CFPB issued four separate advance notices of proposed rulemaking with respect to rules that give the CFPB authority over nonbank companies in the auto finance, international money transfer, debt...more

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