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CFPB Supervisory Report Finds Issues in Several Financial Institution Practices

Troutman Sanders

The Supervisory Highlights detail issues identified by CFPB examination teams across a wide number of segments of the consumer financial services industry. Auto Servicing. The CFPB sees wrongful repossessions everywhere. Failing to trigger refunds of GAP protection after a repossession.

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CFPB Supervisory Report Finds Issues in Several Financial Institution Practices

Collection Industry News

The Supervisory Highlights detail issues identified by CFPB examination teams across a wide number of segments of the consumer financial services industry. Auto Servicing. The CFPB sees wrongful repossessions everywhere. Failing to trigger refunds of GAP protection after a repossession.