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CFPB Supervisory Report Finds Issues in Several Financial Institution Practices

Troutman Sanders

MAY 5, 2022

Summarized below are those issues identified in the areas of auto servicing, consumer reporting, credit card account management, debt collection, deposits, mortgage origination, prepaid accounts, remittances, and student loan servicing. The CFPB sees wrongful repossessions everywhere. Student Loan Servicing. Auto Servicing.

Financial Institution 52
Financial Institution Repossession Debt collector Lender 52
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CFPB Supervisory Report Finds Issues in Several Financial Institution Practices

Collection Industry News

MAY 9, 2022

Summarized below are those issues identified in the areas of auto servicing, consumer reporting, credit card account management, debt collection, deposits, mortgage origination, prepaid accounts, remittances, and student loan servicing. The CFPB sees wrongful repossessions everywhere. Student Loan Servicing. Auto Servicing.

Financial Institution 40
Financial Institution Repossession Debt collector Student loans 40
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