On April 11, 2023, the Purchaser Fiscal Security Bureau Director Rohit Chopra spoke with the Washington Post with regards to the banking field soon after the failure of Silicon Valley Lender. Director Chopra, who is also a board member of the Federal Deposit Insurance policies Company, focused his messaging on […]
CFPB
On January 4, the Customer Financial Security Bureau (CFPB) and New York Legal professional Normal (NY AG) filed a joint criticism in the U.S. District Court docket for the Southern District of New York against Credit score Acceptance Corporation (Credit score Acceptance), a major subprime indirect automobile finance corporation. On […]
Most likely not as well known in the nationwide news as a different somewhat large-profile balloon, in its most recent energy to legislate and control by enforcement, the Customer Economical Safety Bureau (CFPB), jointly with New York’s Lawyer Normal, very last month floated a demo balloon in the indirect financing […]