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CFPB

DOJ Settles Claims With Auto Finance Companies Over Repossessing Active Duty Servicemembers’ Vehicles

Auto Finance  •  CFPB  •  Debt Collection  •  DOJ  •  SCRA
On September 27, the U.S. Department of Justice (“DOJ”) announced that it had entered into a $760,000 settlement​ with two affiliated auto finance companies stemming from allegations that the companies violated the Servicemembers Civil Relief Act (“SCRA”), 50 U.S.C. […]

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Q2 2017 Sees Significant Decrease In Civil Penalties and Consumer Relief

CFPB  •  DOJ  •  Enforcement Trends  •  FCA/FIRREA  •  FRB  •  HUD  •  OCC  •  State AGs
In the second quarter of 2017, Consumer Enforcement Watch tracked 40 enforcement actions taken against consumer financial service providers. This represents a marginal decrease from the 46 enforcement actions taken against consumer financial service providers […]

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