CFPB Issues Orders to Nine Large Auto Lenders
In November 2022, the CFPB announced its intention to build an auto lending data set. In furtherance of that goal, on February 23, 2023, the CFPB issued orders to nine large auto finance lenders. Amongst others, the CFPB seeks information on lending, servicing, defaults, and market values. Here is a sample order. The specified purpose states: The Bureau is issuing… Read More