LexisNexis® Legal Newsroom
Troutman Sanders LLP: CFPB Goes After Mortgage Industry; Other Nonbanks Are Next

By David N. Anthony , Alan D. Wingfield and Virginia Bell Flynn Five days after the Consumer Financial Protection Bureau (CFPB) obtained its full power to regulate nonbanks through the controversial recess appointment of Richard Cordray as Director, the CFPB made its first public move against...