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Lead Supervisory Authority Consumer Lenders Financial Institutions

Troutman Pepper

A CFPB First: Bureau Publicly Asserts “Dormant” Supervisory Authority Over Company

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On February 23, the Consumer Financial Protection Bureau (CFPB or Bureau) released an order, dated November 30, 2023, establishing supervisory authority over installment lender World Acceptance Corp. The CFPB found that it...more

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