Fall 2016 CFPB Supervisory Highlights

The CFPB released the Fall 2016 issue of its Supervisory Highlights.  Included are – Repossession fees and refusal to return property Supervision found that companies were holding borrowers’ personal belongings and refusing to return the property to borrowers until after the borrower paid a fee for storing the property. If borrowers did not pay the fee before the company was … Read More