CFPB Casts Wide Net In Enforcement Shift

Law360, New York (February 28, 2013, 7:35 PM EST) -- The Consumer Financial Protection Bureau has recently shown a renewed interest in reforming markets where a lack of choice may leave consumers vulnerable to abuse, casting a remarkably broad enforcement net that experts say could ensnare debt collectors and credit reporting firms and shape the agency's reviews of student financial services and payday lending.

The CFPB has always had a focus on consumer choice issues, but with mortgage rulemaking now largely out of the way, the agency has been more forcefully touting other items on its...
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