CFPB to Supervise Large Debt Collection Firms

The Consumer Financial Protection Bureau will supervise debt collection companies, a move that marks the second time it has asserted its authority under Dodd-Frank to oversee large nonbanks outside the direct lending sphere.

Article source: http://www.nationalmortgagenews.com/dailybriefing/cfpb-will-supervise-debt-collection-firms-1032747-1.html

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