Nov
08
Wall Street Is Fighting a CFPB Deal Over Billions in Defaulted Student Loans
ByFaulty practices by debt collectors spur calls for a massive audit. But America’s securitization industry warns there may be consequences for future borrowers.
It seemed like the kind of case regulators had resolved countless times before: Debt collectors are accused of using flawed documentation and lawsuits to collect unpaid loans. A fine is levied, a promise to reform is made, and everyone moves on…
Wall Street Is Fighting a CFPB Deal Over Billions in Defaulted Student Loans
