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CFPB Limits Its Own Powers Against Abusive Conduct in New Policy

Friday, January 24, 2020
Evan Weinberger | Bloomberg Law
Will Corbett

Those directives are likely to make it harder for the CFPB to deploy the abusiveness standard, said Will Corbett, director of litigation at the Center for Responsible Lending. “The CFPB is deliberately tying the hands of its enforcement and supervision of abusive acts practices,” he said.