CFPB’s Fall Edition of Supervisory Highlights Focuses on Auto-Finance Market

Published on October 15, 2024 at 3:03 pm

Stefanie H Jackman

Partner at Troutman Pepper
Editor's Note: This article, authored by Stefanie Jackman previously appeared in Troutman Pepper’s Consumer Financial Services Law Monitor and is re-published here with permission. 
Hans / Pixabay

On October 7, the Consumer Financial Protection Bureau (CFPB or Bureau) published the Fall edition of its Supervisory Highlights, focusing on examinations of the auto-finance market completed between November 1, 2023, and August 30, 2024. The report highlights significant findings across various aspects of consumers’ experiences with vehicle finance, including origination disclosures, repossession activities, servicing practices, the handling of add-on products, and credit reporting.

Auto Loan Origination:

Repossession Activities:

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