CFPB Doubles Down

The Consumer Financial Protection Bureau is seeking to hold National Asset Advisors and a related company in contempt shows that the agency is proceeding with an investigation into businesses associated with the sale of homes to lower-income borrowers with seller financing.

The move also indicates that the bureau, which was established after the 2008 financial crisis, is not backing down even as the Trump administration and Republicans in Congress support proposals that would greatly reduce its enforcement powers.


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