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CFPB To Repossessors: "We Are Watching"

CFPB To Repossessors: "We Are Watching"

Repo America with J. Patrick Altes · J. Patrick Altes

March 10, 202237m 39s

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Show Notes

Washington Post article from 3/7/2022 passed along their version of the messaging from CFPB Director Rohit Chopra to auto lenders, and their repossessors: "Don't illegally repo people's vehicles. We are watching". CFPB's recent bulletin is the strongest message ever concerning auto repossessions. Patrick Altes discusses with Atty Patrick D Newman from Bassford Remele exactly what the bureau is saying to us...and our clients.