![United States: Third Circuit Holds Securitization Trusts Can Be Subject To CFPB Enforcement Authority - Mayer Brown](https://cdn.newsserve.net/ONPglobe256.png)
United States: Third Circuit Holds Securitization Trusts Can Be Subject To CFPB Enforcement Authority - Mayer Brown
In a long-awaited decision, the Third Circuit handed the Consumer Financial Protection Bureau ("CFPB" or "Bureau") a victory in the National Collegiate Student Loan Trust litigation that could have wide-reaching implications for market participants in the consumer financial services industry.
Full Article