View or download a PDF of the letter here.

AFREF sent a letter to the CFPB opposing its proposal to rescind a repeat offender database of nonbank enforcement and agency orders. This will help state and federal regulators, advocates, and the public identify repeat offenders and more easily spot patterns and practices of misconduct. Rescinding this registry would help corporate scofflaws conceal their patterns of violations from the public, all while the current CFPB leadership has abandoned rigorous consumer financial protection enforcement.