The Consumer Financial Protection Bureau (CFPB) under new leadership dismissed three enforcement lawsuits initiated by the previous administration’s director. In legal documents, the CFPB announced a voluntary dismissal of cases involving Capital One, Rocket Homes Real Estate—a subsidiary of Rocket Companies—and Pennsylvania Higher Education Assistance Agency, a loan servicer. The agency stated, “The Plaintiff, the Consumer Financial Protection Bureau, dismisses with prejudice this action against all Defendants,” in the filing related to the Capital One case. This story is still unfolding. Please revisit for further updates. — news from CNBC
