CFPB V. NCSLT Oral Arguments Scheduled for May

The U.S. Court of Appeals for the Third Circuit has scheduled oral arguments in the case of the CFPB v. NCSLT for May 17, 2023, after being previously scheduled for March.  The court’s ruling will play a critical role in determining whether securitization Trusts will be classified as “covered persons” under the Consumer Financial Protection Act (CFPA) and whether they will be subject to CFPB enforcement.

Read More