The Consumer Financial Protection Bureau dismissed enforcement lawsuits against Capital One Financial, Vanderbilt Mortgage & Finance, Rocket Homes Real Estate and the Pennsylvania Higher Education Assistance Agency.
The bureau’s new leadership issued notices of voluntary dismissal in the four cases with prejudice, meaning that the cases are permanently closed.
Under former Director Rohit Chopra, the CFPB had pursued major enforcement actions against:
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Capital One, accusing the bank of unfairly avoiding paying customers more than $2 billion in interest.
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Vanderbilt Mortgage & Finance, alleging the company had risky lending practices tied to manufactured homes.
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Rocket Homes Real Estate, charging it with offering illegal kickbacks to real estate agents.
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Pennsylvania Higher Education Assistance Agency, accusing it of improper loan collections.