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California CARS Act could indirectly impact auto securitizations

ABS East 2025

Truth Headlam

A ramp-up of state regulation amid a pullback from the Consumer Financial Protection Bureau could have an indirect impact on the asset-backed securitization market.  Increased state enforcement of consumer assets in areas where the CFPB is pulling back is “going to have an effect on securitization [but] not directly,” Michelle Stasny, counsel at Chicago-based law […]

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