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CFPB Seeks to Vacate Abusive, Unjust Case Against Townstone
Summary
The CFPB is seeking to vacate an enforcement action against Townstone; the case was deemed abusive and unjust.
Why It Matters for Texas Credit Unions
This case could set a precedent that may affect how similar actions are handled in Texas credit unions, given the CFPB's oversight over all credit unions nationwide.