Consumer Financial Protection Bureau drops lawsuits against Capital One and Berkshire, Rocket Cos. units

The new leadership at the Consumer Financial Protection Bureau has dismissed several enforcement lawsuits initiated by the previous director, including cases involving Capital One, Vanderbilt Mortgage & Finance, Rocket Homes Real Estate, and Pennsylvania Higher Education Assistance Agency. The agency cited voluntary dismissals with prejudice in legal filings for these cases, marking a significant shift in direction under acting director Russell Vought. As the agency undergoes major changes, including closing its headquarters and reducing staff, it is expected that more cases initiated under the previous administration will be dismissed.

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