The Consumer Financial Protection Bureau (CFPB) had a heightened presence in 2016; it was involved in governance for payday lending and marketplace lenders, it also declared a $100 million fine for Wells Fargo and was declared unconstitutional by a three-judge panel of the D.C. Circuit Court; the CFPB's structure and authority will be a factor for 2017; a marketplace lending retrenchment in 2016 also included a number of new lessons centered around governance and alternative forms of platform investment; decreased confidence and increasing platform defaults will be factors to watch for marketplace lending in 2017 while increasing credit defaults overall, and specifically in auto loans, could also be influential. Source