En Bank Fifth Circuit Rules CFPB Enforcement Action Can Proceed Against All American Check Cashing
May 9, 2022 9:49 pmBy Michael Gordon on May 9, 2022 POSTED IN CFPB, REGULATORY AND ENFORCEMENT The en banc U.S. Court of Appeals... View Article
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Average Closing Costs for Purchase Mortgages Increased 13.4% in 2021
April 21, 2022 2:22 pmClosing costs kept pace with rapidly increasing home prices and purchase volumes The Eastern region of the U.S. had the... View Article
Ninth Circuit Concludes LiveVox Not An ATDS
January 26, 2022 11:55 pmIn a post-Facebook sign of the times, the Ninth Circuit has concluded that the LiveVox Platform is not an automatic... View Article
Remaining Defendants Banned From Providing Student Loan Debt Relief Services In Settlements With FTC
January 26, 2022 9:05 pmThe remaining defendants in a deceptive student loan debt relief scheme are permanently banned from providing all student loan debt... View Article
United Holding Group Responds To CFPB FDCPA Lawsuit
January 11, 2022 11:59 pmOn January 10, 2022, the Consumer Financial Protection Bureau (“Bureau” or “CFPB”) filed a complaint alleging Consumer Financial Protection Act... View Article
Collections Industry Increases Hiring And Technology Investments While Preparing For The “Next Normal”
November 14, 2021 10:58 pmChicago, Nov. 15, 2021 – A new report by TransUnion (NYSE: TRU) and Aite-Novarica Group found that the collections industry... View Article
Household debt jumps by the most in 14 years to nearly $15 trillion in the second quarter
October 13, 2021 3:01 pmKEY POINTS Household debt rose $313 billion in the second quarter to nearly $15 trillion. In dollar terms, that was... View Article
FTC Returns Money To Consumers Harmed By Phantom Debt Collector
October 7, 2021 9:52 pmThe Federal Trade Commission is returning $772,512 to consumers who were targeted by a debt collector who unlawfully brokered and... View Article
Some Lawyers Must Soon Be Licensed By The DFPI
October 6, 2021 10:10 pmCalifornia had been one of 16 states that did not require licensing of debt collectors. That changed last year with... View Article
Bogus Debt Collectors Permanently Banned From Collections In FTC Settlement
September 27, 2021 7:20 pmDefendants posed as police, attorneys to threaten consumers over fake debts An Atlanta-based debt collection company and its owners will... View Article
