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Businesses throughout Florida should be aware of consumer statutes that provide remedies to consumers and impose liability to businesses, even for small technical violations. Florida ConsumerCollection Practices Act (FCCPA). Florida’s ConsumerCollection Practices Act (FCCPA) Part 1: Understanding the FCCPA.
The plaintiffs sued for violations of the Florida ConsumerCollection Practices Act (FCCPA) and the FCRA. The plaintiffs disputed this information with the CRA, but the dispute did not result in a change in how the loan was reported.
CFPB-2012-0005 [link] The CFPB wants a “larger participant” to be any consumer debt collector who has more than $10 million in “annual receipts.” The Bureau estimates that this will bring approximately 175 entities, or the largest 4 percent of consumercollection firms, within the definition. Federal Trade Commission , 430 F.3d
The plaintiffs, who include landlords and real estate trade associations from Alabama and Georgia, argue that the CDC exceeded its authority by imposing the ban. For more information, click here. On June 29, the U.S. Supreme Court refused to lift the CDC’s moratorium on evictions during the COVID-19 pandemic.
Connecticut – On March 9, 2020, the Department of Banking issued a no action memorandum stating the department would not enforce provisions against working from home for licensed entities, including consumercollection agencies and other financial institutions, until December 31, 2020.
On July 29, the CFPB and the Federal Housing Finance Agency published updated loan-level data for public use collected through the National Survey of Mortgage Originations. On July 29, the Federal Trade Commission (FTC) announced that it will send refund checks, totaling nearly $2.3 For more information, click here.
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