Account Recovery
OCTOBER 9, 2023
Rohit Chopra, the Director of the Consumer Financial Protection Bureau, doesn’t appear to be fazed by last week’s Supreme Court hearing that could alter the future of the agency he helms, and continues to push an aggressive agenda, going as far on Friday as to compare how the lines between payments and commerce are blurring […]
Consumer Finance
OCTOBER 9, 2023
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit in federal court today, alleging that Freedom Mortgage Corporation submitted legally-required mortgage loan data that was riddled with errors.
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Account Recovery
OCTOBER 9, 2023
Judge Denies MTD, Motion to Strike Class Allegations in Case Over Debt Parking Chopra: Current Payments Path Could Lead to ‘China’ Style Surveillance of Consumers CFPB Petitions Court to Force Lender That Wants to Wait for Supreme Court Ruling to Comply with CID Now Compliance Digest – October 9 WORTH NOTING: Diving into the science […]
Troutman Sanders
OCTOBER 9, 2023
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week: Federal Activities State Activities Federal Activities: On October 6, the Federal Trade Commission (FTC) announced that two providers of student loan debt relief are permanently banned from the debt relief industry.
Speaker: Mark Stovel
When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.
Account Recovery
OCTOBER 9, 2023
I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.
Account Recovery
OCTOBER 9, 2023
The Consumer Financial Protection Bureau has filed a motion in federal court to compel a company to comply with a Civil Investigative Demand it has received from the Bureau, but the company is seeking to stay the proceedings until after the Supreme Court issues its ruling in CFPB v. Community Financial Services Association.
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