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A District Court judge in Washington has denied a defendant’s motion for judgment on the pleadings in a Fair Debt Collection Practices Act class-action case over alleged “junk” fees, ruling that the plaintiffs adequately pleaded plausible claims under the FDCPA and related state consumer protection laws. What makes this case even more interesting is that the Consumer Financial Protection Bureau has filed its own amicus brief in favor of the plaintiffs.
Today, the CFPB sued student lender Climb Credit and 1/0 (“one zero”) for misrepresenting the quality of the programs at their partner schools and making false claims about graduates’ outcomes.
The Consumer Financial Protection Bureau and the Department of Justice yesterday announced a settlement with Fairway Independent Mortgage Corp. over allegations that the company engaged in redlining by discriminating against minority borrowers in Birmingham, Ala. The settlement, which could total over $9 million, includes both penalties and funds aimed at increasing access to mortgage loans for these historically underserved communities.
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
Depending on whether youre a glass-half-full or glass-half-empty kind of person, plaintiff and defendant both won or both lost when a judge in the Northern District of Illinois recently denied in one fell swoop both the defendants motion for summary judgment and the plaintiffs motion for class certification. Murtoff v.
Judge Denies MJOP in FDCPA Class Action Over ‘Junk’ Fees More Economists Optimistic About Growth, Less Worried About Inflation Redlining Accusations Lead to $9M Enforcement Action for Lender 24 Companies Seeking Collection Talent WORTH NOTING: It’s an uncomfortable topic, but most of us will have to deal with it: How to prepare for the death of your parents … Tips to make the inside of your house look more expensive … You can have a say in choosing the next Tic Tac flavor ̷
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Judge Denies MJOP in FDCPA Class Action Over ‘Junk’ Fees More Economists Optimistic About Growth, Less Worried About Inflation Redlining Accusations Lead to $9M Enforcement Action for Lender 24 Companies Seeking Collection Talent WORTH NOTING: It’s an uncomfortable topic, but most of us will have to deal with it: How to prepare for the death of your parents … Tips to make the inside of your house look more expensive … You can have a say in choosing the next Tic Tac flavor ̷
NEW YORK, Oct 28 (Reuters) – The Treasury Department may offer fresh guidance on expected increases in its 2025 debt auctions when it announces its updated refunding plans this week, though uncertainty over the Nov. 5 U.S. elections likely means any details will be minimal. The U.S. government will issue overall borrowing estimates for the coming two quarters on Monday and provide more details on its auction sizes for the next quarter on Wednesday morning.
During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant to be a service to aggregate industry job opportunities into one convenient location.
A new survey of economists conducted by The Wall Street Journal shows increasing optimism about the U.S. economy, forecasting steady growth and a gradually cooling labor market. Nearly three-quarters of the economists that participated in the survey believe that a Trump win in November will likely lead to higher inflation, up from just over 50% in July.
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