Thu.Apr 25, 2024

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Appeals Court Affirms Ruling in FCRA Case Over Dispute Investigation

Account Recovery

If two consumers dispute a debt and the furnisher submits corrections to how the debt is being furnished, how can the consumers claim the investigation that was conducted was unreasonable? They can’t, the Court of Appeals for the Ninth Circuit has ruled, affirming a lower court’s ruling.

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Loan Origination Definition, Process, Examples

Qualco

NPL Management: A 5-Step Roadmap to Strategic Success is the latest e-Guide to be published by Qualco UK. You can view it here. In today's regulatory environment, when it comes to collecting overdue accounts, the clear, overarching message is that the customer must be treated fairly and ethically. However, in a small number of credit businesses, the right strategies for systems and people have not been set.

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Daily Digest – April 25. Getting to Know Jessica Kagansky of Crown Asset Management; Appeals Court Affirms Ruling in FCRA Case Over Dispute Investigation

Account Recovery

Getting to Know Jessica Kagansky of Crown Asset Management Appeals Court Affirms Ruling in FCRA Case Over Dispute Investigation CFPB Publishes Supervisory Highlights on Mortgage Servicer Issues DFPI Fines Student Loan Servicer for Delivering Report 17 Days Late State Collection Service Achieves HITRUST Risk-Based, 2-year Certification WORTH NOTING: Animals get stressed during eclipses, it turns […]

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April 2024 – The Power of Positivity

Jimerson Firm

Featured in the April 2024 Issue: Partner’s Perspective: Stepping Out of Your Comfort Zone in the Workplace “In our fast-paced world, filled with ambitious goals and grand aspirations, it is easy to overlook the significance of small victories. However, there is a profound impact that celebrating small wins can have on our overall sense of positivity and well-being. “ Blog Highlights Curiosities, Ruminations and Various Eccentricities of Firm Biz READ NEWSLETTER The post April 2024 &

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How Collection Agencies Minimize Effort and Maximize Results with the Right Software

Navigating collections in the dynamic financial landscape presents multifaceted challenges. Organizations face pressures to maintain standards alongside software challenges like regulatory adaptations, data integration, security, workflow optimization, and automation. Finding the right software can save time and money. BEAM offers a comprehensive solution with specialized modules to streamline debt collection effortlessly.

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DFPI Fines Student Loan Servicer for Delivering Report 17 Days Late

Account Recovery

The California Department of Financial Protection and Innovation announced yesterday it had entered into a consent order with one of the nation’s largest student loan servicing companies after it failed to provide contact information in a timely manner for residents with older student loans who needed to apply by the end of the month for […]

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Getting to Know Jessica Kagansky of Crown Asset Management

Account Recovery

I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support.

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CFPB Publishes Supervisory Highlights on Mortgage Servicer Issues

Account Recovery

The Consumer Financial Protection Bureau yesterday published another breadcrumb in its fight against junk fees, pointing out the illegal fees that are being charged by mortgage servicers in an Supervisory Highlights bulletin.