Home / Daily Digest / Daily Digest – May 17. Getting to Know Matt Kiefer of The Preferred Group of Tampa; Chase Reaches $2.25M TCPA Settlement Over Alleged Missed Revocations

Daily Digest – May 17. Getting to Know Matt Kiefer of The Preferred Group of Tampa; Chase Reaches $2.25M TCPA Settlement Over Alleged Missed Revocations

The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.

 

GETTING TO KNOW MATT KIEFER OF THE PREFERRED GROUP OF TAMPA

  • Unless you were born into the ARM industry, not many people have aspirations of growing up to work in collections. But it’s satisfying to see someone who clearly never pictured himself working in collections become so ensconced in the industry and grow to embody all of what makes the people in this industry so great — the capacity to help, the interest in learning, and the desire to help. Read on to learn more about Matt Kiefer and why he prefers hops and barley to grapes.

 

CHASE REACHED $2.25M TCPA CLASS-ACTION SETTLEMENT OVER ALLEGED MISSED REVOCATIONS

  • JPMorgan Chase has reached a preliminary agreement for $2.25 million to settle a class-action lawsuit filed against it by a number of individuals who allege the bank violated the Telephone Consumer Protection Act when continuing to contact individuals attempting to collect on unpaid mortgages and home equity loans after those individuals had orally revoked consent to be contacted.

 

JUDGE GRANTS SUMMARY JUDGMENT IN CASE AFTER PLAINTIFF TRIED TO USE PREVIOUS SETTLEMENTS AS PROOF OF VIOLATIONS

  • A federal judge in Florida has granted summary judgment in favor of a defendant after it was alleged by a plaintiff that the defendant violated the Fair Credit Report Act, the Telephone Consumer Protection Act, and the Florida Consumer Collection Practices Act. Other than it being an apparent victory over a plaintiff who was clearly grasping at straws in filing the lawsuit, the summary judgment also included an interesting warning for anyone seeking to use previous settlements as evidence of alleged illegal activity by a defendant.

 

NEW CFPB SEAL HEAVILY INFLUENCED BY CORDRAY, WITH SLIGHT ALTERATIONS FROM MULVANEY

  • It turns out that former director Richard Cordray played a large role in the creation of the new seal being used by the Bureau of Consumer Financial Protection. Cordray started on the seal well before he resigned in November, and the seal that was developed — but never released — is remarkably similar to the seal that was finalized and released after Mulvaney took over.

 

NEW FTC CONSUMER PROTECTION HEAD NOT LIKED BY DEMOCRATS

  • Joseph Simons, the new chairman of the Federal Trade Commission, has started filling out his roster of senior staffers. Among the hires announced yesterday by Simons was Andrew Smith, an industry lawyer who has been tapped to lead the FTC’s Bureau of Consumer Protection. Most recently, Smith was a partner at the law firm of Covington & Burling. He is also chairman of the American Bar Association’s Consumer Financial Services Committee.

 

WORTH NOTING: This would have never happened to six adult squirrels is all I’m saying … My wife played this for me yesterday and I’m not going to tell you what I heard … What happened to just needing a nail to hang your clothes on? … Something I need to do better at as I sit at my kitchen table and type this … An interesting lesson from the CEO of LinkedIn … Southwest is lowering fares to help win back customers following an incident last month … Using your phone after 10pm could be the reason you’re unhappy, according to new research. That is, of course, unless you’re reading this or something else from me … Cleaning products you can use to keep your car looking good. Feel free to wash mine when you’re done with yours … A Florida man died when his vape pen exploded … What $300,000 will buy you across the U.S. … Why you need to set concrete goals.

Could there be life on Venus?

How to overcome self doubt

The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.

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