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CFPB Publishes Supervisory Highlights on Mortgage Servicer Issues
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. Similar to debt collectors, because consumers have no choice over which company services their mortgages, the CFPB is putting the practice under the microscope to keep consumers from…
Appeals Court Affirms Ruling in FCRA Case Over Dispute Investigation
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. The Background: The plaintiffs submitted a dispute via the Automated Consumer Dispute Verification…
Getting to Know Jessica Kagansky of Crown Asset Management
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. TEC is now extending its services by offering proven, industry-leading technology solutions…
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N.Y. Lawmaker Blasts Hospital Debt Collection Bill
It may seem as though all the momentum is behind those pushing…
Getting to Know
CFPB Publishes Supervisory Highlights on Mortgage Servicer Issues
The Consumer Financial Protection Bureau yesterday published another breadcrumb in its fight…
Appeals Court Affirms Ruling in FCRA Case Over Dispute Investigation
If two consumers dispute a debt and the furnisher submits corrections to…
Getting to Know Jessica Kagansky of Crown Asset Management
I am thrilled to announce that the Getting to Know series will…
Daily Digest – April 24. Judge Remands Collection Lawsuit Back to State Court; FTC Enacts Ban on Noncompete Clauses
Judge Remands Collection Lawsuit Back to State Court FTC Enacts Ban on…
Walmart-Backed Fintech Starts Offering BNPL Services
Want more proof that the Buy Now, Pay Later (BNPL) craze isn't…
FTC Enacts Ban on Noncompete Clauses
The Federal Trade Commission yesterday announced the issuance of a final rule…
David Williams Breaks Down Acquisition of RGS Financial
Having kicked the tires at about a dozen different companies during the past few years in considering acquisition targets, David Williams of Williams & Fudge knew he needed to find the right company to help grow his operation. And, as it turns out, the right target was one he had known for more than a decade. Last month, Williams & Fudge announced it was acquiring RGS Financial. David Williams, the president of Williams & Fudge, sat down with AccountsRecovery.net to discuss the acquisition, why diversification away from student loans was important for the company, and the importance of really getting to know the people involved on the other side of the table when making an acquisition. Watch the video to see everything David had to say.
