Home / Daily Digest / Daily Digest – May 10. Getting to Know Eric Rosenkoetter of Maurice Wutscher; Student Lending Reorg at CFPB Another Sign of Shifting Priorities

Daily Digest – May 10. Getting to Know Eric Rosenkoetter of Maurice Wutscher; Student Lending Reorg at CFPB Another Sign of Shifting Priorities

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 ERIC ROSENKOETTER OF MAURICE WUTSCHER

  • Sometimes, the best advice comes from TV commercials. And any man who can admit to being moved by a deodorant ad deserves not just our respect, but our admiration as well. I also think we need to call Eric Rosenkoetter out for telling a white lie — his answers are far more fascinating than he thinks. Read on to learn more about Eric and maybe you can help him find his boat.

 

STUDENT LENDING REORG AT CFPB ANOTHER SIGN OF AGENCY’S SHIFTING PRIORITIES

  • The Bureau of Consumer Financial Protection has announced that it is moving its student lending division to the agency’s division that focuses on consumer education and engagement, which is being seen as yet another sign of how acting director Mick Mulvaney is de-emphasizing enforcement and supervision at the regulator.

 

WOMAN FACING 20 YEARS IN PRISON FOR COLLECTION $56k IN FAKE DEBTS

  • A Buffalo-woman who has admitted to running a debt collection scam with her brother is facing 20 years in prison. She is due to be sentenced before a federal judge in August, according to the U.S. Attorney’s Office.

 

ADVOCACY GROUP TIES CFPB COMPLAINTS TO MUVANEY’S DONORS AS AGENCY SEEKS TO MAKE DATABASE PRIVATE

  • An advocacy group is claiming that the plan from Mick Mulvaney, the acting director of the Bureau of Consumer Financial Protection, to no longer publicize the complaints the agency receives from consumers is because most of the companies that have received the most complaints donated Mulvaney when he was a member of Congress.

 

WHITE HOUSE WANTS MULVANEY AT CFPB AS LONG AS POSSIBLE: REPORT

  • The White House is “dragging its feet” and purposefully using partisan bickering in Congress to its advantage as a means of keeping Mick Mulvaney, the acting director of the Bureau of Consumer Financial Protection in power as long as possible, according to a published report.

 

DONALD KRAMER, FOUNDER OF NARCA, PASSES AWAY

  • The leadership and staff note with sadness the passing of Donald B. Kramer, the Founder, first President, and Chairman Emeritus of The National Association of Retail Collection Attorneys (n.k.a. National Creditors Bar Association).

 

WORTH NOTING: The new ambassador to Germany wasted no time in making news … A volcano in Hawaii could be ready to blow … Remember all those times your mother told you to stop slouching? She was on to something … Researchers can now send hidden commands to Siri, Alexa, and Google’s Assistant … There are 6.6 million job openings in the U.S. right now … The number of old people with debt is climbing … Why working out in the evening might be better for you … Rolls Royce debuted a $325,000 SUV called the Cullinan … There are 1,500 satellites in space and some are worried about there not being any stoplights up there … How President Trump is re-shaping the courts … Now thirdhand smoke is a thing.

Watch robots pack grocery orders

How to drive change

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.

Check Also

Daily Digest – July 15. Consumer Groups Seek Two-Month Comment Period Extension; FCC Commissioner Releases Carrier Answers Regarding Robocall Blocking

The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform …

Leave a Reply

Your email address will not be published.

X
Skip to toolbar