Daily Digest – August 3. Industry Trailblazer: Mnet Financial; Appeals Court Rules Naming Servicer Instead of Creditor Does Not Rise to FDCPA Violation

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.

 

INDUSTRY TRAILBLAZER: MNET FINANCIAL

• Mnet Financial understands that the healthcare industry is evolving as never before. Patients are faced with higher healthcare costs and the burden is causing more stress on their personal financial situation. That means collection agencies must evolve as well. Read on to learn more about how Mnet is embracing that evolution and becoming a trusted partner for its’ clients.

 

APPEALS COURT RULES NAMING SERVICER INSTEAD OF CREDITOR ON FORECLOSURE DOCS DOES NOT RISE TO FDCPA VIOLATION

• The Court of Appeals for the Second Circuit has upheld a lower court’s ruling dismissing a class-action case in which the plaintiff alleged that a mortgage servicer and its law firm violated the Fair Debt Collection Practices Act by incorrectly naming the creditor on notifications filed with the court related to foreclosure proceedings.

 

STATE SUPREME COURT TO RULE ON HOW UNIVERSITIES CAN COLLECT

• Is the state of Kentucky — really any state, for that matter — violating due process by employing a state-run collection operation that can garnish wages and impose liens without a court order, a step required by regular collection agencies?

 

MARYLAND APPEALS COURT ADDRESSED DEBT COLLECTION LICENSING REQUIREMENTS

• A Court of Appeals in Maryland has overturned a lower court’s ruling that trusts and investors involved in mortgages do not need a collection agency license in the state in order to operate.

 

IQOR NAMES GARY PRAZNIK AS PRESIDENT AND CEO

• iQor, a managed services provider of customer engagement and technology-enabled BPO solutions, today announced that Gary Praznik will become chief executive officer of the company, effective immediately.

 

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The Surface Go is getting a lot of positive reviews

I give you the latest Internet trend: dogs eating watermelon

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.