JUDGE DENIES MOTION TO CERTIFY CLASS IN FDCPA SOL SUIT
- A District Court judge in Delaware has denied a motion to certify a class in a lawsuit that alleged a collector violated the Fair Debt Collection Practices Act by falsely representing the legal status of a debt when it sent settlement offers on time-barred debts without disclosing that the statute of limitations had expired.
BREAKING DOWN CHOPRA’S CONFIRMATION HEARING
- If anything, the confirmation hearing held yesterday for Rohit Chopra to be the new director of the Consumer Financial Protection Bureau showed us more about the agendas of the members of the Senate Banking Committee and less about learning the priorities and vision that Chopra has for the agency, should he be confirmed. And would it have killed one of the members of the Senate Banking Committee to ask about the debt collection rule and what Chopra’s plans are for it? I mean, really.
DEBATE OVER N.M. MEDICAL DEBT COLLECTION BILL LEADS TO F-BOMB, VOW OF FILIBUSTER ON STATE SENATE FLOOR
- A verbal altercation broke out on the New Mexico Senate floor yesterday, leading one Senator in favor of a bill aimed at preventing healthcare providers from placing collection accounts or filing lawsuits against certain low-income individuals to drop an F-bomb toward one of his compatriots who is opposing the bill and used a parliamentary procedure to stall process on the proposed legislation.
CFPB REPORT REVEALS 11 MILLION PEOPLE AT RISK OF LOSING HOMES
- The number of individuals who are at least three months behind on their mortgages has increased by 250% in the past year, and 11 million renters and homeowners are at risk of losing their homes to foreclosure or eviction, according to a report issued by the Consumer Financial Protection Bureau this week. Collectively, almost $90 billion in mortgage payments have been missed in the past year and communities of color are disproportionately in trouble, according to the report.
WORTH NOTING: What you need to know about the different variants of COVID-19 running around the country … The strongest housing market in the country belongs to Utah … How to get a Peloton-style workout without needing to take out a second mortgage … Peanut butter cups with no chocolate? … This is both cool and weird at the same time … This is a tragedy, but you have to wonder how 25 people squeezed into that car … The Catholic church is telling people to avoid the Johnson & Johnson vaccine … The declining birth rate is a big problem.
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