Daily Digest – December 1. Judge Dismisses Two Hunstein Cases for Lack of Standing; New Job Listings

JUDGE DISMISSES TWO HUNSTEIN CASES FOR LACK OF STANDING

  • A District Court judge in New York has dismissed two cases — one of them a class action — that alleged the defendants violated the Fair Debt Collection Practices Act by sending private information to a third-party vendor to print and mail collection letters that were received by the plaintiffs, ruling that the information that was transmitted in these cases — names and addresses — was not private and therefore the plaintiffs do not have standing to pursue their cases in federal court.

NEW JOB LISTINGS – DECEMBER 1

  • During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant to be a service to aggregate industry job opportunities into one convenient location. If you are hiring, I encourage you to post your listing on the AccountsRecovery.net jobs board.

CORDRAY ON SHORT LIST TO BE FED’S TOP BANKING REGULATOR

  • Richard Cordray, the former Director of the Consumer Financial Protection Bureau and the current Chief Operating Officer of Federal Student Aid, is being considered for the post of the Federal Reserve’s top banking regulator, according to a number of published reports. Cordray, who was Attorney General of Ohio before joining the CFPB, has the backing of Sen. Sherrod Brown [D-Ohio], the Chairman of the Senate Banking Committee and a fellow Ohioan. Cordray would replace Randal Quarles, whose term as Vice Chairman of Banking Supervision at the Fed ended last month.

CFPB PUBLISHES GUIDE TO HELP CONSUMERS UNDERSTAND REG F

  • Given all the blood, sweat, and tears that went into bringing Regulation F into this world, I would have expected the Consumer Financial Protection Bureau to do something to commemorate the enactment of the debt collection rule yesterday, but it instead chose a more understated approach, opting to take the opportunity to educate consumers about the “five key things” they need to know about the new rule.

WORTH NOTING: Movies to get you in the holiday spirit … A lot of packages are being stolen off porches all across the country … And there is the FedEx driver who was dumping packages into a ditch … The secrets of people who are really productive … Experts weigh in on the impact of Omicron on the economy … If you’re still looking for a gift for me, here is another gift guide … Home prices jumped a lot in September … The generation that is more likely to give bigger tips this year is … Who is still wearing masks the most, and the least.

Riddles to see if you are as sharp as you think

Why blue is so rare in nature

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