Daily Digest – December 21. Appeals Court Affirms Ruling Remanding FDCPA Class Back to State Court; CFPB Doles Out Largest Fine Ever

APPEALS COURT AFFIRMS RULING REMANDING FDCPA CLASS ACTION BACK TO STATE COURT

  • The Court of Appeals for the Fourth Circuit has upheld a lower court’s ruling that granted a plaintiff’s motion to remand a case back to state court, agreeing with the District Court judge that the defendant showed an intent to defend the case in state court before remanding it to federal court and thus waived its right to have the case moved.
  • More details here.

CFPB DOLES OUT LARGEST FINE EVER IN ACTION AGAINST WELLS FARGO

  • The Consumer Financial Protection Bureau played the role of all three ghosts in “A Christmas Carol” yesterday, attempting to get Wells Fargo to see the error of its ways, but also assessing $3.7 billion in an enforcement action related to “widespread mismanagement” that led to illegally repossessing cars and consumers losing their homes while also charging “surprise” overdraft fees and unlawfully freezing consumer accounts. When people look up the phrase “kit and kaboodle” going forward, this enforcement action might be Exhibit A.
  • More details here.

FCC LAUNCHES PORTAL FOR ENTITIES TO REPORT ROBOCALLS, SPOOFING

  • The Federal Communications Commission announced yesterday that it has opened a portal for private entities to report suspicious robocall, robotext, and spoofing campaigns. The portal is meant for organizations — essentially entities other than consumers and private citizens — to let the FCC know of a problem.
  • More details here.

24 COMPANIES SEEKING COLLECTION TALENT

  • Companies like Midland Credit Management, Coast Professional, ProCollect, Credit Control, and Belvista Software are among those looking to fill vacancies in their collection operations.
  • The job listings are great for those looking for work and are also great tools for companies to use as sources for ideas about what to include in their own job descriptions and to see how other companies write their job ads.
  • More details here.

WORTH NOTING: The best movies and TV shows of 2022, according to NPR … Five things you need to know about your 2023 taxes … Did you know there is a giant bow industry for people who buy cars for others on Christmas? … Three questions to help you fix a toxic workplace … Did you know that Roombas have cameras? … The bottom 90% of workers saw their wages decline in 2021, according to a new report … How much today’s college graduates expect to make when they enter the workforce … What it takes for one Florida woman to throw a computer monitor at an airport gate agent.

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