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CFPB Settles With Org. Servicing ITT Tech Loans

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An organization that was collecting and servicing student loans for a bankrupt for-profit university will forgive $168 million in loans and ask credit bureaus to delete tradelines relative to the debts under a settlement that has been reached with the Consumer Financial Protection Bureau. Student CU Connect CUSO, LLC was …

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Bill Introduced in Senate That Would Criminalize Robocalls

Yet another Senator is planning on introducing yet another bill aimed at eliminating robocalls, according to a published report. This time, it’s Sen. Catherine Cortez Masto [D-Nev.], who plans to introduce legislation that would criminalize robocalls. Sen. Cortez Masto is joined by Sen. Charles Schumer [D-N.Y.], Sen. Amy Klobuchar [D-Minn.], …

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Compliance Digest – June 14

Every week, AccountsRecovery.net brings you the most important news in the industry. But, with compliance-related articles, context is king. That’s why the brightest and most knowledgable compliance experts are sought to offer their perspectives and insights into the most important news of the day. Read on to hear what the …

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