CFPB, NY AG File Suit Against Debt Collection, Debt Buying Firms
The Consumer Financial Protection Bureau and the Attorney General of New York…
FTC Wins Summary Judgment; Defendants Banned From Industry and Fined $11 Million
A final order has been issued by a District Court judge and…
CFPB Director Cordray Talks About Debt Collection Rulemaking Process, But Shares Few New Details
In prepared remarks today before a meeting of the Consumer Financial Protection…
Right Now, 3 Regulatory Questions Are on Every Savvy Receivables Leader’s Mind
This content was written by Rozanne Andersen, Chief Compliance Officer at Ontario Systems…
Law Professors Publish Paper on CFPB Proposal; Share Insights Into How Agencies Should Comply
A pair of professors from Southern University Law Center in Baton Rouge,…
Law Professor Looks at Bright Side of Court Ruling For CFPB
In all the talk about the ways in which the Consumer Financial…
CFPB Ruling Is Good News For Congress, Collection Industry, and More
Today’s news that the Consumer Financial Protection Bureau has overstepped its boundaries,…
Supreme Court To Hear Arguments on Collecting Time-Barred Debts
The U.S. Supreme Court has agreed to hear arguments in a debt…
CFPB Penalizes Navy FCU $28.5M For Illegal Debt Collection Activities
Navy Federal Credit Union will pay $28.5 million in restitution and fines…
Appeals Court Rules CFPB Leadership Structure Unconstitutional, Also Says Agency Failed To Follow Due Process
The U.S. Court of Appeals for the District of Columbia issued a…