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Daily Digest – August 14. Dems Take Big Swing at Investigating Student Loan Servicers; New PRA Call Center to be Smaller Than Originally Planned

DEMS TAKE BIG SWING AT INVESTIGATING STUDENT LOAN SERVICERS, DEPT. OF EDUCATION, CFPB The three Democrats in charge of the House Financial Services Committee, the House Education and Labor Committee, and the House Oversight and Reform Committee threw down the student loan gauntlet yesterday, firing off letters to regulators and …

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Daily Digest – August 13. Appeals Court Upholds Ruling that QR Code on Envelope Violates FDCPA; CFPB Reaches $60M Settlement Over For-Profit’s Schools Student Lending Practices

APPEALS COURT UPHOLDS LOWER COURT RULING THAT QR CODE ON ENVELOPE VIOLATES FDCPA Less than two months after hearing arguments on the case, a panel of judges from the Third Circuit Court of Appeals yesterday unanimously affirmed a summary judgment ruling in favor of a plaintiff who sued a collection …

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Daily Digest – August 7. Debt-Buying Giant Files More Comments, Focusing on Validation Notice; WaPo Goes Deep on Time-Barred Debts

DEBT BUYING GIANT FILES MORE COMMENTS ABOUT PROPOSED RULE, FOCUSING ON VALIDATION NOTICE A new series of comments have been filed about the Consumer Financial Protection Bureau’s proposed debt collection rule from individuals in the credit and collection industry, this time focusing on the proposed model validation notice. JUDGE DENIES …

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Daily Digest – August 6. Judge Grants MTD in FDCPA Case Over Letter Sent to Attorney; Bipartisan Bill Gives Carriers More Power to Block Calls

JUDGE GRANTS MTD IN FDCPA CASE OVER LETTER SENT TO ATTORNEY A District Court judge in California has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act by sending a collection letter to the plaintiff through her attorney, which included …

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Daily Digest – August 5. Judge Partially Grants MTD in FDCPA Case Over Interest & Fees Disclosure in Letter; Mulvaney Reveals How Gov’t is Getting Employees to Quit

JUDGE PARTIALLY GRANTS MTD IN FDCPA CASE OVER INTEREST & FEES DISCLOSURE IN LETTER In what may be the most closely parsed sentence in any collection letter ever, a District Court judge in New York has partially granted and partially denied a defendant’s motion to dismiss after it was sued …

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