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General News

CFPB Announces Promotions, New Hires

The Consumer Financial Protection Bureau on Friday announced two promotions and three new hires, mostly in the communications and external affairs departments. Laura Fiene, who has been with the CFPB since it opened in 2011 was promoted to West Region Director. Fiene has spent the past 31 years regulating financial …

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AccountsRecovery.net Launches Digital Communication Survey

Digital communication tools, such as text messaging, emails, and direct drop voicemails have become far more popular in recent years as collection agencies expand beyond phone calls and letters in attempts to reach individuals who are becoming less accessible. But there is still some uncertainty about the compliance risks, costs, …

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CFPB Announces Annual Increase in Civil Money Penalty Fines


The Consumer Financial Protection Bureau has announced its annual increase in the size of civil money penalties it is allowed to assess for violations of certain federal statutes. Similar to 2018, fines for violations of the Consumer Financial Protection Act, the Truth in Lending Act, the Real Estate Settlement Procedures …

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DebtTrader.com supports RMAI’s 22nd Annual Conference with Silver Sponsorship

January 15, 2019 (Sacramento, CA) – DebtTrader.com has once again demonstrated their ongoing commitment to the Receivables Industry through silver sponsor of the Receivables Management Association International (RMAI) Annual Conference, occurring February 5–7, 2019. The conference brings together key participants in the receivables management industry, including debt buying companies, collection …

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