General News

CFPB Publishes County-by-County Breakdown of Consumer Complaints


There appears to be a racial component to consumer complaints filed with the Consumer Financial Protection Bureau, according to data released yesterday by the regulator, including complaints related to debt collection. Overall, consumers living in counties with the highest percentage of minority populations submitted four times as many complaints as …

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CFPB Employees’ Union Raises Pay Discrimination Issue

Does the Consumer Financial Protection Bureau have a racism problem? A report issued by the union representing employees at the regulator claims that Black employees are paid, on average, $20,000 less than their white counterparts, according to a published report. The union is calling on Rohit Chopra, who has been …

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Proposal Released to Standardize, Modernize Licensing Process

The Conference of State Bank Supervisors has issued a set of proposed requirements aimed at developing a standardized approach to the state licensing process for nonbank financial regulatory entities. It is seeking comments on the proposal through May 31. The overarching objective of the CSBS’s plan is to modernize the …

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RMAI Honors Outstanding Member and Executive Director

April 14, 2021 (Sacramento, CA) – Against all odds, the Receivables Management Association International held its 2021 Annual Conference in Las Vegas, April 12-25, 2021. With more than 500 in-person attendees and more than 150 virtual attendees, leaders from RMAI capitalized on the event by honoring an outstanding member and RMAI’s …

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Federal Judge Mourned After Tragic Hit-and -Run

A federal judge from New York who ruled on numerous debt collection cases is being mourned after being struck and killed in a hit-and-run accident in Florida last week. Judge Sandra Feuerstein, from the District Court for the Eastern District of New York, was hit while walking on a sidewalk …

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