DFPI’s Commercial Financing Disclosure Regulations Approved
June 14, 2022 9:33 pmSACRAMENTO – On June 9, 2022, the California Office of Administrative Law (OAL) approved the Department of Financial Protection and... View Article
Categories for Headline News
CFPB Issues Order To Terminate Upstart No-Action Letter
June 8, 2022 10:30 pmUpstart requested termination of 2020 “no-action letter” to change its underwriting and pricing models JUN 08, 2022 Washington, D.C. –... View Article
FTC Action Results In Ban And Return For Richmond Capital And Owner From Merchant Cash Advance And Debt Collection Industries And Returns More Than $2.7M To Consumers
June 6, 2022 9:59 pmThe Federal Trade Commission’s lawsuit against RCG Advances, LLC and Robert Giardina has led to a court order that permanently... View Article
FTC Chair Lina M. Khan Testifies Before House Appropriations Subcommittee
May 18, 2022 4:43 pmIn testimony before the House Subcommittee on Financial Services and General Government, Federal Trade Commission Chair Lina M. Khan highlighted the... View Article
En Bank Fifth Circuit Rules CFPB Enforcement Action Can Proceed Against All American Check Cashing
May 9, 2022 9:49 pmBy Michael Gordon on May 9, 2022 POSTED IN CFPB, REGULATORY AND ENFORCEMENT The en banc U.S. Court of Appeals... View Article
Average Closing Costs for Purchase Mortgages Increased 13.4% in 2021
April 21, 2022 2:22 pmClosing costs kept pace with rapidly increasing home prices and purchase volumes The Eastern region of the U.S. had the... View Article
Ninth Circuit Concludes LiveVox Not An ATDS
January 26, 2022 11:55 pmIn a post-Facebook sign of the times, the Ninth Circuit has concluded that the LiveVox Platform is not an automatic... View Article
Remaining Defendants Banned From Providing Student Loan Debt Relief Services In Settlements With FTC
January 26, 2022 9:05 pmThe remaining defendants in a deceptive student loan debt relief scheme are permanently banned from providing all student loan debt... View Article
United Holding Group Responds To CFPB FDCPA Lawsuit
January 11, 2022 11:59 pmOn January 10, 2022, the Consumer Financial Protection Bureau (“Bureau” or “CFPB”) filed a complaint alleging Consumer Financial Protection Act... View Article
Collections Industry Increases Hiring And Technology Investments While Preparing For The “Next Normal”
November 14, 2021 10:58 pmChicago, Nov. 15, 2021 – A new report by TransUnion (NYSE: TRU) and Aite-Novarica Group found that the collections industry... View Article
