The Bureau of Consumer Financial Protection (formerly the Consumer Financial Protection Bureau) has released a new Complaint Snapshot, exploring consumer complaints regarding modern debt-collection practices. The Bureau has received approximately 400,500 debt collection complaints since July 2011, amounting to 27 ...
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The House Financial Services Committee recently advanced a bill, H.R. 5082, that could have major implications for the default servicing industry, and most especially the law firms that work within it. The bill amends the definition of “debt collectors” under ...
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Editor's note: This story was originally featured in the January issue of DS News, out now. The United States Supreme Court, in Henson v. Santander Consumer USA Inc., settled a circuit court split and solidified what may turn out to be a ...
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The FCC has released formal recommendations for how recent changes to the Telephone Consumer Protection Act (TCPA) will be implemented—and the mortgage industry should take note.
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