In the Bureau’s Fall 2022 report, some mortgage servicers were cited for violations of federal law by charging sizable phone payment fees and for charging consumers fees while they were in CARES Act forbearances.
Read More »LL 100 Issues White Paper on Fair Debt Collection Practices Act
Members of LL 100’s Special Initiative Working Group examine the CFPB’s amendments to Regulation F of the Fair Debt Collection Practices Act and their implications on the mortgage servicing industry.
Read More »The Week Ahead: Exploring Repercussions of Nonjudicial Foreclosure
A webinar explores the potential outcomes of the Dennis Obduskey v. McCarthy & Holthus case and its impact on both the mortgage industry and legal professionals. Here’s what else is happening in The Week Ahead.
Read More »House Bill Could Exclude Attorneys from FDCPA
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 ...
Read More »Defining Debt Collectors
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 ...
Read More »Counsel’s Corner: Changes to the FDCPA Landscape
Lauren Thurmond, partner with Hutchens Law Firm, spoke with DS News about a recent appeals court ruling on a case involving the Fair Debt Collection Practices Act.
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