Troutman Pepper Weekly Consumer Financial Services Newsletter
Troutman Sanders
MAY 2, 2023
The bill additionally leaves room for assets that don’t fit neatly into either category. On April 26, the CFPB issued an advisory opinion, reminding the industry that a debt collector who brings or threatens to bring a foreclosure action to collect a time-barred mortgage debt may violate the Fair Debt Collection Practices Act.
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