Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter
Troutman Sanders
MARCH 8, 2021
Representative Madeleine Dean reintroduced the Fair Debt Collection Practices for Servicemembers Act. The CFPB proposed to extend the compliance date to assist homeowners struggling with the financial impacts of the COVID-19 pandemic. Homeowners owe an estimated almost $90 billion in missed payments.
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