ABI

JANUARY 13, 2022

5]. In 2014, the Bureau commenced an action against Consumer First alleging that “while providing mortgage-assistance relief services to more than 6,000 customers across 39 states, Consumer First violated Regulation O,” and was not otherwise exempt because the firm did not provide assistance as a part of practicing law. [6]

Retrieval 40

Retrieval Lender Judgment Lawyers 40

Collection Industry News

JULY 12, 2022

The appeal arose from a lawsuit brought by two Florida homeowners (“Debtors”) against their home loan servicer (“Servicer”) for alleged violations of the FDCPA and Florida’s Consumer Collection Practices Act. After defaulting on their home loan, a foreclosure suit was instituted. to be paid in one year. to be paid in one year.

Debtor 40

Debtor Foreclosure Debt collector Loans 40

Consumer Financial Services Law

FEBRUARY 7, 2017

Under Reg X, loss mitigation option means “ an alternative to foreclosure offered by the owner or assignee of a mortgage loan that is made available through the servicer to the borrower.” 12 CFR 1024.31. The Wrong Way. The CitiFinancial Consent Order alleges that requests for deferments were not treated as requests for loss mitigation.

Loans 40

Loans Foreclosure 40

ABI

JANUARY 20, 2020

9] During that time, Bridgeview sent several drafts of the loan document to be reviewed by Parkland, and requested a closing date of July 31, 2018. [10] 12] On September 27, 2018, Bridgeview sold the Artesian Property to a third party. 12] On September 27, 2018, Bridgeview sold the Artesian Property to a third party. 15] See id.

Debtor 40

Debtor Foreclosure Bankruptcy Legal Rights 40

FDCPA Defense

FEBRUARY 1, 2018

1992) (emphasis added, citation and quotation marks omitted) (personal loan from friend used to start software business not a “debt” under the Act: “The [FDCPA] characterizes debts in terms of end uses. [n]either n]either the lender’s motives nor the fashion in which the loan is memorialized are dispositive of the inquiry”).

Accrued Interest 40

Accrued Interest Foreclosure Debt collector Debtor 40

FDCPA Defense

FEBRUARY 3, 2019

1992) (emphasis added, citation and quotation marks omitted) (personal loan from friend used to start software business not a “debt” under the Act: “Neither the lender's motives nor the fashion in which the loan is memorialized are dispositive of this inquiry.”). Ayesh, 2014 WL 2603890 (D. Litton Loan Serv. System, Inc.,

Foreclosure 40

Foreclosure Debt collector Law Firms Debtor 40

FDCPA Defense

JANUARY 22, 2017

Countrywide Home Loans, Inc., JQD, LLC , 2014 WL 3404945 (N.D. July 11, 2014) (denying motion to dismiss FDCPA class action complaint; defendant sent letters to class seeking to collect late fees and threatening foreclosure allegedly in violation of California law); McCarter v. 23(b)(3); see also Vinole v. 3d 935, 947 (9th Cir.

Collections 40

Collections Judgment Creditors Law Firms 40

Credit Corp

MARCH 20, 2023

Loan or lease fraud 197,914 -3.4% Since 2014, credit card fraud outside the United States has increased by roughly 87%. in billions) 2014 $7.2 Type of identity fraud Cases reported in 2021 Percent change from 2020 Government documents or benefits fraud 395,948 -2.5% Credit card fraud 389,737 -.8% Year Losses inside the U.S. (in

Trade 98

Trade Government Banks Loans 98

Troutman Sanders

OCTOBER 31, 2022

On October 21, the Eighth Circuit temporarily blocked President Joe Biden’s student loan forgiveness program. On October 20, Supreme Court Justice Amy Coney Barrett, who oversees Seventh Circuit emergency matters, rejected an emergency request to stop President Biden’s student loan forgiveness program. For more information, click here.

Financial services 52

Financial services Student loans Student Loans Loans 52