Troutman Sanders

FEBRUARY 2, 2023

In general, CMS relies upon patient diagnosis codes submitted by the MAOs to determine the risk adjustment factor it applies. It also will result in increased attention by MAOs to the methodologies by which they submit medical diagnoses to CMS for purposes of calculating their risk-adjustment payments. However, CMS and the U.S.

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Government 52

Collection Industry News

JULY 20, 2020

According to a news release from Mayor Lori Lightfoot’s office , the suspension also included a delay on referrals to collection agencies for certain consumer accounts, including utility bills. Follow ACA International on Twitter @ACAIntl and @acacollector , Facebook and request to join our LinkedIn group for news and event updates.

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FFGN COLLECT NY

APRIL 30, 2021

Court staff returning to work is great news for creditors who filed or will file New York Civil Court debt collection actions in New York City’s lower courts. Although electronic filing is available in many of New York’s 52 Supreme Courts, electronic filing is not available in New York City’s Civil Court System.

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FFGN COLLECT NY

JANUARY 7, 2024

New York State has made it even easier for parties involved in a New York debt collection case to pursue their claims. Effective January 1, 2024, New York State will no longer require an affidavit to support NY debt collection cases. The definition of a sworn statement was a signed and notarized affidavit.

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Collection Industry News

SEPTEMBER 25, 2023

Instead, it almost looks like the CFPB invited these consumer advocacy groups to submit the Petition. There are storm clouds hanging over the Bureau and this is NOT the time for it to launch a new rulemaking (particularly a major one involving arbitration) which is likely to be very contentious and controversial as this one will be.

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Collection Industry News

NOVEMBER 6, 2020

The suspension applies to medical and student debt that has been specifically referred to the Office of the Attorney General (OAG) for collection, according to a news release from the OAG . 3, according to a news release from the governor’s office. The OAG will assess the needs of consumers and may issue an extension beyond Dec.

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Collection Industry News

JULY 25, 2022

His TV success was not repeated in his business venture according to documents submitted with Companies House. The news came after Danny revealed he had to leave Emmerdale due to his struggles with depression and anxiety. The post TV stars company collapses due to unpaid debts appeared first on Collection Industry News.

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Collection Industry News

SEPTEMBER 28, 2021

The CFPB also reported that census tracts with the highest share of white, non-Hispanic consumers submit complaints about loan originations at more than twice the rate as the census tracts with the highest share of Black or African American consumers.

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Collection Industry News

OCTOBER 11, 2021

The 2022 FIG is a compendium of resources to help annual filers of HMDA data that they collect in 2022 and submit to the CFPB in 2023. The post CFPB Publishes Updated Filing Instructions Guide for 2022 HMDA Data appeared first on Collection Industry News. The FIG breaks down the expectations for files, data, and edits to the data.

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Collection Industry News

SEPTEMBER 19, 2022

Members of the public can submit comments to the regulator on these proposed laws until October 28, 2022. The post California Regulator Proposes Changes to Student Loan Servicing Laws appeared first on Collection Industry News.

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Student loans Student Loans Loans Education 40

Collection Industry News

FEBRUARY 28, 2023

The AG sent out noncompliance letters targeting (a) mobile applications that either do not honor consumer opt-out requests or do not provide the appropriate mechanisms for consumers to stop the sale or sharing of their data, and (b) businesses that fail to process consumer requests submitted via an authorized agent.

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CSA

FEBRUARY 5, 2021

through which its members could submit applications to ?share? After gathering and submitting a raft of interest and submissions from members, CSA has now had its gateway application accepted and can move forward with supporting them in implementing the programme in their organisations. The news comes just ahead of CSA?

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Education Trade Financial services Government 40

Collection Industry News

NOVEMBER 23, 2021

The post NY Extends State CRA to Non-Depository Mortgage Lenders appeared first on Collection Industry News. The state legislature has now amended the NYCRA to create a similar obligation with respect to non-depository mortgage lenders (who are not covered by the federal Community Reinvestment Act).

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Lender Financial services Banks Collections 40

Collection Industry News

DECEMBER 14, 2021

Third party debt collectors must submit supporting affidavits from the original creditor and any prior assignors, with a witness to verify the debt’s chain of title. The post New York Significantly Changes Debt Collection Lawsuits appeared first on Collection Industry News.

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Collection Industry News

SEPTEMBER 7, 2021

The comments received will be submitted to OMB as part of the CFPB’s overall submission. The post CFPB Requests Comments on Plans to Study Electronic Disclosure on Mobile Devices appeared first on Collection Industry News. Comments are due by September 10, 2021.

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Burr Forman

AUGUST 25, 2021

Under Rule 3110, FINRA member firms are required to submit to on-site inspections of their offices, which created obvious obstacles during the pandemic, and industry trade groups are lobbying for the allowance for remote inspections to be extended. Ignites is the preeminent source for news about the mutual fund industry.

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Trade 40

Collection Industry News

APRIL 10, 2023

It’s easy to submit a comment. We’re conducting a broader review of credit card industry practices and thousands of people have submitted input. The post As outstanding credit card debt hits new high, the CFPB is focusing on ways to increase competition and reduce costs appeared first on Collection Industry News.

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Collection Industry News

DECEMBER 14, 2021

the inquiry into the technology companies must be submitted by. The post CFPB Reopens Comment Period For Inquiry Into Big Tech Payment Platforms appeared first on Collection Industry News. The CFPB r eopened the comment period for an inquiry into. how Amazon, Apple, Facebook, Google, PayPal and Square use personal.

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Collection Industry News

JANUARY 10, 2022

For consumers, inaccuracies on credit reports drive up the cost of credit and severely limit opportunities, such as starting a small business or buying a new home. However, consumers can authorize third-party representatives to submit complaints on their behalf.

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Collection Industry News

NOVEMBER 6, 2020

Follow ACA International on Twitter @ACAIntl and @acacollector , Facebook and request to join our LinkedIn group for news and event updates. ACA International members are welcome to submit news items for possible publication to comm@acainternational.org. The post Washington Collection Agency Licensing Board Sets Nov.

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Collection Agencies Collections Agency Collections Education 40

Collection Industry News

JUNE 28, 2022

Comments may be submitted electronically to: regulations@dfpi.ca.gov with a copy to Samuel Park, Senior Counsel, at Samuel.Park@dfpi.ca.gov. The post DFPI Proposes Rules For Commercial Financial Products And Services appeared first on Collection Industry News. The comment period ends August 8, 2022.

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Collection Industry News

OCTOBER 10, 2022

Despite the clear implication that the Policies were being eliminated at that time, a CFPB spokesperson indicated that the CFPB had not yet rescinded the Policies and was continuing to take new applications and processing previously submitted applications under the Policies.

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Collection Industry News

DECEMBER 14, 2021

The bureau said that in June 2022, it expects to submit a notice of proposed rulemaking on amendments to the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 regarding automated valuation models. The post CFPB Updates Rulemaking Agenda appeared first on Collection Industry News.

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Financial Institution Banks Collections Government 40

Collection Industry News

MAY 18, 2021

In response, the CRA submitted an automated consumer data verification (ACDV) form to the consumer’s mortgage servicer, who then confirmed the delinquency to the CRA. The post 11th Circuit Vacates FCRA Summary Judgment For Credit Reporting Agency appeared first on Collection Industry News.

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Collection Industry News

OCTOBER 19, 2020

h), provides guidance on how a business’s methods for submitting requests to opt-out should be easy and require minimal steps. The current regulations provide that when a consumer submits a request through an authorized agent, the business may require that the consumer “[p]rovide the authorized agent signed permission to do so.”

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Collection Industry News

SEPTEMBER 7, 2021

There is a 90-day period in which stakeholders can submit comments to the CFPB regarding the proposed rule. In particular, the Bureau is proposing to add a new Subpart B to Regulation B that will implement 1071’s requirements. The post CFPB Issues NPRM on Dodd-Frank 1071 appeared first on Collection Industry News.

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Financial services Lender Creditors Loans 52

Collection Industry News

MAY 3, 2021

The report described the work the CFPB has done in connection with Section 1071 of the Dodd-Frank Act, which requires financial institutions to compile, maintain, and submit data for credit for women-owned, minority-owned, and small businesses. The post CFPB Releases 2020 Fair Lending Report appeared first on Collection Industry News.

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Student loans Student Loans Financial Institution Loans 40

Better Credit Blog

AUGUST 21, 2020

Don’t submit too many applications. A credit score of 620 will limit your funding options, and every application you submit will likely result in a hard inquiry that can drop your score even further. Apply for new lines of credit wisely and research the lender’s credit requirements before applying.

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Personal loans Loans Lender Debt Consolidation 59

Collection Industry News

MARCH 23, 2021

CFPB submits 2020 report to Congress on the administration of the Fair Debt Collection Practices Act. The post CFPB Submits 2020 Report To Congress On The FDCPA appeared first on Collection Industry News. Source: site. Report highlights commitment to protect consumers during the COVID-19 Pandemic. Office of Communications.

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Fair Debt Collection Education Student loans Student Loans 40

Burr Forman

NOVEMBER 17, 2021

The law is intended to provide safeguards to employees who refuse an employer-required COVID-19 vaccine, as long as that individual submits a completed exemption form to the employer. Interaction of HIPAA and Employer Vaccine Mandates, Birmingham Medical News – November 2021. Click here to read the news. Read the article here.

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Collection Industry News

SEPTEMBER 14, 2021

The rule was proposed on September 1 , and the public has 90 days to submit comments on it. Once a new regulation is in place, the CFPB provides support and resources to assist stakeholders in understanding and following the rule.

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Loans Financial Institution Lender Government 40

Collection Industry News

MARCH 8, 2021

“The surge in complaints is a signal of the strain the pandemic put on consumers, and of the minefield of tricks and traps they face in the financial marketplace,” Gideon Weissman, Frontier Group analyst and report co-author, stated in a news release about the study, which showed 2020 eclipsed the previous complaint record set in 2019.

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Education Collections Government 40

Collection Industry News

JANUARY 17, 2022

Strikingly, consumers submitted more than 700,000 complaints about the NCRAs. The post CFPB Issues Annual Report Analyzing Responses of Nationwide Consumer Reporting Agencies to Increased Number of Consumer Complaints appeared first on Collection Industry News.

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Collection Industry News

MAY 3, 2022

This week, they submitted a borrower defense application seeking relief for student loan borrowers of ECA due to “alleged misrepresentations to students regarding its accreditation status, its efforts to obtain a new accreditation, and its broken promises to students, including its promise of lifetime career counseling.”.

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Student loans Student Loans Education Loans 40

Collection Industry News

SEPTEMBER 23, 2020

As the leading voice of the ARM industry, ACA International submitted more than 150 pages of comments Sept. The post Debt Collection Industry Asks CFPB for Clarity in Updated FDCPA Rule appeared first on Collection Industry News. WASHINGTON , Sept. ACA’s comments are available on its website at www.acainternational.org ).

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Fair Debt Collection Collections Accounts Receivables Management Creditors 40

CSA

MAY 18, 2021

Nominations from all CSA member and entries can be submitted via the UKCCC website up until the deadline on 12 July. Chris Leslie, the Chief Executive of the CSA hopes that these new awards will give employers the perfect opportunity to celebrate their people: ? Back to news. CSA Awards. UKCCC website.

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Collection Industry News

OCTOBER 18, 2021

Additionally, AAG must submit a compliance plan to the CFPB and include links to specific CFPB materials about reverse mortgages in its direct mail solicitations and in welcome communications to borrowers with newly-originated reverse mortgages.

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