Fraser

NOVEMBER 23, 2022

The Federal Trade Commission recently extended the deadline , from December 9, 2022, to June 9, 2023, for compliance with the most stringent requirements of its latest rulemaking, revisions to the Safeguards Rule under the Gramm Leach Bliley Act (“the GLBA”). You can reach him at 517.377.0848 or at bburgee@fraserlawfirm.com.

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Credit Counselor Acquisition Lender Trade 80

Troutman Sanders

JUNE 14, 2023

On June 8, the Commodities Futures Trading Commission (CFTC) obtained a default judgment against a decentralized autonomous organization (DAO) Ooki Dao in the U.S. On June 8, the CFPB acted against a medical debt collector for numerous debt collection and credit reporting violations. For more information, click here. According to U.S.

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Financial services Financial Institution Student loans Student Loans 52

Troutman Sanders

FEBRUARY 22, 2021

On February 18, the Department of Veterans Affairs announced that it will extend its moratorium on all benefit and medical copay debt collections through at least September 30, 2021. The sum total in December of all net foreign acquisitions of long-term securities, short-term U.S. For more information, click here.

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Financial services Student loans Student Loans Financial Institution 52

Collection Industry News

JUNE 14, 2021

Jason Nocera anticipated law enforcement authorities might raid his debt collecting business. Here are snapshots of some other cases against debt collectors in Western New York that the State Attorney General’s Office, Federal Trade Commission and other law enforcement agencies have pursued in the past decade: Douglas MacKinnon.

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Debt collector Judgment Acquisition Collections 40

Troutman Sanders

JUNE 1, 2021

Department of Education, announced that the department will reverse a policy put in place during the Trump administration that blocked state and federal regulators from accessing records needed to investigate student loan lenders, servicers, and private collection agencies. For more information, click here. On May 27, U.S.

Financial services 52

Financial services Government Foreclosure Loans 52

Troutman Sanders

SEPTEMBER 21, 2020

Data collected shows that U.S. The sum in July of all net foreign acquisitions of long-term securities, short-term U.S. On September 17, 2020, the Federal Trade Commission (FTC) warned consumers that scammers prey on the kindness of the public during disasters. For more information, click here. Households.

Financial services 52

Financial services Banks Government Acquisition 52

Fico Collections

FEBRUARY 16, 2021

But on the flipside, banks are also obliged to carefully handle collections, recoveries and manage their most financially vulnerable customers – all while under increasing regulatory scrutiny. But those needing to collect from customers will also be facing significant regulatory scrutiny.

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Lender Collections Loans Acquisition 52