Troutman Sanders
AUGUST 1, 2023
On July 27, the Financial Innovation and Technology for the 21st Century Act passed the House Committee on Agriculture. The bill previously passed the House Committee on Financial Services on July 26. Per the report, examiners found multiple instances of unfair or abusive acts or practices by servicers.
Troutman Sanders
MAY 2, 2023
However, due to partisanship in the Senate, Senator Lummis believes her bill is unlikely to pass before the House Financial Service Committee’s bill is introduced. Khan appeared before the House Appropriations Subcommittee on Financial Services and General Government to discuss its FY 2024 budget request and the agency’s ongoing work.
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Troutman Sanders
JUNE 14, 2023
On June 8, the CFPB acted against a medical debt collector for numerous debt collection and credit reporting violations. In at least thousands of cases, the debt collector continued to attempt to collect on a debt that was not substantiated after a consumer disputed the validity of the debt.
Collection Industry News
MAY 18, 2021
Despite objections from CUNA and NAFCU, the House of Representatives passed the Comprehensive Debt Collection Improvement Act on Thursday. 2547 was sponsored by House Financial Services Committee Chairwoman Rep. The bill, H.R. Maxine Waters (D-Calif.), passed the House with a 215-207 vote.
Consumer Financial Services Law
MARCH 15, 2018
1692e(11) because it did not disclose the communication was from a debt collector. Furthermore, you inquired as to should a deficiency balance be realized after the sale of the collateral would Green Tree pursue Mr. & Mrs. Hagy for the amount of the deficiency. LEXIS 3710, 882 F.3d 3d 616 (6 th Cir. The alleged violation?
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