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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On November 2, the Federal Housing Administration (FHA) announced its publication of updated appraisal requirements for valuation of certain manufactured homes. On November 8, California’s Department of Financial Protection and Innovation (DFPI) announced it was seeking comments on the state’s Debt Collection Licensing Act (DCLA).

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

State Activities: On July 31, the California Privacy Protection Agency’s (CPPA) Enforcement Division announced review of data privacy practices by connected vehicle (CV) manufacturers and related CV technologies. For more information, click here.

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Meet Our 2022 FICO Decisions Awards Judges

Fico Collections

He has successfully used data to solve complex business problems across the credit life cycle including customer engagement, origination journeys, line management and optimisation of collections strategy. Armando has over 15 years of experience in financial services with a specialization in credit products for large lenders.

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Jimerson Birr Ranks Among Fastest Growing Law Firms in the Nation

Jimerson Firm

This is further validation that our collective mission to provide the highest level of legal service encourages a growth mindset not only for our attorneys, but for our entire firm.”. Since its formation in 2009, Jimerson Birr has expanded rapidly, capitalizing on Florida’s diverse economy and the vast talent that lives in the state.

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37% increase of Businesses in critical distress

UK debt collections

Support Services. Manufacturing. Financial Services. Julie Palmer, Partner at Begbies Traynor, said the data on companies in a critical financial distress painted a worrying picture. Sectors with the highest number of critically distressed businesses: Construction. Real Estate. General Retailers. Automotive.

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CFPB Massively Expands Enforcement of Anti-Discrimination Through UDAAP

Troutman Sanders

On March 16, the Consumer Financial Protection Bureau (CFPB or Bureau) unveiled an enormous change to its fair lending philosophy that will have major ramifications for financial services providers of all types. Background. The logical conclusion of the CFPB’s position is that disparate impact applies to everything in society.

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Business Navigation: Taking the Optimal Route to Your Goals

Fico Collections

Take collections as an example. For each customer in collections, we have a range of options we could take each day, from do nothing, through to automated voicemails, SMS, emails or a more formal letter. This type of approach is invaluable in helping formulate business cases for financial or operational change. Debt Recovery.