PREFERRED LAWYER CONFIRMS EN BANC REHEARING PETITION TO BE FILED IN HUNSTEIN CASE
- One of the attorneys representing the defendant in Hunstein v. Preferred Management & Collection Services confirmed yesterday that the defense will file another petition with the Eleventh Circuit Court of Appeals for an en banc rehearing of the case, seeking to vacate a ruling that was issued last week by the original panel of judges.
CFPB ISSUES ADVISORY OPINION RELATED TO ID MATCHING UNDER FCRA
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- The Consumer Financial Protection Bureau yesterday issued an advisory opinion affirming its position that consumer reporting agencies using only the first name and last name of an individual to determine whether a particular piece of information relates to that individual — and not using other information, such as a date of birth, address, or Social Security number — “falls well below the statutory mandate” to assure the accuracy of information under the Fair Credit Reporting Act.
CFPB ENFORCEMENT ACTIVITY INCREASED UNDER NEW REGIME, BUT LESS THAN KRANINGER
- Probably to the surprise of nobody, the number of enforcement actions undertaken by the Consumer Financial Protection Bureau increased during the 2021 fiscal year — according to a published report. What may surprise you, though, is that the increase was not as significant as the increase that occurred in the 2020 fiscal year.
SECURITY CREDIT SERVICES ACQUIRES JORMANDY
- Security Credit Services, (SCS) an Oxford, MS based nationally known and trusted purchaser of both performing and non-performing receivables, announces its acquisition of Jormandy, LLC, based in Norfolk, VA.
WORTH NOTING: How to wake up early, even if you are not a morning person … Now that this year’s World Series is over, it’s time to set the odds for next year … Free cybersecurity training for small businesses may be on the way … The perks that most job seekers are looking for today … Whales eat a lot more than you think … Labor productivity is at its lowest point in 40 years … 12 gallons of milk a week sounds like a lot to me … Members of Generation Z don’t mind taking financial advice from strangers.
Explaining The Great Resignation in one chart
Funny Friday
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