Collection Industry News

APRIL 2, 2021

The Consumer Financial Protection Bureau is giving its clearest signal yet that a 2020 regulation easing standards for payday lenders is in jeopardy, despite efforts already in motion by the industry to implement the Trump administration rule. attorney representing payday lenders and past president of the Payday Loan Bar Association. “The

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Troutman Sanders

JULY 25, 2023

Department of Justice, the IRS, and their leadership. On July 19, the Federal Trade Commission (FTC) sought comment on an application from the Entertainment Software Rating Board (ESRB) and others for a new mechanism for obtaining parental consent under the Children’s Online Privacy Protection Act Rule (COPPA).

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Financial services Trade Repossession Lender 52

Troutman Sanders

JUNE 22, 2021

Federal Activities: On June 18, the Federal Housing Administration (FHA) announced updates to its student loan monthly payment calculations to help provide greater access to affordable single-family FHA-insured mortgage financing for creditworthy individuals with student loan debt, which has a disproportionate impact on people of color.

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