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Daily Digest – December 10. Judge Denies MTD in FDCPA, TCPA Class Action; Lawmakers Making Waves Over Student Loans

Account Recovery

Judge Denies MTD in FDCPA, TCPA Class Action; Lawmakers Making Waves Over Student Loans appeared first on AccountsRecovery.net.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

This order is effective until modified or vacated and requires licensees to comply with certain measures, including maintaining the safety of personal information and data security and operating under implemented policies and procedures.

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COVID-19 Collections Impact Bulletin: State Responses (December 2020 Update)

Burr Forman

The Department of Business Oversight issued guidance on March 21, 2020 that work from home prohibitions would not be enforced against escrow agents, finance lenders and servicers, student loan servicers, or residential mortgage lenders and servicers, thus allowing collection efforts to continue.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

On July 29, Virginia Attorney General Mark Herring announced that he joined a multistate amicus brief , advocating for the rights of federal student loan borrowers. On July 26, Georgia Attorney General Chris Carr announced Georgia’s top consumer complaints for 2020. For more information, click here.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Senators Elizabeth Warren, Tina Smith, Sherrod Brown, and Edward Markey wrote a letter to President Joe Biden, signed by 60 other lawmakers, requesting that that he extend the pause of federal student loan payments for at least six months or whenever employment returns to pre-pandemic levels. For more information, click here.