FFGN COLLECT NY

MARCH 15, 2022

Chase was one of 13 financial institution censured for robo-signing documents in support of debt collection suits and foreclosure. The banks’ actions harmed many consumers’ credit, and the banks had to pay billions to borrowers. Domesticating a Foreign Sister State Judgment in New York: It’s in the Affidavit.

Collections 98

Collections Judgment Foreclosure Financial Institution 98

Troutman Sanders

FEBRUARY 25, 2022

In December 2021, a federal judge granted a motion for summary judgment in Mitchell v. The court held that because Specialized Loan used the correct designation, its actions were not unreasonable, and it was entitled to summary judgment. This “D” code indicates “no payment history available this month.”.

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Judgment Loans Financial Institution Consumer Credit 52

True Accord

JULY 9, 2024

The biggest win: a long-awaited United States Supreme Court decision came out in May ruling that the CFPB’s funding is constitutional, leaving the Bureau free to uphold its mission of protecting consumers and ensuring that all Americans are treated fairly by banks, lenders and other financial institutions.

Student loans 111

Student loans Student Loans Banks Lender 111

Troutman Sanders

NOVEMBER 2, 2020

It requires federal regulators to exclude PPP loans from asset-size calculations for the purpose of determining capital ratios, deposit insurance premiums, and other asset thresholds at those financial institutions. For more information, click here. For more information, click here. For more information, click here.

Financial services 52

Financial services Financial Institution Loans Credit Unions 52

Troutman Sanders

AUGUST 1, 2023

On July 27, the Senate passed its version of the National Defense Authorization Act (NDAA) bill, which includes a provision that tightens oversight over financial institutions engaged in crypto trading and takes aim at crypto mixers and “anonymity-enhancing” crypto assets. For more information, click here.

Financial services 52

Financial services Financial Institution Debt collector Trade 52

Better Credit Blog

DECEMBER 18, 2020

While you may have applied for a loan from a popular lender or bank, their name isn’t necessarily the one that will appear on your credit report. Instead, banks, lenders, and other financial institutions turn to consumer credit reporting companies like CBCInnovis to vet applicants. Charge offs. Debt in collections.

Lender 52

Lender Loans Foreclosure Financial Institution 52

Troutman Sanders

OCTOBER 16, 2023

On October 11, the CFPB published its analysis regarding the nonsufficient fund (NSF) fee practices of a number of banks and credit unions. NSF fees are distinct from overdraft fees, which financial institutions charge when they pay, rather than decline, a payment when the account lacks sufficient funds.

Financial services 52

Financial services Student loans Student Loans Credit Unions 52