Account Recovery
DECEMBER 6, 2021
A District Court judge in Pennsylvania has certified a class in a Fair Debt Collection Practices Act case over a 1692e claim that the manner in which a series of debts were itemized in a collection letter was misleading, disagreeing with the defendant that there is no evidence that other members of the class were … The post Judge Certifies Class in FDCPA Case appeared first on AccountsRecovery.net.
Nerd Wallet
DECEMBER 6, 2021
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Account Recovery
DECEMBER 6, 2021
Arbeit, a Buffalo based leading provider of contact software solutions for the debt collection industry, is thrilled to name Adam Freeland as its first Compliance Manager. “As we build our next generation omnichannel tool, making compliance easy for our clients is a top priority. We are so excited to have Adam joining our team to … The post Arbeit Hires First Compliance Manager appeared first on AccountsRecovery.net.
Jimerson Firm
DECEMBER 6, 2021
As a real estate attorney, I am often approached with the question of whether it’s necessary to hire an attorney when purchasing a new home. After all, there is no requirement in the state of Florida that a homebuyer needs to be represented by counsel. Plus, there are several other professionals involved in the home buying process—the realtor, the home inspector, the loan officer and the appraiser (if financing is being sought)—that should be looking out for a buyer’s best interests.
Speaker: Erika R. Bales, Esq.
When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.
Account Recovery
DECEMBER 6, 2021
A District Court judge in Louisiana has denied a defendant’s motion to dismiss and denied a motion for summary judgment was premature in a Fair Debt Collection Practices Act case over an alleged disputed debt that the defendant claims it did not receive notification for. A copy of the ruling in the case of McCarthy … The post Judge Denies MTD in FDCPA Case Over Disputed Debt appeared first on AccountsRecovery.net.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
DECEMBER 6, 2021
JUDGE CERTIFIES CLASS IN FDCPA CASE A District Court judge in Pennsylvania has certified a class in a Fair Debt Collection Practices Act case over a 1692e claim that the manner in which a series of debts were itemized in a collection letter was misleading, disagreeing with the defendant that there is no evidence that … The post Daily Digest – December 6.
Consumer Finance
DECEMBER 6, 2021
In the years leading up to the subprime crisis, one opaque and easily manipulable index, LIBOR, came to dominate adjustable rate home mortgage loan contracts. In the wake of the crisis, we learned that large international banks had conspired to set the LIBOR rate in order to conceal weaknesses in the financial system and to boost their bottom line.
Account Recovery
DECEMBER 6, 2021
I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.
Nerd Wallet
DECEMBER 6, 2021
More than 1 million people in Maryland are signed up for Medicare, placing it in the top half of U.S. states for Medicare beneficiaries. Medicare is the government health care program for people age 65 and older. Medicare Advantage is a bundled alternative to Medicare that offers all the same benefits and usually some extras, Kate Ashford writes for NerdWallet.
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Account Recovery
DECEMBER 6, 2021
Starting up and running company is hard enough. But for Jack Gordon, that’s just a starting point. Jack is mostly known for running WebRecon, a litigious debtor scrub that has become an important risk management product for companies in the accounts receivable and contact center industries. But Jack also runs FDCPA Certifications, a training and … The post Q&A With Jack Gordon appeared first on AccountsRecovery.net.
Nerd Wallet
DECEMBER 6, 2021
Huckleberry is an insurance broker that partners with licensed insurance carriers. You can get a quote for various types of small business insurance coverage in just a few minutes through Huckleberry’s website. And if the quoted products are a good fit, you can purchase those policies online through Huckleberry’s insurance partners right away. Here’s what.
Account Recovery
DECEMBER 6, 2021
Doug Peterson, the Attorney General of Nebraska, has announced the creation of a Consumer Affairs Response Team (CART) as a means of protecting residents of the state from frauds, scams, and deceptive business practices. CART will accept complaints from consumers on a variety of topics, but consumers are being asked to make a “good-faith effort” … The post Nebraska AG Launches Consumer Protection Unit appeared first on AccountsRecovery.net.
Consumer Finance
DECEMBER 6, 2021
The Consumer Financial Protection Bureau (CFPB) today finalized a rule facilitating the transition away from the LIBOR interest rate index for consumer financial products. The rule establishes requirements for how creditors must select replacement indices for existing LIBOR-linked consumer loans after April 1, 2022.
Speaker: William Hord, Senior VP of Risk & Professional Services
Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?
Account Recovery
DECEMBER 6, 2021
Sarasota, FL., December 6, 2021 — Oliphant United LLC (“Oliphant”), a leading debt buyer accounts receivables management (“ARM”) organization for the debt industry has announced the sale of controlling equity interest to Skypeak Fund I (“Skypeak”) and International Capital Access Group (“ICAG”) for an undisclosed sum. Oliphant has a long and successful heritage in the … The post Oliphant United Announces New Ownership appeared first on AccountsRecovery.net.
Nerd Wallet
DECEMBER 6, 2021
The Platinum Card® from American Express is one of the top premium travel cards available. It comes with travel credits, hotel elite status, access to an impressive lounge collection, travel protections and other luxury perks. Terms apply. Here are some things you should understand before applying for The Platinum Card® from American Express. What to know.
Burr Forman
DECEMBER 6, 2021
As the competition for excellent legal talent continues to reach a fever pitch, Howard Bogard spoke with ALM’s Daily Report for a December 6, 2021 story about how firms are approaching the talent market for health care attorneys as the health care industry continues to navigate the business and real-life challenges of the pandemic. “The virus is weighing on top of all decisions that health care providers are making at this point,” Bogard said, adding that providers have to view their one-, three
Nerd Wallet
DECEMBER 6, 2021
If you have a big trip planned in the U.S. or abroad, chances are you’ve considered travel insurance. However, many find the concept a bit confusing. For example, does travel insurance cover medical expenses? If so, how does it work? Is there a difference between the insurance offered with your travel credit card versus a. Alisha McDarris writes for NerdWallet.
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Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.
On Guard
DECEMBER 6, 2021
Blockchain has been on finance professionals’ radar for some years now. Back in 2018 , Visma | Onguard discussed how blockchain was starting to revolutionise the financial world, but analysis noted that a general lack of understanding around the potential applications had led to low uptake of the technology so far. Many organisations even discredited blockchain adoption as a passing fad that would fade within a few years.
Nerd Wallet
DECEMBER 6, 2021
Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion about why you should scrutinize your bills. Then we pivot to this week’s money question from a listener’s voicemail. Here it is: “Hi, guys. Thank you for doing the podcast. I really appreciate it. I. Liz Weston writes for NerdWallet.
On Guard
DECEMBER 6, 2021
Systematically looking for growth opportunities and growing your business in a data-driven way: in a nutshell, that’s what growth hacking is all about. Especially for fast growing start-ups, growth hacking can be a good method to find out what drives customers, how you can optimise the customer journey and stimulate growth. . How satisfied are your customers?
Fico Collections
DECEMBER 6, 2021
Customer-centric collections isn’t a new idea, but in the current environment it has moved from a blue-sky idea to a critical initiative for many lenders. In a presentation last month at the Collections and Vulnerability Conference , I explored this topic. Customer-centric collections is not the same as customer-level collections or customer-level view and product-level collections.
Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC
Communication is a core component of a resilient organization's risk management framework. However, risk communication involves more than just reporting information and populating dashboards, and we may be limiting our skillset. Storytelling is the ability to express ideas and convey messages to others, including stakeholders. When done effectively, it can help interpret complex risk environments for leaders and inform their decision-making.
Consumer Finance
DECEMBER 6, 2021
Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra issued the following statement: Earlier today, the U.S. Department of Housing and Urban Development released guidance clarifying that special purpose credit programs that conform with the Equal Credit Opportunity Act and Regulation B generally do not violate the Federal Fair Housing Act.
Better Credit Blog
DECEMBER 6, 2021
When it comes to qualifying for a mortgage and purchasing a house, there’s very often two main obstacles for first-time buyers. The first issue, which we explored here , is getting your credit score to a place where you can qualify for an affordable mortgage payment, and from there the second biggest issue often is having enough money on hand for a down-payment, which can be tricky for some people, even when they have steady employment. “Lenders require a down payment — 20% is
Consumer Finance
DECEMBER 6, 2021
Director Rohit Chopra remarks at the Elder Justice Coordinating Council Meeting.
The Kaplan Group
DECEMBER 6, 2021
Thanks to the silver screen, many people believe they have a solid understanding of our court system and the judicial process. But what is often depicted in the most captivating courtroom scenes is far from reality. A debt collection lawsuit can be serious, complex and time-consuming. If the case isn’t settled and you move to litigation, you’re looking at additional expenses, a higher contingency rate and possibly added stress and frustration.
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