Account Recovery

JULY 15, 2022

A District Court judge in California has denied a defendant’s motion to compel arbitration in a Fair Debt Collection Practices Act case, ruling that the collection law firm’s actions were independent of the original creditor, and thus not subject to the original agreement’s arbitration clause. A copy of the ruling in the case of Estrada … The post Judge Denies Motion to Compel Arbitration in FDCPA Case appeared first on AccountsRecovery.net.

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Fair Debt Collection Law Firms Original Creditor Creditors 246

Enterprise Recovery

JULY 15, 2022

Business leaders have long known that the economy was going into a recession. It's important to prepare a business for any economic challenge , whether it's externally or internally driven. With accelerated technology and startup growth, eventually, there will be a slowdown. Technology and startup leaders must be prepared to ensure their business fares well.

Startups 202

Startups 202

Account Recovery

JULY 15, 2022

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call … The post Agency Sued for Not Using Proper Condition Code appeared first on AccountsRecovery.net.

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246

Nerd Wallet

JULY 15, 2022

SafeMoon is a troubled cryptocurrency facing multiple class-action lawsuits. It offers a unique structure that encourages people to hold, rather than sell, which was originally intended to make it a safer, more profitable investment. But its value plummeted following revelations of false statements from the company, which have been the focus of legal complaints.

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Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

Account Recovery

JULY 15, 2022

JUDGE DENIES MOTION TO COMPEL ARBITRATION IN FDCPA CASE A District Court judge in California has denied a defendant’s motion to compel arbitration in a Fair Debt Collection Practices Act case, ruling that the collection law firm’s actions were independent of the original creditor, and thus not subject to the original agreement’s arbitration clause. BILL … The post Daily Digest – July 15.

Fair Debt Collection 246

Fair Debt Collection Original Creditor Creditors Collections 246

Account Recovery

JULY 15, 2022

A bill has been introduced in the House of Representatives and Senate that, if passed, would require the Consumer Financial Protection Bureau to take additional steps, such as performing qualitative and quantitative cost-benefit analyses of all proposed regulations and identify alternatives to proposed regulations and compare the benefits and costs of those alternatives, among other … The post Bill Introduced to Require Cost-Benefit Analysis Prior to CFPB Issuing Regulations appeared first

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Nerd Wallet

JULY 15, 2022

If you’re house-hunting in a hot market, you may have wondered: “Why don’t I just build?” Choosing a modular home can save you money and time, compared to traditional construction methods. According to the National Association of Home Builders, a typical modular build can be move-in ready in as little as three months. That’s less. Abby Badach Doyle writes for NerdWallet.

Construction 98

Construction 98

Account Recovery

JULY 15, 2022

The Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency have imposed $225 million in fines against Bank of America for “botching” the disbursement of state unemployment benefits in 2020 and 2021 during the “height” of the COVID-19 pandemic. A copy of the Consent Order can be accessed by clicking here. … The post BofA Fined $225M For ‘Botched’ Fraud Flags on Unemployment Disbursements appeared first on AccountsRecovery.n

Banks 242

Banks 242

Nerd Wallet

JULY 15, 2022

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. The primary purpose of life insurance is to pay out a sum of money to your beneficiaries after you. Georgia Rose writes for NerdWallet.

Education 92

Education 92

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

Fraser

JULY 15, 2022

Supreme Court Ruling Shouldn’t Affect Michigan’s Healthy Climate Plan. The Supreme Court’s recent ruling limiting the EPA’s ability to regulate carbon emissions from power plants should not affect Michigan’s course of following through with the MI Healthy Climate Plan, which was first released in April 2021. The MI Healthy Climate plan seeks interim reductions of 28% by 2025 and 52% by 2030.

Retail 64

Retail Collections 64

Nerd Wallet

JULY 15, 2022

The Firestone credit card, issued by the Credit First National Association bank, can help you finance a car repair or maintenance purchase at participating tire and automotive service retailers. When compared with other credit cards on the market, it’s not the most valuable card, but it may be the most convenient for covering an urgent. Melissa Lambarena writes for NerdWallet.

Retail 88

Retail Banks 88

Public Citizen

JULY 15, 2022

Bernard Chao of Denver has written  Unjust Enrichment: Standing Up for Privacy Rights. Here is the abstract: In TransUnion LLC v. Ramirez, one of the country’s largest credit reporting agencies violated the Federal Credit Report Act (“FCRA”) by failing to “follow reasonable procedures to assure maximum possible accuracy.” As a result, thousands of credit reports incorrectly said that consumers were potential terrorists, drug traffickers, or serious criminals.

Collections 61

Collections 61

Nerd Wallet

JULY 15, 2022

The arrival of a new baby is all-consuming. In the early weeks, your waking hours are a cycle of feedings, diaper changes and Googling “Is it normal for a baby to (fill in the blank).” Mustering the energy — and attention span — for otherwise routine tasks like showering and paying bills can feel like a. Kelsey Sheehy writes for NerdWallet. Email: ksheehy@nerdwallet.com.

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Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

Fico Collections

JULY 15, 2022

Home. Blog. FICO. Optimization and Automation Point the Way for Insurance Claims. In uncertain times, optimization and automation offer insurance claims departments what's needed most - speed, scale and control. FICO. Tue, 07/02/2019 - 02:45. by Darran Simons. expand_less Back To Top. Fri, 07/15/2022 - 10:05. Optimization and automation are fundamentally changing the way insurers use data and AI to operate and better serve customers.

Retrieval 52

Retrieval Home Insurance Financial Institution Trade 52

Nerd Wallet

JULY 15, 2022

When Walnut Creek, California-based certified financial planner Mario Hernandez meets with clients, he starts by asking them about their goals and time horizon. No matter where you are on your investment journey, time is critical in deciding where to place money. So one of the first things to consider is how soon you want your. Alieza Durana writes for NerdWallet.

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Troutman Sanders

JULY 15, 2022

In a July 15 published decision, the Fourth Circuit reversed a West Virginia District Court’s ruling against a mortgage servicer in a purported class action, holding that merely sending a notice of rescission under the Truth in Lending Act (TILA), 15 U.S.C. 1635, et seq., does not immediately rescind the loan and relieve the borrower of any obligation to tender the loan proceeds.

Foreclosure 52

Foreclosure Lender Loans Judgment 52

Nerd Wallet

JULY 15, 2022

Imagine buying your first car during the worst car market in recent memory. Inventory shortages and rising prices began with the pandemic-driven computer chip shortage in 2021. In May of this year, the supply of new vehicles available to buy was about 1.1 million — or about 1.7 million fewer than in 2020 — according. Shannon Bradley writes for NerdWallet.

Loans 72

Loans 72

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

Troutman Sanders

JULY 15, 2022

On February 25, the U.S. District Court for the Eastern District of Pennsylvania held that a purported public records vendor (Credit Lenders Service Agency or CLSA) is a consumer reporting agency (CRA) under the Fair Credit Reporting Act (FCRA). A copy of the decision in McGrath v. Credit Lenders Service Agency, Inc. can be found here. As background, plaintiffs Donna and Patrick McGrath applied to refinance their home mortgage.

Judgment 52

Judgment Banks Lender Consumer Credit 52

Nerd Wallet

JULY 15, 2022

Accor’s Sofitel brand offers a typically French experience at its properties around the world, including a club lounge product known as Club Millésime. Similar to Marriott’s M Club lounges and IHG Executive Club lounges, Sofitel Club Millésime offers an elevated experience for guests who want lounge access during their stay. Members of Accor’s All Live.

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Fico Collections

JULY 15, 2022

Home. Blog. FICO. Financial Inclusion Using Analytics. How FICO Scoring can help companies make decisions that benefit society. Saxon Shirley. Mon, 02/21/2022 - 07:59. by Sally Taylor. Vice President, Scores. expand_less Back To Top. Fri, 07/15/2022 - 08:15. Replacing human bias with data-driven science. FICO’s impact on social good was one of the main reasons why I came to work for FICO.

Lender 52

Lender Education Acquisition Foreclosure 52

NACM

JULY 15, 2022

?? Did you know. 46% of credit professionals describe their department's onboarding process as meticulously detailed and documented, while 27% describe it as learning on the fly or loosely documented. ? The onboarding process is one of the first steps in building future credit leaders! Listen to this week's episode of Extra Credit ?? to hear.

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5

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!