Mon.Oct 24, 2022

article thumbnail

FTC Launches ANPR on ‘Junk’ Fee Crackdown

Account Recovery

The Federal Trade Commission has announced that it is “exploring” a rule to crack down on “junk” fees that it says are proliferating throughout the country, and one of the categories of fees could have applications in the accounts receivable management industry. In issuing the Advanced Notice of Proposed Rulemaking (ANPR), the FTC said it … The post FTC Launches ANPR on ‘Junk’ Fee Crackdown appeared first on AccountsRecovery.net.

article thumbnail

Fannie Mae and Freddie Mac Will Require the Use of FICO Score 10 T

Fico Collections

Home. Blog. FICO. Fannie Mae and Freddie Mac Will Require the Use of FICO Score 10 T. FICO?Score 10 T gives mortgage lenders the flexibility and predictive power to make more precise lending decisions. FICO Admin. Tue, 11/12/2019 - 19:52. by James Wehmann. expand_less Back To Top. Mon, 10/24/2022 - 21:05. The Federal Housing Finance Agency (FHFA) has announced that FICO® Score 10 T has been validated and approved for use by Fannie Mae and Freddie Mac (the Enterprises).

Lender 93
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Judge Grants MTD in FDCPA, FCRA Case Over Emails, Portal Access

Account Recovery

A District Court judge in Maryland has granted a defendant’s motion to dismiss after it was sued by a pro se plaintiff for violating a number of statutes, including the Fair Debt Collection Practices Act because, among other claims, the defendant was not allowed to use the last four digits of the plaintiff’s Social Security … The post Judge Grants MTD in FDCPA, FCRA Case Over Emails, Portal Access appeared first on AccountsRecovery.net.

article thumbnail

Director Chopra’s Prepared Remarks at Money 20/20

Consumer Finance

Prepared remarks of CFPB Director Chopra at the financial technologies conference Money 20/20.

article thumbnail

Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

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.

article thumbnail

Compliance Digest – October 24

Account Recovery

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.

188
188

More Trending

article thumbnail

Daily Digest – October 24. Judge Grants MTD in FDCPA, FCRA Case Over Emails, Portal Access; Appeals Court Blocks Student Loan Debt Relief Plan

Account Recovery

JUDGE GRANTS MTD IN FDCPA, FCRA CASE OVER EMAILS, PORTAL ACCESS A District Court judge in Maryland has granted a defendant’s motion to dismiss after it was sued by a pro se plaintiff for violating a number of statutes, including the Fair Debt Collection Practices Act because, among other claims, the defendant was not allowed … The post Daily Digest – October 24.

article thumbnail

Shopping Experts Predict What’s in Store for Black Friday 2022

Nerd Wallet

Black Friday, the day after Thanksgiving, lands on Nov. 25 this year. While that’s still a ways off, holiday sales have already started. But they’ve only begun to scratch the surface. There’s still plenty of season — and chances to save money — left to go. Looking ahead to Black Friday, what can shoppers expect. Lauren Schwahn writes for NerdWallet.

75
article thumbnail

Bankruptcy Court Denies Chapter 15 Recognition to a Case in the Isle of Man

PBWT

A U.S. bankruptcy court recently denied chapter 15 recognition to a case in the Isle of Man (IOM). The court ruled that the foreign case was neither a foreign main proceeding nor a foreign non-main proceeding. Although the court found that the IOM proceeding was a “foreign proceeding,” it also held that the debtor’s center of main interests wasn’t in the IOM and the debtor didn't have an establishment there.

article thumbnail

How to Buy and Sell Crypto With Venmo

Nerd Wallet

Peer-to-peer money transfer app Venmo allows you to buy, sell and hold cryptocurrencies in its app. The feature launched in April 2021, following a similar move by its parent company PayPal. While it’s a convenient way to buy and sell crypto, especially in small amounts, it lacks the functionality other major crypto exchanges offer. For. Dalia Ramirez writes for NerdWallet.

72
article thumbnail

The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

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.

article thumbnail

Washington Court Finds Illinois’ BIPA Does Not Apply Outside the State

Troutman Sanders

On October 17, a U.S. District Court for the Western District of Washington issued an order and judgment , ending two related putative class actions alleging tech companies violated Illinois’ Biometric Information Privacy Act (BIPA) by using datasets containing geometric scans of their faces without their permission. The court granted summary judgment in favor of the tech companies, holding that BIPA does not apply extraterritorially to conduct outside of Illinois, and the plaintiffs had not met

article thumbnail

Credit Card Rental Car Insurance May Not Cover Renting an Electric Car

Nerd Wallet

As car manufacturers ramp up production of electric vehicles, rental car companies like Hertz are joining the revolution. In 2021, the car rental company ordered 100,000 Tesla Model 3 vehicles for travelers who want to rent an electric car. Now that EV car rentals are a thing, it raises a question many haven’t considered before: JT Genter writes for NerdWallet.

article thumbnail

Appeals Court Temporarily Blocks Student Loan Debt Relief Plan as Biden Announces 22 Million Have Applied in First Week

Account Recovery

Nearly 22 million individuals applied for the federal government’s student loan forgiveness program in its first week of operation, President Biden said on Friday, the same day that the Court of Appeals for the Eighth Circuit temporarily stopped the program from going into effect, following a lawsuit that was filed by six states. The lawsuit … The post Appeals Court Temporarily Blocks Student Loan Debt Relief Plan as Biden Announces 22 Million Have Applied in First Week appeared firs

article thumbnail

How the Delta SkyMiles® Gold American Express Card’s Travel Insurance Works

Nerd Wallet

Whether you are traveling internationally or within the U.S., it is advantageous to have travel insurance if plans go awry. Many credit cards include some form of travel insurance to cover travel booked using the card. The Delta SkyMiles® Gold American Express Card has some protections, but not all travel insurance policies are created equal. Ramsey Qubein writes for NerdWallet.

60
article thumbnail

Agent Tooling: Connecting AI to Your Tools, Systems & Data

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.

article thumbnail

Smart Money: Black Friday Is Canceled, and Holiday Travel Deals

Nerd Wallet

Welcome to NerdWallet’s Smart Money podcast. This week’s episode starts with a discussion about why Black Friday is dead. Then we host a roundtable discussion with Travel Nerds about how you can find the best holiday travel deals this year. Check out this episode on any of these platforms: Apple Podcasts Spotify Our take on. Anna Helhoski writes for NerdWallet.

80