Troutman Sanders

MAY 2, 2023

Speaking at the Consensus 2023 conference, Senator Lummis stated that the next installment of her bill — the Responsible Financial Innovation Act — will be presented to the Senate within eight weeks. On April 28, Venmo announced that users of the mobile payment service will offer expanded cryptocurrency-related capabilities.

Financial services 52

Financial services Trade Consumer Credit Government 52

Troutman Sanders

JULY 12, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. On July 5, a new Massachusetts law went into effect, requiring licenses for any business servicing student loans within the state.

Financial services 52

Financial services Student loans Student Loans Foreclosure 52

Fico Collections

NOVEMBER 3, 2022

Most consumers are likely to suffer some level of financial distress for the foreseeable future. Consumers hit exclusively by an economic downturn typically: Have very high financial morality – they are rarely repeat visitors to collections. Are reluctant to compromise on their financial plans. FICO Admin. by Bruce Curry.

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Collections Creditors Debt Consolidation Debt Recovery 52