Remove 2017 10
article thumbnail

Consumers Prioritize Mortgage Payments Over Auto

Fico Collections

NicholetteLarsen@fico.com Tue, 03/23/2021 - 22:16 by Tommy Lee Senior Director, Analytics and Scores expand_less Back To Top Fri, 02/10/2023 - 16:00 At the start of the pandemic, unemployment spiked and the CARES Act was passed to support those in financial need to pay their bills, including mortgage and auto loans. and internationally.

Loans 52
article thumbnail

CFPB Seeks Comment on Effectiveness of the RESPA Mortgage Servicing Rule

Consumer Financial Services Law

As required by the Dodd-Frank Act, the CFPB is conducting an assessment of its RESPA Mortgage Servicing Final Rule, which took effect on January 10, 2014. Comments are due on or before July 10, 2017. A report of the assessment will be issued by January 2019.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

A Fraudulent Transfer may be the Result of a Breach of Fiduciary Duties

ABI

10] Not long after TransCare filed for bankruptcy, the Trustee of the TransCare estate discovered that NewCo had foreclosed on all of TransCare’s physical assets and TransCare could not meet its payroll obligations. [11] 2017); Brown v. .— engaged in an actual fraudulent transfer and breached her fiduciary duties under Delaware law.

article thumbnail

Eleventh Circuit Continues to Explore Definition of Debt Collector

Consumer Financial Services Law

1718, 171-22 (2017) in which the Supreme Court held that a debt buyer may collect its own accounts under certain circumstances without triggering the FDCPA. Nationstar Mortgage, LLC, 2017 U.S. In Kurtzman v. LEXIS 19750 (11 th Cir.

article thumbnail

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

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 September 10, Washington, D.C. You may access this interactive tool at [link]. For more information, click here.

article thumbnail

What Are “Actual Damages” Under the FCCPA and the FDCPA?

Jimerson Firm

6:15-CV-1951-ORL-40GJK, 2017 WL 10350673, at *3 (M.D. 6:010-CV-226-ORL-31, 2011 WL 1560647, at *10 (M.D. 6:10-CV-226-ORL-31, 2011 WL 1557853 (M.D. In order to recover actual damages under the FDCPA or the FCCPA, the burden is on the plaintiff to prove such damages. See Baumann v. Prober & Raphael , No.

article thumbnail

Emerging Trends In FDCPA Litigation Against Community Association Attorneys

FDCPA Defense

Determining the line between foreclosure activity and debt collection, however, can be elusive. 2017), petition for cert. 21, 2017) (No. 17- 278) was whether notices sent by a trustee as required to initiate a non-judicial foreclosure under California law violated the FDCPA. 2012 WL 527486, at *10 (D. filed (U.S.