Remove 2014 12
article thumbnail

New CFPB Consent Decree May Highlight Loss Mitigation Issues for 2021

Collection Industry News

The clear priority is helping consumers avoid foreclosure, a risk we know will continue throughout 2021. The lengthy consent decree covers loss mitigation conduct from 2014 through 2018, years in the past. Some borrowers suffered improper foreclosure activity as a result. 12 C.F.R. §§ 1024.41(b)(2)(i)(B), b)(2)(i)(B).

article thumbnail

Emerging Trends In FDCPA Litigation Against Community Association Attorneys

FDCPA Defense

as well as analogous state laws governing the consumer collection process. Determining the line between foreclosure activity and debt collection, however, can be elusive. 17- 278) was whether notices sent by a trustee as required to initiate a non-judicial foreclosure under California law violated the FDCPA. The issue in Ho v.

article thumbnail

For Attorneys Representing Community Associations: A Primer On FDCPA Class Actions And How To Avoid Them

FDCPA Defense

In some jurisdictions, even statements that you make to a court, or to your opposing counsel, may be governed by the FDCPA, so these practices should also be evaluated for compliance with the Act. JQD, LLC , 2014 WL 3404945 (N.D. Kovitz Shifrin Nesbit , 2015 WL 74069 (N.D. Weinstein, Pinson & Riley, P.S., _F.3d_, Collins Fin.