Katabat

JULY 6, 2021

in 2022 and to just 1.1% In recent months employers were having to compete with the government handing out money, and that makes it very hard to attract workers.” While noting an uptick in mortgage applications for Millennials, the article reads: “Lenders should take note. In fact, the vast majority of lenders are very helpful.

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Katabat

JULY 6, 2021

in 2022 and to just 1.1% In recent months employers were having to compete with the government handing out money, and that makes it very hard to attract workers.” While noting an uptick in mortgage applications for Millennials, the article reads: “Lenders should take note. In fact, the vast majority of lenders are very helpful.

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Fico Collections

JANUARY 10, 2023

Top 5 Fraud Posts for 2022: Scams, Contactless and Money Mules. Tue, 01/10/2023 - 11:30. Here are the five most-viewed posts from 2022 on the FICO Blog related to fraud. Fraud Trends for 2022: Top 5 Includes "Scamdemic" and Bad Bots. Matt recommended that lenders: Mitigate the risks now. FICO Admin.

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Fico Collections

NOVEMBER 3, 2022

Thu, 11/03/2022 - 11:30. Elsewhere, in markets like Turkey, where inflation is running at +70%, it’s only government intervention that’s delaying an indebtedness crisis. As a result, lenders’ collections’ books are already growing. Bruce Curry has been named to the Credit 500 in 2020, 2021 and 2022.

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Troutman Sanders

MARCH 28, 2023

Department of Education announced that it will hold virtual public hearings on April 11-13 to receive stakeholder feedback on potential issues for future rulemaking sessions. The final rule rescinds HUD’s 2020 rule, governing Fair Housing Act disparate impact claims and restores the 2013 discriminatory effects rule. and 682.416.

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Fico Collections

DECEMBER 15, 2021

In 2022 consumers will increasingly expect to be able to service all of their requirements, however complex, online. Lenders Will Take a New Approach to Measuring Affordability. This centralised approach will give lenders increased control, consistency and agility to react to regulatory changes. This may prove problematic.

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Financial Institution Banks Lender Acquisition 52

Troutman Sanders

MARCH 11, 2024

between 2021 and 2022. Drawing on expertise from key governmental bodies, the proposed legislation seeks to establish a comprehensive framework for stablecoin governance. State Activities: On March 11, California Attorney General (AG) Rob Bonta announced his support for SB 1061, a bill proposed by State Senator Monique Limon.

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Fico Collections

JANUARY 11, 2023

Top 5 Decision Management Posts of 2022: AI and Digital Jane. Wed, 05/25/2022 - 03:43. Wed, 01/11/2023 - 14:25. The promise of AI and FICO Platform dominated the top posts of 2022 in the Decision Management category. The promise of AI and FICO Platform dominated the top posts of 2022 in the Decision Management category.

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Government Banks Financial Institution Construction 52

Fico Collections

JUNE 21, 2022

Tue, 06/21/2022 - 11:25. Akbank has demonstrated how a lender can build on its analytic capabilities with optimization to increase lending profit.”. For its achievements, Akbank won a 2022 FICO® Decisions Award for AI, machine learning & optimization. Meet The 2022 FICO Decisions Awards Winners! by Nikhil Behl.

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Retail Trade Banks Startups 52

Troutman Sanders

APRIL 18, 2022

The CFPB then relies on its own prior research to argue that consumers rely on servicers to provide information about private student loans, citing specific consumer complaints as evidence that student loan owners, lenders, servicers, and collectors unlawfully collect on private student loans that should have been discharged.

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Troutman Sanders

MAY 16, 2022

On May 11, the U.S. On May 9, the Consumer Financial Protection Bureau (CFPB) published an advisory opinion to affirm that the Equal Credit Opportunity Act bars lenders from discriminating against customers after they have received a loan, not just during the application process. For more information, click here.

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Troutman Sanders

MAY 2, 2023

The proposed rule would require lenders to assess a borrower’s ability to repay a PACE loan, as well as provide a framework for how these loans will be treated under the Truth in Lending Act. Government Money Market Fund.” government securities, cash, and repurchase agreements collateralized by U.S. On April 27, the U.S.

Financial services 52

Financial services Trade Consumer Credit Government 52

Troutman Sanders

NOVEMBER 7, 2023

Small Business Administration (SBA) announced that it has granted three new Small Business Lending Company (SBLC) licenses to lenders focused on historically underserved markets — the first expansion of the SBLC program in more than 40 years. The Treasury had placed Tornado Cash on the sanctions list in August 2022 after U.S.

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Financial services Debt collector Loans Foreclosure 52

Troutman Sanders

FEBRUARY 13, 2024

Genesis filed for Chapter 11 protection in January 2023 with $5.1 Supreme Court unanimously ruled that government agencies can be sued for violations of the Fair Credit Reporting Act (FCRA). However, the Court upheld the Third Circuit’s decision that the FCRA allows for suits against “any person,” including government agencies.

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