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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

NOVEMBER 21, 2023

On November 16, the Consumer Financial Protection Bureau (CFPB) published its Fair Debt Collection Practices Act (FDCPA) Annual Report to Congress. The new guidance strengthens risk assessment standards for coin-listing policies and introduces enhanced requirements specifically for retail consumer-facing businesses.

Financial services 52
Financial services Retail Banks Collections 52
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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

MARCH 8, 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. Currently, any student loan debt canceled by the government can be considered taxable and levied at the borrower’s normal income tax rate.

Financial services 52
Financial services Retail Foreclosure Financial Institution 52
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