Questions? Email orders@insidearm.com or call 240-499-3834.

Welcome to the insideARM.com Research Library

Compliance Overview: UDAAP

Return Policy

insideARM.com strives to provide compelling, informative, and useful products to the ARM industry. If you are unsatisfied with any product for any reason, you can return it for a full refund. Please contact orders@insideARM.com or call 240.499.3834.

About the insideARM.com Research Library

insideARM.com’s Research Library is one of the most trusted online bookstores for the ARM industry. From reports to tutorials to webinars, our products are designed specifically to put you ahead of the game and the regulators.

What to Expect

Once you've completed your purchase for a downloadable product, you can download it by:

  • Logging in to your account. From "My Account," go to the "My Downloadable Products" page to download your products.
  • In the order confirmation email you are sent the product listing will include a download link which you can also use to directly download your purchases.

Compliance Overview: UDAAP

$159.00

Click here for a free preview!

UDAAP (Unfair, Deceptive or Abusive Acts and Practices) is the latest “hot” issue the Consumer Financial Protection Bureau is monitoring throughout the debt collection industry. UDAAP is unique in that – unlike the Fair Debt Collection Practices Act – it broadly outlines what a financial institution can’t do, but puts the burden of proof for compliance squarely on collectors. Even creditors need to watch out for potential UDAAP problems; in a 2013 CFPB bulletin, the Bureau stated its intent to make creditors and their service providers abide by the FDCPA – and by proxy UDAAP principles and guidance.

Our Compliance Overview: UDAAP gives your collection agency actionable information about why UDAAP compliance matters and how to master it. Get the top 10 compliance tips, sourced from industry experts, to make sure your agency and vendors are keeping up with UDAAP requirements (pg. 6). Learn how the CFPB identifies and penalizes UDAAP violations with real-world examples (pg. 12). Use our comprehensive checklists to ensure your compliance management system goes above and beyond the requirements for a CFPB examination (pg. 16).

This is a resource no company should be without!

Product: PDF Download

Pages: 170 pp

Published: 11 February 2014

 

You’ll Learn:

  • Who is affected by UDAAP
  • How to define unfair, deceptive and abusive practices
  • How to prepare for a CFPB examination
  • How the CFPB plans to use rulemaking to clarify UDAAP