Mortgage Debt Archives - Page 2 of 58

August 19, 2020 by Hector Lora in Collection Laws and Regulations

2nd Cir. Confirms No Private Right of Action for FCRA ‘Direct Dispute’

Editor's Note: This article was originally published on the Maurice Wutscher blog and is republished here with permission. The U.S. Court of Appeals for the Second Circuit recently held that...

April 20, 2020 by Katie Grzechnik Neill in Collection Laws and Regulations

Several States Update COVID-19 Regulations and Emergency Orders (NY, MD, OR, NJ, WA)

Editor's Note: For all related insideARM articles and other information, please check insideARM's COVID-19 Impact resources page. -- Below is a quick roundup of updated state guidance regarding COVID-19 regulations and executive orders. New...

September 25, 2019 by Katie Grzechnik Neill in CFPB

Lively Debt Collection Debate Likely in House Fin. Servs. Committee Hearing Tomorrow

Tomorrow, the House Financial Services Committee will hold a hearing entitled “Examining Legislation to Protect Consumers and Small Business Owners from Abusive Debt Collection Practices.” The Committee originally scheduled the...

June 4, 2019 by Christopher Hahn in Collection Laws and Regulations

11th Cir. Rules in Favor of Mortgage Servicer in FCRA Putative Class Action Related to Reasonable Investigations

Editor's Note: This article was originally published on the Maurice Wutscher blog and is republished here with permission. In an unpublished ruling, the U.S. Court of Appeals for the Eleventh...

March 20, 2019 by Katie Grzechnik Neill in Collection Laws and Regulations

U.S. Supreme Court Holds that Law Firms Performing Nonjudicial Foreclosures are Not Debt Collectors

Today, in a unanimous decision, the U.S. Supreme Court found that law firms performing nonjudicial foreclosures are not debt collectors under the Fair Debt Collection Practices Act (FDCPA). The Supreme...

March 13, 2019 by Katie Grzechnik Neill in Auto Finance Receivables

Three Lessons for Debt Collectors from the CFPB’s Latest Supervisory Highlights: Amount Owed Accuracy, Disclosures, And Payment Dates

Yesterday, the Consumer Financial Protection Bureau (CFPB or Bureau) announced the release of its latest edition of Supervisory Highlights (which, according to the CFPB’s website, was published on February 28,...

February 27, 2019 by Katie Grzechnik Neill in CFPB

CFPB Publishes its Fall 2018 Semi-Annual Report: Credit Invisibility, Mortgage Shopping, Consumer Complaints, and a Laundry List of Enforcement Actions

On February 12, 2019, the Consumer Financial Protection Bureau (CFPB or Bureau) published its Fall 2018 Semi-Annual Report to Congress. This is the first Semi-Annual Report released under Director Kathy...

January 14, 2019 by Katie Grzechnik Neill in Collection Laws and Regulations

Sixth Circuit: “Cease” Requirement Includes Third Party Activities Put Into Action by Debt Collector

The Sixth Circuit released a decision in Scott v. Trott Law, P.C., No. 18-1051 (6th Cir. Jan. 11, 2019) where the court clarified what it means for a debt collector...

January 10, 2019 by Katie Grzechnik Neill in Collection Laws and Regulations

Supreme Court Split in Unexpected Ways During Oral Arguments for Obduskey v. McCarthy & Holthus LLP

On Monday, the United States Supreme Court heard oral arguments in Obduskey v. McCarthy & Holthus LLP. As a brief recap, the case questions whether a law firm engaging in...

November 19, 2018 by Katie Grzechnik Neill in CFPB

BCFP Files Amicus Brief in U.S. Supreme Court Case, Concludes Law Firm Did Not Engage in Debt Collection by Initiating Nonjudicial Foreclosure

The U.S. Supreme Court is currently reviewing Obduskey v. McCarthy & Holthus LLP, a case that asks whether enforcing a security interest on a mortgage debt by initiating a nonjudicial foreclosure...

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