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UDAAP Crackdown Should Keep Collection Agencies Alert

How seriously should debt collection agencies take the Consumer Financial Protection Bureau’s crackdown on Unfair, Deceptive and Abusive Acts or Practices (UDAAP)? On one hand, the Bureau recently took action against...

CFPB Recognizes Cost Burden of Compliance for Small Banks

A new study by the Consumer Financial Protection Bureau alludes that small banks and financial institutions spend relatively more to comply with federal regulations than their bigger peers, especially when it comes...