DULUTH, GA - Crown Asset Management, LLC, a receivables management and purchasing firm near Atlanta, took some time out this summer for a company picnic and service awards ceremony to celebrate the talent and tenure of numerous dedicated employees. The team continues to show up and step up every day to help grow the business and enhance the culture with professionalism and can-do attitudes.
Read the Whole Story »
Please join Consumer Financial Services Partner Chris Willis and his guests and colleagues, Stefanie Jackman and Sarah Reise, as they discuss the intersection of fair lending with collections. They cover which types of processes relevant to third party debt collection could be subject to a fair lending review, the difference between disparate treatment and disparate impact, how the CFPB may review collection-related decisions, what a basic fair lending analysis may look like for collectors, the processes that are likely to be targeted for a fair lending review, and what collectors can do now to update their compliance management system and assess their operations to try and identify and mitigate potential fair lending issues.
Read the Whole Story »