NY Fed Team Tackles Student Loan Debt Impact

Student loan debt remains a pressing concern in the U.S. because of high balances and high rates of delinquencies and defaults. The issues have been discussed in recent blog posts by the Federal Reserve Bank of New York’s Liberty Street Economics team. Collection & Credit Risk

By |2017-05-20T11:45:11-05:00February 24th, 2015|FDCPA|Comments Off on NY Fed Team Tackles Student Loan Debt Impact

CFPB Looks at Impact of Debt for Military Personnel

Complaints about debt collection are growing among service members. There are now more than 11,000 complaints from service members, veterans and military families since the CFPB began accepting them 18 months ago. Collection & Credit Risk

By |2017-05-20T11:45:14-05:00January 13th, 2015|FCRA|Comments Off on CFPB Looks at Impact of Debt for Military Personnel

Judge’s Dismissal of Disparate Impact May Presage SCOTUS Ruling

A U.S. District Court decision this week that blocked the use of a controversial legal theory in a fair housing case on discrimination has ignited industry hopes that the Supreme Court will take a similar stance on a separate, larger case pending before the high court. News

By |2014-12-06T07:14:21-06:00December 6th, 2014|News|Comments Off on Judge’s Dismissal of Disparate Impact May Presage SCOTUS Ruling

CFPB’s Plan to Oversee Auto Lenders Will Have Far-Reaching Impact

WASHINGTON — The Consumer Financial Protection Bureau has taken a sweeping approach in using its authority to propose supervision of the largest nonbank auto lenders, unveiling a plan that would effectively cover 90% of the market. Collection & Credit Risk

By |2014-09-19T07:40:30-05:00September 19th, 2014|FDCPA|Comments Off on CFPB’s Plan to Oversee Auto Lenders Will Have Far-Reaching Impact

Supreme Court Ruling Will Not Impact CFPB, Agency Says

WASHINGTON -- The Consumer Financial Protection Bureau issued a statement Thursday saying a Supreme Court decision issued earlier that day involving presidential recess appointments did not have any impact on the agency's previous rulemakings. Collections - Other Consumer

By |2014-06-28T02:20:29-05:00June 28th, 2014|FCRA|Comments Off on Supreme Court Ruling Will Not Impact CFPB, Agency Says

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