ACA Supports Ending Operation Choke Point

ACA International is supporting legislation and policy changes designed to help stop "Operation Choke Point" - the program in which the FDIC and Department of Justice reportedly applied pressure to financial institutions to cut off services to certain licensed, legally operating industries. Collection & Credit Risk

By |2015-04-30T16:37:19-05:00April 30th, 2015|FDCPA|Comments Off on ACA Supports Ending Operation Choke Point

Mortgage Relief Operation Settles Charges

A mortgage relief operation has settled Federal Trade Commission charges that they illegally charged upfront fees for services they falsely promised would reduce consumers’ mortgage interest rates or monthly payments. Collection & Credit Risk

By |2015-04-04T07:05:19-05:00April 4th, 2015|FDCPA|Comments Off on Mortgage Relief Operation Settles Charges

Mortgage Modification Operation Settles FTC’s Charges

A Florida-based mortgage modification business and its owner are banned from the industry as part of a settlement resolving Federal Trade Commission charges that he tricked financially strapped consumers into paying for mortgage-relief services that he never provided. Collection & Credit Risk

By |2014-12-17T15:54:34-06:00December 17th, 2014|FCRA|Comments Off on Mortgage Modification Operation Settles FTC’s Charges

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