Join us on November 17 at 1:00 p.m. ET for The CFPB Debt Collection Rule: Compliance Considerations, presented by Hudson Cook & Weltman. The CFPB has issued its first of two anticipated final rules on debt collection. While the rule is based on the Fair Debt Collection Practices Act, its scope is limited to third-party debt collectors. Nevertheless, this rule has important effects on creditors. Creditors will be obliged to monitor the debt collectors they engage for compliance with this rule, although it is not applicable to creditors directly. Also, there are open questions about how the CFPB will use its UDAAP authority in the area of debt collection in the future.
Please join our webinar for a discussion of this rule and the effects on the consumer finance industry.
Presenters:
Hudson Cook (Chuck Dodge and Anastasia Caton)
Weltman, Weinberg & Reis (Sara Costanzo and David Head)
REGISTER
Join us on November 17 at 1:00 p.m. ET for The CFPB Debt Collection Rule: Compliance Considerations, presented by Hudson Cook & Weltman. The CFPB has issued its first of two anticipated final rules on debt collection. While the rule is… Read the rest
Join us on December 3 at 2:00 p.m. ET for Auto Loan Accommodations: Insights from the Past, Applications for the Present, presented by TransUnion.
The COVID-19 pandemic significantly impacted consumers and businesses, and the auto industry… Read the rest
The American Financial Services Association (AFSA) replied to the Federal Communications Commission’s (FCC) proposed rulemaking regarding certain exemptions under the Telephone Consumer Protection Act (TCPA) for companies making… Read the rest
AFSA is excited to announce that the 2021 Vehicle Finance Conference will be held online from February 23 through February 25; AFSA committees will meet the preceding week, February 16 through February 18 (more details to come).
Each day will… Read the rest
The Consumer Financial Protection Bureau (CFPB) finalized a rule amending its Disclosure of Records and Information Regulation. In the rulemaking, the CFPB addresses the confidential treatment of information the agency obtains while… Read the rest
This week, the Office of the Comptroller of the Currency (OCC) finalized the “true lender” rule. At issue is partnerships between third-party nonbanks and federal savings associations or national banks which have led to loans being underwritten… Read the rest
The featured Business Partner for November is GOLDPoint Systems, which offers one of the most complete Loan Management Software Systems in the Direct and Indirect market, covering the complete loan life cycle. We asked them a few questions… Read the rest
For the first time in the Fair Debt Collection Practices Act’s (FDCPA) 40-plus-year history, a regulatory agency has issued rules under the statute.
The new rulemaking, issued by the Consumer Financial Protection Bureau (CFPB), … Read the rest
AFSA’s State Government Affairs (SGA) team recently sent a letter to the California Department of Business Oversight (DBO)—now renamed the Department of Financial Protection and Innovation—to provide comments on the department’s recently… Read the rest
AFSA’s State Government Affairs (SGA) team recently published model legislation that would permanently authorize employees of licensed entities to work from home without the need of a branch license. Since the start of the COVID-19 pandemic,… Read the rest