According to the FTC’s Consumer Sentinel Network data, nearly 30% of consumers who reported losing money to scams in 2025 said the fraud began on social media. Reported losses tied to those scams reached approximately $2.1 billion, exceeding losses connected to any other form of contact.
HUD is signaling a narrower FHA enforcement posture that is focused on intentional discrimination and situations that involve “real people harmed by real discriminatory conduct,” as opposed to cases that are built solely on statistical disparities. Lenders currently offering, or planning to offer, SPCPs should move quickly to reassess those programs, re‑anchor eligibility on permissible eligibility criteria, and consider proactive adjustments as necessary.
For a long time, the relationship between lenders and debt settlement companies has worked on a "trust but verify" model. Compliance teams usually manage this by manually checking a small number of settled files to see if they follow internal rules. However, as the number of resolutions grows, this manual way of working is showing big gaps.
The FDIC has issued FIL-14-2026 rescinding its guidance governing the re-presentment of the same transaction after raising questions about the Biden Administration’s prior guidance. The original guidance included a warning that charging multiple nonsufficient funds fees for the same transaction could constitute deceptive or unfair practices under the law.
The New York City Department of Consumer and Worker Protection (DCWP) will hold a public hearing on proposed amendments to its debt collection penalty schedule on June 1. The hearing will focus on updates to penalties for violations under the city’s debt collection rules.
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