IRVINE, Calif. — February 22, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released a special report on U.S. Commercial Foreclosures. The report reveals a significant climb in commercial foreclosures over the years, from a low of 141 in May 2020 to the current figure of 635 in January 2024. This represents a steady increase throughout the period.
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) just fired a shot across the bow of companies operating comparison-shopping tools. Often accused of manipulating consumer choices, these corporations are now under the eagle-eyed scrutiny of the CFPB. The agency recently issued a detailed circular to law enforcement agencies and regulators, shedding light on how these companies might find themselves on the wrong side of the law when they steer consumers to certain products or lenders due to elusive kickbacks.
Letting someone else file your tax return sounds like a pretty sweet deal -- unless that person is an identity thief after your refund. It happens more often than you'd think. Last year, the IRS flagged 1.1 million tax returns with refunds totaling $6.3 billion for additional review due to suspected identity theft. More than 12,000 of these were confirmed as of March 2, 2023.
In the world of collection agency oversight, transparency is not just a buzzword – it’s a fundamental principle that underpins trust, accountability, and effective collaboration. Transparent communication is the cornerstone of successful relationships between businesses and collection agencies, fostering mutual understanding, alignment of goals, and proactive problem-solving. Let’s delve deeper into why transparent communication is crucial in the realm of collection agency oversight and how it can drive positive outcomes for all parties involved.
NEW YORK — Fewer banks tightened lending standards as 2023 came to a close, a hopeful sign for businesses that broader loan access is on the horizon.
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