Collections news at your fingertips

Stay up-to-date with the latest news and developments in the collections industry.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

September

5
2023
Industry News

As payments on federal student loans resume, federal student loan borrowers may be eligible for cancellation or lower payments

In October, millions of federal student loan borrowers will have a payment due on their loans for the first time since March 2020. Many borrowers may be able to reduce their payments or even get their loans cancelled, and they should explore their options before making payments. Borrowers who encounter issues with their student loans should file a complaint with the CFPB.

Read post

September

5
2023
Industry News

Trade associations urge CFPB to pause effective date and tiered compliance dates of small business lending rule

A group of trade associations has sent a letter to CFPB Director Chopra urging the CFPB to address the disparity that has resulted from the order entered by the Texas federal district court in the lawsuit challenging the CFPB’s small business lending rule that granted preliminary injunctive relief only to the plaintiffs and their members.

Read post

September

5
2023
Trends

CFPB Ombudsman Releases Midyear Report on Consumer Complaint Process and Company Surveys

Consumer Financial Protection Bureau Ombudsman Wendy Kamenshine issued the office’s 2023 Midyear Update, outlining how its work resulted in the CFPB reviewing and standardizing consumer complaint process timeframes.

Read post

September

1
2023
Trends

CoreLogic: No US States Post Annual Mortgage Delinquency Increases in June

IRVINE, Calif.--(BUSINESS WIRE)--CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for June 2023.

Read post

September

1
2023
Industry News

Florida Court Upholds Six Figure Jury Verdict Over Collection Practices

A recent case out of Florida highlights the importance of employee compliance training, documentation and bankruptcy monitoring.

Read post

Weekly newsletter

Get DebtHub's weekly newsletter, packed with the latest economic trends, compliance news, and strategy insights that matter to collections professionals like you.