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.

August

7
2023
Trends

Top 10 U.S. States Posting Mid-Year Declines in Foreclosure Filings

According to ATTOM’s recently released Mid-Year 2023 U.S. Foreclosure Market Report, ATTOM CEO Rob Barber noted, “Similar to the first half of 2022, foreclosure activity across the United States maintained its upward trajectory, gradually approaching pre-pandemic levels in the first half of 2023.

Read post

August

4
2023
Industry News

Judge grants MSJ in class action over disputed debt investigation

On July 28, the U.S. District Court for the Southern District of Alabama granted summary judgment in favor of a defendant third-party debt collector in an FCRA and FDCPA putative class action, holding that the defendant carried out a reasonable investigation following plaintiff’s dispute of the debt it had reported to credit reporting agencies (CRAs) and that the plaintiff failed to establish that the defendant knew or should have known that the debt was inaccurate or invalid.

Read post

August

4
2023
Industry News

FIRST HORIZON NAMED ONE OF THE WORLD'S BEST BANKS BY FORBES MAGAZINE

MEMPHIS, Tenn., Aug. 2, 2023 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") has been recognized by Forbes Magazine in recent publications on their best bank rankings, World's Best Banks of 2023 and America's Best Banks.

Read post

August

4
2023
Industry News

Phony bank accounts resurface at Wells Fargo, with a twist

As a longtime forensic accountant who helps consumer lawyers investigate big financial institutions, Jay Patterson has made a point to do business with a smallish local bank in his hometown of Little Rock, Arkansas.

Read post

August

4
2023

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.