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February

28
2023
Industry News

Ahead of U.S. Supreme Court Oral Arguments, Attorney General Bonta Issues Statement in Support of Biden Administration’s Historic Student Loan Debt Relief Plan

OAKLAND – California Attorney General Rob Bonta today issued a statement in support of President Biden’s ongoing efforts to provide relief for student borrowers. The statement of support comes ahead of oral arguments before the United States Supreme Court in a legal challenge to the Biden Administration’s plan to discharge between $10,000 and $20,000 in federal student loan debt for certain lower-income borrowers. This historic one-time program will provide student loan debt relief to approximately 40 million Americans, including more than 3.5 million Californians.

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February

28
2023
Industry News

Telephone and Texting Compliance News: Regulatory Update — FCC Takes Action Against Repeat Robocaller, Legislators Seek Higher Robocalling Penalties, Twilio Stops Illegal Robocallers

The Federal Communications Commission’s Enforcement Bureau (“Bureau”) took swift action to shut down a repeat robocaller trying to evade enforcement. On February 15, the Bureau issued a cease-and-desist letter to OneEye LLC (“OneEye”) ordering the company to investigate and take steps, including blocking, to mitigate suspected illegal robocalling traffic on its network.

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February

28
2023
Industry News

FTC and CFPB Seek Public Comment on How Background Screening May Shut Renters out of Housing

The Federal Trade Commission and the Consumer Financial Protection Bureau (CFPB) are requesting comment on background screening issues affecting individuals who seek rental housing in the United States, including how the use of criminal and eviction records and algorithms affect tenant screening decisions and may be driving discriminatory outcomes.

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February

28
2023
Industry News

FTC warns tech: ‘Keep your AI claims in check’

The FTC, fresh off announcing a whole new division taking on “snake oil” in tech, has sent another shot across the bows of the over-eager industry with a sassy warning to “keep your AI claims in check.”

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February

28
2023
Industry News

Ninth Circuit Vacates and Remands $8 Million CFPB Judgment in Lawsuit Against Mortgage Services Company

The Ninth Circuit Court of Appeals recently issued an Order vacating a nearly $8 million judgment won by the Consumer Financial Protection Bureau (CFPB) in its lawsuit against Nationwide Biweekly Administration, Inc. (Nationwide), an Ohio mortgage services company.

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