February 8, 2023 (Sacramento, CA) – The Receivables Management Association International celebrated its 26th Annual Conference in Las Vegas, February 6-9, 2023. RMAI was pleased to host this popular conference which attracted more than 1,300 attendees this year. RMAI took the opportunity to present its annual awards, recognizing leaders in the receivables management industry.
After falling for five straight weeks, mortgage rates jumped last week, triggering a decline in mortgage demand. Total mortgage application volume fell 7.7% last week, compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
Nine months after Sharon Cravitz underwent a double mastectomy as part of her breast cancer treatment, she received a bill for $2,000 from a company she did not recognize.
On Feb. 9, 2023, in the first substantive decision about the scope of the safe harbor provided under Regulation F for debt collectors using the Consumer Financial Protection Bureau’s model validation notice (MVN), a judge in the U.S. District Court for the Southern District of Florida appears to have decided that the MVN safe harbor provides nearly no cover from consumers’ claims.
February 14, 2023 (SAINT PAUL) — Minnesota Attorney General Keith Ellison announced today that his office has obtained a settlement that requires a California student-loan debt-relief company that illegally collected fees from customers and misrepresented its services to consumers to cease operating in Minnesota and provide full refunds to its Minnesota consumers.
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