In a unanimous Declaratory Ruling and Order (Order) issued on November 21, 2022, the Federal Communications Commission (FCC) found that a “ringless voicemail,” which delivers a message directly to a consumer’s voicemail, constitutes a “call” under the Telephone Consumer Protection Act (TCPA).1
Consumer Financial Protection Bureau Director Rohit Chopra will testify in two hearings on Capitol Hill this week, starting with the House Financial Services Committee (HFSC).
The CFPB will distribute over $95 million in redress to over 87,000 consumers harmed by Consumer Advocacy Center Inc., d/b/a Premier Student Loan Center, and related companies (Premier). Premier operated its student loan debt relief enterprise through multiple corporate entities and under multiple names, including co-defendants True Count Staffing Inc., d/b/a SL Account Management; and Prime Consulting LLC, d/b/a Financial Preparation Services.
On December 1, the Connecticut Department of Banking issued a cease and desist order to the Law Offices of David M. Katz mandating the law firm cease conducting collection activities in the state without a license. The law firm was also fined $100,000, the maximum allowed by law.
– The Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Agency (FHFA) today published updated loan-level data for public use collected through the National Survey of Mortgage Originations (NSMO). The data also provide updated mortgage performance and credit information for a nationally representative sample of mortgage borrowers from 2013 to 2020.
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