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December

23
2022
Industry News

AG Healey Secures $975,000 From Mortgage Company Over Allegations of Unlawful Mortgage Servicing and Debt Collection Practices

BOSTON — A South Carolina mortgage servicing company will pay $975,000 and change its business practices to resolve allegations that the company failed to make required efforts to help homeowners avoid foreclosure and engaged in other unfair debt collection and mortgage servicing practices, Attorney General Maura Healey announced today.

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December

22
2022
Industry News

Illinois App. Court (1st Dist) Rejects Challenge to Foreclosure Affidavit Based on Reliance on Prior Servicer’s Records

The Appellate Court of Illinois, First District, recently upheld a trial court’s order granting a mortgagee’s motion for summary judgment, judgment of foreclosure, sale, and order confirming the foreclosure sale.

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December

22
2022
Industry News

CFPB Orders Servicio UniTeller to Refund Fees and Pay Penalty for Failing to Follow Remittance Rules

WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) issued an order against Servicio UniTeller, an international remittance company, for multiple violations of the requirements governing electronic money transfers, including failing to refund customers after the company made money transfer errors.

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December

22
2022
Trends

U.S. New Vehicle Sales to Fall in December as High Prices Deter Buyers - Report

(Reuters) - U.S. total new vehicle retail sales are expected to decline in December as high vehicle prices and rising borrowing costs pushed consumers to cut back spending, a report from industry consultants J.D. Power-LMC Automotive showed on Wednesday.

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December

22
2022
Industry News

TCPA Turnstile: 2022 Year in Review (TCPA Case Update Vol. 17)

As 2022 comes to a close, we wanted to look back at the most significant Telephone Consumer Protection Act, 47 U.S.C. § 227 (“TCPA”) decisions of the year. While we didn’t see the types of landscape-altering decisions that we saw in 2021, there’s still plenty to take note of. We summarize here the biggest developments since our last update, listed by issue category in alphabetical order.

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