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.

November

28
2022
Industry News

CFPB Releases Analysis of Consumer Complaints Related to Crypto-Assets

Pointing to a growth in consumer complaints related to crypto-assets, on November 10th, 2022, the Consumer Financial Protection Bureau (the “CFPB”) released a Complaint Bulletin, which analyzed in excess of 8,300 consumer complaints that the CFPB had received related to crypto-assets.

Read post

November

28
2022
Industry News

Here Are Mortgage Rates for Nov. 28, 2022: Rates Decrease

Some important mortgage rates tailed off over the last week, though rates are generally expected to rise this year. If you're shopping for a mortgage, see how your future mortgage payments could be affected by interest rate hikes.

Read post

November

23
2022
Industry News

Governor Hochul Signs Legislation to Protect Patients with Medical Debt | Governor Kathy Hochul

Governor Kathy Hochul today signed legislation (S.6522A/A.7363A) to protect patients facing steep medical bills that can lead to wage garnishment or liens against their property.

Read post

November

23
2022
Industry News

Citigroup faulted by U.S. banking regulators for poor data management in 'living will' review

Citigroup needs to address weaknesses in how it manages financial data, according to a review of the biggest banks’ so-called living will plans, U.S. banking regulators said Wednesday.

Read post

November

23
2022
Industry News

FCC Rule for Blocking Overseas Robocalls Receives Approval

The Office of Management and Budget has signed off on a Federal Communications Commission rule requiring gateway providers to block calls on a “do-not-originate list,” part of the agency’s May report and order designed to block overseas robocalls from reaching U.S. phones, according to a Federal Register notice published on Nov. 18.

Read post

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.