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FTC Issues Annual ECOA Report to CFPB

The FTC recently sent its annual letter to the CFPB reporting on the FTC’s activities related to the Equal Credit Opportunity Act (ECOA) and Regulation B.  The new letter reports on the FTC’s activities in 2022.  The Bureau includes the FTC’s annual letter in its own annual report to Congress on the ECOA.

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[Webinar] Effective Ways to Streamline Your Audit Process

February 28 at 2pm ET. Handling more with less is crucial for compliance professionals. Constantly changing laws, rules and regulations plus increased client requirements can make the job of keeping your company safe daunting. How can compliance professionals keep up when there are only so many hours in a day, and adding staff isn’t always an available option? Since internal auditing is a must in today’s regulatory environment, finding ways to streamline your audit process is a good way to start. Reducing the time spent on audits, will free up time to meet other compliance challenges. Register now.
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Marc Savage Joins Harvest Strategy Group Board of Directors

DENVER, Colo. -- Harvest Strategy Group, Inc. (Harvest) announces the addition of Marc Savage to its Board of Directors.

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The Two New Yorks and Their Proposed Debt Collection Rules

The New York Department of Financial Services and the New York City Department of Consumer and Worker Protection are simultaneously engaged in amending their consumer debt collection rules. While the DFS rulemaking has been underway for nearly two years, the DCWP began its efforts last fall.

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CRC to NY DFS: Proposed Rules Harm Consumers; Conflict with Existing Law

The New York Department of Financial Services (NY DFS) has continued its years-long process to update its debt collection regulations. According to the Consumer Relations Consortium (CRC), however, the current version of the proposal conflicts with existing law, oversimplifies the statute of limitations, and harms consumers by depriving them of their preferred communication channel and prohibiting the use of the charge-off date on certain types of accounts.

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Florida Federal Court Emphasizes Legal Disputes Do Not Give Rise to a Private Right of Action Against Furnishers

The Middle District of Florida rounded out 2022 by ruling in conformance with Eleventh Circuit precedent that plaintiffs must have a factual, rather than legal, dispute to bring suit against a credit furnisher under §1681s-2b of the Fair Credit Reporting Act (FCRA).

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ConServe Named as an APEX Award Winner for Workplace Development Programs

ROCHESTER, N.Y. -- Continental Service Group, Inc., d/b/a ConServe, announces that they have once again earned a spot on Training magazine’s, 2023 Training APEX Awards.  The Training APEX Awards ranking is determined by assessing a range of qualitative and quantitative factors, including financial investment in employee development, the scope of development programs, how closely such development efforts are linked to business goals and objectives, and their effectiveness in terms of business impact.

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Women in Consumer Finance 2023

11 December 2023 at 08:00 a.m.

Become a part of the industry's most dynamic and influential annual meet-up, where attendees build real friendships and re-energize careers, when you attend Women in Consumer Finance 2023, December 11-13, 2022 in Palm Springs, CA. 

Registration is now open!

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