CFPB Details the Debt Struggle
The Bureau stated that it has been “prioritizing activities” aimed at protecting the stability of the financial sector. The post CFPB Details the Debt Struggle…
Category: debt
Supreme Court Rules on TCPA, Robocalls
The Supreme Court invalidated a 2015 amendment to the Telephone Consumer Protection Act, ruling it violated the first amendment. The post Supreme Court Rules on…
Reshaping Debt Collection
The CFPB plans to propose new regulations this fall in response to the COVID-19 pandemic. The post Reshaping Debt Collection appeared first on DSNews.
Servicing Experts Talk Forbearance Practices
With the total number of borrowers in forbearance expected to hit between and 9 million, here’s how servicers can themselves and their customers ready for…
House Committee Proposes Debt Collection Prevention
The proposed legislation also includes a ban on foreclosure and debt collection as well as direct payments. The post House Committee Proposes Debt Collection Prevention…
Bracing for Household Debt Spikes
US household debt per capita, including mortgage debt, hit the all-time high in Q4 2019, but here’s how many American loans were non-performing. The post…
Did the Great Recession Change the Mortgage Industry?
New analysis says lenders are still approving loans to borrowers—especially ones with mounting debt. The post Did the Great Recession Change the Mortgage Industry? appeared…
Mortgage Debt Increases in Q4
According to a study from the New York Fed, as mortgage debt has increased, delinquencies have not. The post Mortgage Debt Increases in Q4 appeared…