Like most industries today, Consumer Finance Services businesses are significantly impacted by the novel coronavirus (COVID-19). In response, Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients...more
9/30/2020
/ Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Debt Collection ,
Department of Labor (DOL) ,
Department of Veterans Affairs ,
Families First Coronavirus Response Act (FFCRA) ,
Federal Trade Commission (FTC) ,
Financial Institutions ,
Financial Services Industry ,
Lenders ,
NIST ,
State Banks ,
U.S. Commerce Department
Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients...more
9/16/2020
/ Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Lenders ,
Criminal Convictions ,
Criminal Prosecution ,
Cybersecurity ,
Debt Collection ,
Department of Financial Services ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
State Attorneys General
The Second Circuit Court of Appeals recently issued an opinion affirming the dismissal of a lawsuit because a debt collector’s failure to use the FDCPA’s precise language in its validation notice is not a violation of the...more
Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients...more
8/25/2020
/ Banking Sector ,
CARES Act ,
Coronavirus/COVID-19 ,
Cybersecurity Information Sharing Act (CISA) ,
Debt Collection ,
Eviction ,
FDA Warning Letters ,
Federal Reserve ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
ICPEN ,
Moratorium ,
Mortgage Lenders ,
NASAA ,
Politically Exposed Person (PEPs) ,
Servicemembers Civil Relief Act (SCRA) ,
USPS
In a 9-3 vote earlier this month, the California Assembly Banking and Finance Committee approved legislation requiring a license for debt collectors and debt buyers, entitled the Debt Collection Licensing Act (SB 908) (DCLA)....more