Articles

Results 1 to 5 of 20
Most popular |Most recent


Third-party claims under the Fair Debt Collection Practices Act

USA - February 12 2014 A recent decision from the Seventh Circuit reminds creditors, including banks, that the provisions of the Fair Debt Collection Practices Act (the…

Do spousal waivers violate Reg B?

USA - January 30 2014 The reach of the Equal Credit Opportunity Act ("ECOA") and Regulation B ("Reg B") has become a popular conversation topic among banking professionals…

CFPB issues policy regarding same-sex marriages

USA - July 29 2014 CFPB Director Richard Cordray recently issued a memorandum clarifying the CFPB's policy with respect to same-sex marriages. The memorandum clarifies…

Collection fees based on percentage of debt violates FDCPA

USA - March 26 2014 For convenience, when collecting a debt, lenders may be tempted to simply add a percentage of the outstanding balance as the collection costs, rather…

Eighth Circuit issues ECOA decision

USA - August 27 2014 The Eighth Circuit recently issued a decision regarding the Equal Credit Opportunity Act ("ECOA") that may change your bank's approach to spousal…