The Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac will be extending foreclosure moratoriums on single-family foreclosures and real estate-owned evictions until Feb. 28, 2021. Current moratoriums were scheduled to expire on Jan. 31, 2021. As the … Continue reading →
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U.K. debt collectors want the government to give them a bigger role in recovering the debts from the 44-billion-pound (about $60 billion) business rescue program, the Financial Times (FT) reported. The Treasury has faced questions as of late over how … Continue reading →
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Frustrated desperate young woman in eyeglasses touching forehead, looking through banking credit … [+] termination, having financial problems, reading refusal document, feeling depressed alone at home. getty Medical bills have long been a source of stress for Americans, especially … Continue reading →
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Santa Fe, NM—Attorney General Hector Balderas today issued an advisory to New Mexicans warning them about predatory debt collection practices from companies that attempt a variety of tactics to prey on New Mexican consumers. These practices include attempts to collect … Continue reading →
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Senator Elizabeth Warren, a Democrat from Massachusetts, speaks as House Majority Whip James Clyburn, a Democrat from South Carolina, right, listens during a news conference on cancelling student loan debt in Washington, D.C., U.S., on Tuesday, July 23, 2019. The … Continue reading →
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Northwell Health, New York’s largest health system, reportedly sued 2,500 patients over unpaid medical bills during the coronavirus pandemic. Northwell Health, New York’s largest health system, sued 2,500 patients last year over unpaid medical debt, The New York Times reported. … Continue reading →
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PHILADELPHIA (KYW Newsradio) — College students and recent college graduates are getting an end of the year gift. Student loans that had been placed on hold through the pandemic were expected to come due on December 31. Now that deadline … Continue reading →
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When it comes to the TCPA, assumptions don’t just make a donkey out of you and me—they can make YOU quite broke. Consider the recent NIGHTMARE decision in Ramsey v. Receivables Performance Mgmt., LLC, Case No. 1:16-cv-1059, 2020 U.S. Dist. … Continue reading →
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WASHINGTON — On Dec. 11, 2020, the Consumer Financial Protection Bureau and the Arkansas Attorney General settled with Alder Holdings, resolving allegations that Alder failed to provide proper notices under the Fair Credit Reporting Act (FCRA). The Utah-based home security … Continue reading →
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Interchange fees that banks charge to process card transactions have long been a significant and growing burden, driving up costs for merchants and, ultimately, prices for consumers. But the coronavirus pandemic has only exacerbated the problem and widened cracks in … Continue reading →
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