The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.
LAWYERS DISCUSS ‘CONFUSING’ STATE OF FDCPA GUIDANCE IN SECOND CIRCUIT
- A pair of attorneys have conducted an analysis of recent decisions within the Court of Appeals for the Second Circuit, as those decisions relate to the Fair Debt Collection Practices Act, and while they conclude that “almost any debt collection letter is susceptible to claims that it violates FDCPA,” the court does have “ample” opportunity to fix the problem.
FCC UPHOLDS $120 MILLION FINE AGAINST ROBOCALLER WHO MADE 100 MILLION CALLS
- The Federal Communications Commission has upheld a $120 million fine on an individual who made 100 million spoofed robocalls during a three-month period. It is the largest forfeiture ever assessed by the agency. Said Ajit Pai, the FCC’s chairman: “Our decision sends a loud and clear message: this FCC is an active cop on the beat and will throw the book at anyone who violates our spoofing and robocall rules and harms consumers.”
PROTESTERS GATHER IN FRONT OF CFPB TO DENOUNCE STUDENT LENDING REORG AS AGENCY TRIES TO DOWNPLAY MOVE
- Protesters gathered in front of the Bureau of Consumer Financial Protection yesterday, as they sought to voice their opposition to an announced change that critics of the move are saying will weaken the agency’s regulation over student loan lenders and collectors.
IDAHO LAWMAKER PROPOSES COLLECTIONS BILL THAT WOULD BENEFIT HIS LARGEST CONTRIBUTOR
- An interesting situation is brewing in Idaho, where a state lawmaker is being accused of proposing legislation that would help one of his largest campaign contributors, the owner of a healthcare collections firm. State Sen. Tony Potts, a Republican, who proposed the legislation, said the accusations are part of a “witch hunt” orchestrated by his opponent in an upcoming primary election.
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The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.
