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.
SENATE BANKING COMMITTEE SETS HEARING DATE FOR KRANINGER
- The Senate Banking Committee will hold its confirmation hearing for Kathy Kraninger, who has been nominated to be the next director of the Bureau of Consumer Financial Protection, on July 19, according to a published report.
SUPREME COURT TO HEAR ARGUMENTS IN FDCPA CASE RELATED TO NON-JUDICIAL FORECLOSURES
- The Supreme Court has agreed to hear arguments in a Fair Debt Collection Practices Act case related to whether non-judicial foreclosures are covered by the law. Whether the FDCPA applies to non-judicial foreclosure is a divided issue among the Circuit Courts. The potential consequences of the case are far-reaching. There were about 400,00 total foreclosures in 2016, according to a published report, about half of which were non-judicial in nature.
CALIF. AG ANNOUNCES PLAN TO SUE NAVIENT
- Xavier Becerra, the attorney general of California, accounted yesterday that his office is planning to file a lawsuit against Navient Corp. and its debt collection subsidiaries, alleging “misconduct in the servicing and collection of federal student loans.”
MICHIGAN CITY TO HIRE COLLECTION AGENCY TO GO AFTER UNPAID DEBTS
- Commissioners in Bay City, Mich., will vote on Monday to approve a contract with Velo Law Office to help collect $300,000 in unpaid bills, according to a published report.
HEALTHCARE RECEIVABLES SOLUTIONS HAS NEW NAME, NEW LOOK, EXPANDED SERVICES
- Healthcare Receivables Solutions (HRS), a Dallas-based full-service, healthcare revenue cycle management company, is excited to announce its new name, signifying a revitalized rebranding effort which reflects its more expansive audience reach, increased connectivity with customers and wider range of services. The company was formerly known as Hospital Receivables Services.
WORTH NOTING: What a tragedy in Maryland, but congratulations to them for publishing today’s paper … A massive data leak that could affect all Americans … Has the mystery of D.B. Cooper been solved? … It’s decision day for LeBron James … Six things you should never say in a meeting, even if you’re in a bad mood … Reading for pleasure is at an all-time low (reading this counts as pleasurable, right?) … Why it’s getting more expensive to buy a used car … Prioritizing your family over your career may actually be better for your paycheck … The best banks and credit unions in every state … An $18,000 bill for a nap and some formula.
Why you should work out on a squishy air pillow
You know you’re going to watch this and sing along
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.
