ACTING CFPB DIRECTOR LAYS OUT PRIORITIES, WILL TAKE AGENCY IN DIRECTIONS ‘ROHIT WOULD WANT’
- While not a lot may be known about Dave Uejio, the acting director of the Consumer Financial Protection Bureau, he is not looking to just keep the director’s seat warm for Rohit Chopra, who has been tapped by President Biden to be the next director of the agency, according to a published report. But any decision that Uejio said he will make will be ones that are in “directions that Rohit would want to take the bureau,” according to the report.
JUDGE GRANTS MTD IN FDCPA CASE OVER DIFFERENT INTERNAL ACCOUNT NUMBERS IN COLLECTION LETTERS
- A District Court judge in Indiana has granted a defendant’s motion to dismiss after it was sued for violating the Fair Debt Collection Practices Act because the internal account numbers it referenced in two collection letters — seeking to collect the same debt owed to the same creditor — were different.
WASHINGTON AG PROPOSED INCREASING CONSUMER PROTECTION ACT FINES BY 500%
- The Attorney General of Washington state is seeking to increase the penalty for violating the state’s consumer protection act by more than 500%, claiming that the increase is overdue because the fine limit has not been increased since the state law went into effect five decades ago.
KELLY FEOLI PROMOTED TO EVP, OPERATIONS AT MRS
- MRS is pleased to announce that Kelly Feoli has been promoted to Executive Vice President of Operations, assuming responsibility for all third party operations as well as overseeing the Training Department and joining MRS’s Executive team.
GUEST POST: PANDEMIC HEIGHTENS IMPORTANCE OF VENDOR OVERSIGHT
- When the pandemic hit, we as an industry first looked inward ensuring the safety of our staff and their families and then towards making sure that they could securely and effectively operate remotely. BCP plans were put to the test and most rewritten.
READ EXPERT PERSPECTIVES ON TRENDING COMPLIANCE TOPICS
- Click here to read this week’s Compliance Digest. You’ll get insights and opinions from seven different compliance experts — Xerxes Martin, Virginia Bell Flynn, Mitch Williamson, Lauren Burnette, Stacy Rodriguez, Sarah DeMoss, and Makyla Moody — discussing the impact of recent court cases and legislative updates. You’re not going to get that kind of varied perspective anywhere else. The Compliance Digest is sponsored by The Bedard Law Group.
WORTH NOTING: Tips to help you practice social distancing … Sarah Sanders, President Trump’s former press secretary and the daughter of former Arkansas Governor Mike Huckabee, is going to run for governor of Arkansas … RV sales are soaring during the pandemic … The chicken sandwich war is heating up … What happens if you sleep with your contacts in … You can soon find vaccination sites on Google Maps … How to back up your most important emails … The COVID-19 pandemic is going to cause a lot of homelessness, researchers are predicting … The best movie portrayals of U.S. presidents.
Common myths believed to be facts
Music Monday
The Daily Digest is sponsored by Prodigal. Prodigal is bringing the power of AI and machine learning to lenders, creditors and collection agencies. Prodigal’s world class speech recognition software, monitors every call for compliance and collector performance with its AI trained for optimal accuracy and actionable results. Prodigal unlocks hidden value in a collection contact centre’s vast corpus of unstructured audio data by making it searchable and enabling them to improve compliance, increase operational efficiency and win new clients.
ACTING CFPB DIRECTOR LAYS OUT PRIORITIES, WILL TAKE AGENCY IN DIRECTIONS ‘ROHIT WOULD WANT’
- While not a lot may be known about Dave Uejio, the acting director of the Consumer Financial Protection Bureau, he is not looking to just keep the director’s seat warm for Rohit Chopra, who has been tapped by President Biden to be the next director of the agency, according to a published report. But any decision that Uejio said he will make will be ones that are in “directions that Rohit would want to take the bureau,” according to the report.
JUDGE GRANTS MTD IN FDCPA CASE OVER DIFFERENT INTERNAL ACCOUNT NUMBERS IN COLLECTION LETTERS
- A District Court judge in Indiana has granted a defendant’s motion to dismiss after it was sued for violating the Fair Debt Collection Practices Act because the internal account numbers it referenced in two collection letters — seeking to collect the same debt owed to the same creditor — were different.
WASHINGTON AG PROPOSED INCREASING CONSUMER PROTECTION ACT FINES BY 500%
- The Attorney General of Washington state is seeking to increase the penalty for violating the state’s consumer protection act by more than 500%, claiming that the increase is overdue because the fine limit has not been increased since the state law went into effect five decades ago.
KELLY FEOLI PROMOTED TO EVP, OPERATIONS AT MRS
- MRS is pleased to announce that Kelly Feoli has been promoted to Executive Vice President of Operations, assuming responsibility for all third party operations as well as overseeing the Training Department and joining MRS’s Executive team.
GUEST POST: PANDEMIC HEIGHTENS IMPORTANCE OF VENDOR OVERSIGHT
- When the pandemic hit, we as an industry first looked inward ensuring the safety of our staff and their families and then towards making sure that they could securely and effectively operate remotely. BCP plans were put to the test and most rewritten.
READ EXPERT PERSPECTIVES ON TRENDING COMPLIANCE TOPICS
- Click here to read this week’s Compliance Digest. You’ll get insights and opinions from seven different compliance experts — Xerxes Martin, Virginia Bell Flynn, Mitch Williamson, Lauren Burnette, Stacy Rodriguez, Sarah DeMoss, and Makyla Moody — discussing the impact of recent court cases and legislative updates. You’re not going to get that kind of varied perspective anywhere else. The Compliance Digest is sponsored by The Bedard Law Group.
WORTH NOTING: Tips to help you practice social distancing … Sarah Sanders, President Trump’s former press secretary and the daughter of former Arkansas Governor Mike Huckabee, is going to run for governor of Arkansas … RV sales are soaring during the pandemic … The chicken sandwich war is heating up … What happens if you sleep with your contacts in … You can soon find vaccination sites on Google Maps … How to back up your most important emails … The COVID-19 pandemic is going to cause a lot of homelessness, researchers are predicting … The best movie portrayals of U.S. presidents.
Common myths believed to be facts
Music Monday
The Daily Digest is sponsored by Prodigal. Prodigal is bringing the power of AI and machine learning to lenders, creditors and collection agencies. Prodigal’s world class speech recognition software, monitors every call for compliance and collector performance with its AI trained for optimal accuracy and actionable results. Prodigal unlocks hidden value in a collection contact centre’s vast corpus of unstructured audio data by making it searchable and enabling them to improve compliance, increase operational efficiency and win new clients.
