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Home Daily Digest

Daily Digest – April 16. Some Final Thoughts, and Photos, From RMAI; Judge Grants MSJ for Defense in FDCPA Dispute Case

mikegibb by mikegibb
April 16, 2021
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SOME FINAL THOUGHTS — AND PHOTOS — FROM RMAI’S CONFERENCE

  • Perhaps the most telling comment I can make about how the annual conference hosted by Receivables Management Association International (RMAI) went these past few days is the number of times I heard people asking one another, “So, what is the next conference you’re going to?”

JUDGE GRANTS MSJ FOR DEFENSE UNDER BFE IN FDCPA DISPUTE CASE

  • What do you do when you receive a letter disputing a debt, but when you check your records, you have more than 600 individuals with the same name in your system? Sometimes, you don’t mark the right accounts with the dispute notification. But, if you have the proper policies and procedures in place, you can use the Fair Debt Collection Practices Act’s bona fide error defense, and that’s just how one defendant was able to obtain a summary judgment ruling in a lawsuit that was filed against it in Wisconsin.

PROPOSAL RELEASED TO STANDARDIZE, MODERNIZE LICENSING PROCESS

  • The Conference of State Bank Supervisors has issued a set of proposed requirements aimed at developing a standardized approach to the state licensing process for nonbank financial regulatory entities.

RMAI HONORS OUTSTANDING MEMBER AND EXECUTIVE DIRECTOR

  • Against all odds, the Receivables Management Association International held its 2021 Annual Conference in Las Vegas, April 12-25, 2021. With more than 500 in-person attendees and more than 150 virtual attendees, leaders from RMAI capitalized on the event by honoring an outstanding member and RMAI’s executive director.

WORTH NOTING: Fans of garden gnomes are scrambling to find their beloved statues … A tragedy overnight at a Fedex facility in Indianapolis … How a thermometer in a fish tank led to a casino getting hacked … You can get free beer if you get the COVID-19 vaccine … If you need to rent a suit for a day, you can do it for free here … Moms are having a tough time getting back into the workforce … Looking ahead to the new MLS season, which kicks off this weekend … The former home of Mister Rogers is for sale in Pittsburgh.

Financial tips from Barbara Corcoran

Funny Friday

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