CFPB ANNOUNCES NOV. 30 EFFECTIVE DATE FOR REGULATION F
- The Consumer Financial Protection Bureau announced on Friday that Regulation F will go into effect on November 30 as originally planned and will not delay the effective date of the rule until January 2022.
JUDGE GRANTS DEFENDANT’S MOTION FOR SANCTIONS IN FDCPA CASE
- A District Court judge in Mississippi has granted a defendant’s motion for sanctions and ordered the plaintiff’s attorneys to repay the defendant for 16 months of legal fees in a Fair Debt Collection Practices Act case.
JUDGE GRANTS PETITION FROM CFPB TO ENFORCE $50M ORDER AGAINST PAYDAY LENDER, CEO
- A District Court judge in Kansas has granted a petition from the Consumer Financial Protection Bureau to enforce an administrative order that assessed more than $50 million in fines and restitution against an online lender and its chief executive, even though the order has been appealed to the Court of Appeals for the Tenth Circuit.
THE RENT IS ABOUT TO COME DUE FOR MILLIONS OF RENTERS. WHAT THAT MEANS FOR THE ARM INDUSTRY
- It is possible that the surge in payments that many companies in the accounts receivable management industry have seen and received since the COVID-19 pandemic hit the United States nearly 17 months ago may likely be on the brink of ending, coinciding with the expiration of a moratorium on evictions that occurred yesterday. Now, $21 billion in unpaid rent is about to come due, and there are concerns about the impact that the end of the eviction moratorium will have on the economy and consumers across the country, at a time when the numbers of those testing positive for COVID-19 is back on the rise.
READ EXPERT PERSPECTIVES ON TRENDING COMPLIANCE TOPICS
- Click here to read this week’s Compliance Digest. You’ll get insights and opinions from five different compliance experts — Michael Klutho, Carlos Ortiz, Virginia Bell Flynn, David Schultz, and Jason Tompkins — 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: What the Secretary of Education said about students attending class this Fall … How parents are reacting to mask guidance for students issued by the Centers for Disease Control and Prevention (CDC) … Three must-have soft skills for the hybrid workplace … One more reason not to live in California … How what happened in Provincetown, Mass., led the CDC to change its mask guidance … What 1,700-year-old fruit baskets look like … What some countries are offering to athletes who win Olympic medals … About 8 million people are about to lose extra unemployment benefits in the next month.
Proof of evolution you can find on your body
Music Monday
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