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Home Daily Digest

Daily Digest – October 27. Bedard Breaks Down MVN’s Optional Disclosures; Judge Grants MTD in FDCPA Case

mikegibb by mikegibb
October 27, 2021
in Daily Digest
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BEDARD FINISHES ANALYSIS OF MODEL VALIDATION NOTICE’S OPTIONAL DISCLOSURES

  • In the latest episode of “You Wanted a Rule, You Got a Rule,” John Bedard of Bedard Law Group finishes walking through his analysis and breakdown of the eight optional disclosures that collectors are allowed to include on their copies of the Model Validation Notice and still enjoy the safe harbors provided to them under Regulation F from the Consumer Financial Protection Bureau.

JUDGE GRANTS MTD IN FDCPA CASE OVER DISPUTE SENT TO CREDITOR, NOT COLLECTOR

  • A District Court judge in Michigan has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act by contacting the plaintiff after she had disputed the debt in question with the original creditor and for making a “hard inquiry” on her credit report.

CHOPRA: CFPB TO FOCUS ON ‘REPEAT OFFENDERS’

  • The Consumer Financial Protection Bureau is planning to “sharpen its focus on repeat offenders,” specifically those companies that violate agency or federal court orders, Director Rohit Chopra is planning on telling the House Financial Services Committee today, according to a copy of his prepared remarks. Chopra is making stops at the House Financial Services Committee today and Senate Banking Committee tomorrow to answer questions and give a semi-annual report to Congress.

BIDEN NAMES ROSENWORCEL TO TOP FCC POST; NOMINATES SOHN AS COMMISSIONER

  • President Joe Biden yesterday nominated Jessica Rosenworcel to be the next Chair of the Federal Communication Commission and Gigi Sohn to be a Commissioner at the regulator, rounding out the leadership of that agency and all the agencies that oversee portions of the accounts receivable management industry.

WORTH NOTING: When you’re lost, maybe screening your calls isn’t the best idea … Tips to help you carve the most impressive jack-o-lanterns … Was I the only one who thought this was a mid-year April Fool’s joke? … More people are turning to robots for career support … Ringling Bros. and Barnum & Bailey are making a comeback, but without animals … The right way to follow up at every stage of your job search … Things you should buy now for the holidays … Americans are paying 25% more towards their car loans than they were 10 years ago.

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