CLASS ACTION ACCUSES DEFENDANT OF VIOLATING FCPA, TCPA, REG F FOR MAKING TOO MANY CALLS
- The database maintained by Jack Gordon and the team at WebRecon has yielded yet another Regulation F lawsuit, this one a class-action against a company accused of not only violating Reg F, but also the Fair Debt Collection Practices Act and the Telephone Consumer Protection Act by making at least 47 phone calls to an individual’s cell phone — including 22 in one seven-day period alone — without first obtaining the individual’s consent to contact him on his cell phone.
COURT RULES IN FAVOR OF OCC IN ‘VALID WHEN MADE’ SUIT
- A District Court judge in California has sided with the Office of the Comptroller of the Currency, a federal regulator of banks, after it was sued by three states — California, Illinois, and New York — for allegedly overstepping its authority when it issued a rule ensuring the terms of a loan remain valid after the loan has been sold to a non-bank entity, a key component when buying and selling debt portfolios.
TODAY IS THE LAST DAY TO SUBMIT COMMENTS ON NY DFS’S PROPOSED AMENDMENTS TO DEBT COLLECTION REGULATION
- Today is not only St. Valentine’s Day, but it is also the last day to submit comments to the New York Department of Financial Services to let them know what you think of their proposed amendments to the state’s debt collection regulations.
COMPLIANCE DIGEST – EXPERT ANALYSIS ON COURT RULINGS & MORE
- Each week, attorneys and compliance experts from across the industry are asked to share their opinions, insights, and perspectives on the rulings and laws that are shaping how debts are collected. This week, you have the pleasure of reading what David Kaminski, Christopher Morris, Carlos Ortiz, Monica Littman, Jonathan Hoffmann, Helen Mac Murray, David Schultz, and Dale Golden have to say.
WORTH NOTING: The best — and worst — commercials from last night’s Super Bowl … People who live close to SoFi Stadium tried to make the most out of the opportunity last night … Whether you should keep wearing a mask or not as mandates are being rolled back … A list of 10 cities that will pay you to move there … The best leadership skill you can develop right now … Consumers are getting caught in a price battle between dealers and carmakers … Are you and your partner a good financial fit? … I grew up just a few minutes from this bridge … What did you think of the half-time show?
How gratitude rewires your brain
Music Monday
The Daily Digest is sponsored by TCN. Today, contact centers need to do more with less. TCN’s cloud-based predictive dialing tools and services help clients to leverage the most sophisticated inbound, outbound, and blended calling technologies available. TCN’s award-winning platform offers multiple features to assist in compliance while improving performance with no hardware, no monthly minimums, or maintenance fees. Call 866-745-1900 or visit tcn.com today.
