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Two separate lawsuits accusing Wells Fargo & Co. of engaging in predatory lending and violating the federal Fair Housing Act have been dismissed.
July 21 -
Ashley Madison, an online extramarital dating service that claims to protect users' privacy and security, has had its customer database compromised.
July 20 -
ACA International elected new leaders at its annual meeting.
July 20 -
The Consumer Financial Protection Bureau launched the first in a series of monthly reports to highlight important trends in the consumer complaint data. The monthly report includes data on company performance, complaint volume, state and local information and product trends.
July 20 -
A week has passed since the collections and credit world was turned upside down by the Federal Communications Commission when it issued a Declaratory Ruling and Order regarding the Telephone Consumer Protection Act. Now what?
July 17 -
Consumer Financial Protection Bureau Director Richard Cordray testified Wednesday before the Senate Banking Committee about the release of the Bureaus seventh semi-annual report.
July 16 -
The Minnesota Commerce Department announced Wednesday that collection agency Tucker, Albin and Associates Inc. is facing a $500,000 fine for allegedly harassing and threatening small businesses in the state.
July 16 -
A total of 597,589 U.S. properties with foreclosure filings in the first half of 2015, down 13% from the previous six months and down 3% from the same time period in 2014, according to RealtyTrac's Midyear U.S. Foreclosure Market Report.
July 16 -
ZestFinance in Los Angeles has introduced a loan product for subprime borrowers whose credit scores nearly qualify as prime.
July 15 -
Officials in Maury County, Tenn. will begin working with collection agency Pioneer Credit Recovery to recover an estimated $10 million in debts owed to the county.
July 15 -
Florida Attorney General Pam Bondi is warning consumers about an increase in robocall complaints and, apparently, scams.
July 14 -
The Third Circuit Court of Appeals ruled Monday that debt collectors contacting third parties must prove in Fair Debt Collection Practices Act cases that contact was made solely to find the debtor.
July 14 -
Wisconsin Gov. Scott Walker has vetoed sections of the state budget that would have paved the way for a major expansion of payday lenders' authority.
July 14 -
Regency Financial Services Inc. and its CEO Ivan Levy agreed to a permanent ban on telemarketing and the advertising, marketing or sale of any debt relief products or services.
July 13 -
The Federal Communications Commission on Friday released its Telephone Consumer Protection Act Omnibus Declaratory Ruling and Order, which takes effect immediately.
July 11 -
The operators of a fraudulent collection scheme are banned from debt collections in a settlement of Federal Trade Commission charges that they bilked millions of dollars from Spanish-speaking consumers.
July 9 -
A Liverpool, N.Y. collection agency that allegedly engaged in threatening and abusive practices must close permanently and pay back $400,000 to debtors, according to a court order.
July 9 -
Late payments on home equity credit lines hit their lowest level in more than six years, defying warnings about the looming aftershocks of loose bubble-era lending standards.
July 9 -
JPMorgan Chase has agreed to pay more than $200 million to settle claims by federal and state authorities that the megabank wrongfully collected credit card payments on hundreds of thousands of consumers.
July 8 -
U.S. bankruptcy filings totaled 422,782 during the first six months of the year, a 12% drop from the 479,573 filings reported during the same period last year, according to the American Bankruptcy Institute, using data from by Epiq Systems Inc.
July 8