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Mulvaney: BCFP Intends to Define "Abusive" of UDAAP

On Monday, Acting Director Mick Mulvaney of the Bureau of Consumer Financial Protection Bureau (BCFP or Bureau) made remarks at the Mortgage Bankers Association’s annual conference indicating that the Bureau intends to engage in rulemaking to define the term “abusive” in unfair, deceptive or abusive acts or practices (UDAAP).

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ARM-U is coming up fast

insideARM’s FREE compliance webinar series is coming soon - October 23-25 - but space is limited. Check out practical sessions on critical subjects such as payment processing, ACH law, out-of-stat debt and more. But you need to register to save your seat. Register today.


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E.D. Wisconsin: FDCPA Does Not Require Specific Labels for Creditor, Identifying Both Comenity and PayPal is Not Misleading

In a September 30, 2018 decision, the Eastern District of Wisconsin found that there is no specific labelling requirement in the Fair Debt Collection Practices Act (FDCPA) for identifying the creditor and found nothing wrong with listing both PayPal Credit and Comenity Capital Bank in a collection letter in Smith v. Simm Associates, Inc., No. 17-cv-769 (E.D. Wisc. Sept. 30, 2018).

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ARM-U 2018 Fall Semester: A Virtual Conference Series for Collection Industry Professionals

23 October 2018 at 01:00 p.m.

insideARM & the Compliance Professionals Forum present a virtual conference series where industry professionals gather to learn from experts focusing on critical topics & operational pressures. 

Event Details »


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