By now, most of our readers have heard that on May 16, 2024, the U.S. Supreme Court (SCOTUS) ruled that the funding structure of the Consumer Financial Protection Bureau (CFPB) does not violate the Constitution. In a prepared statement released on May 17, 2024, Director Chopra laid out what he thinks the SCOTUS opinion means for the CFPB and its focus, but what does this really mean for your organization? Will it impact your day-to-day business? What should ARM industry participants look out for in the future? In addition to covering Director Chopra's plans, we’ll answer those and some other Frequently Asked Questions.
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The ARM industry is never short on surprises. This past week was a perfect example of that and shows how difficult it can be to keep up with the big news and changes week in and week out. That’s why we at insideARM aim to bring you only the biggest stories that we feel you need to know about. Last week we brought you breaking news on the CFPB’s Late Fee Rule and an important Supreme Court ruling on the CFPB's funding structre, as well as advice on how to handle the aftermath of regulatory examinations, and a surprising development out California. Read on for a breakdown of last week's news and why we think you need to know about it!
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ATLANTA, Ga. -- RNN Group, a leading provider of advanced data solutions within the receivables management industry, today announced the appointment of Autumn V. Bloom as Vice President of Operations. Ms. Bloom brings over two decades of strategic leadership to the role, with a proven record of operational excellence, innovation, and dedication to compliance.
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