In a keynote address at the Consumer Federation of America’s 2022 Consumer Assembly, CFPB Deputy Director Zixta Martinez squarely took aim at “rent-a-bank schemes” in some of the first (if not the first) such comments by a senior CFPB official. Historically, the CFPB has confined itself to “true lender” litigation against participants in high-rate programs involving Native American tribal parties (and not banks) already challenged by state enforcement authorities. We view Deputy Director Martinez’s comments as potentially signaling more widespread pursuit of this theory by the CFPB.
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Rochester, N.Y. -- The employees of Continental Service Group, Inc., d/b/a ConServe, in conjunction with the company’s “Matching Gift Program”, donated its May ConServe Cares proceeds to The Humane Society of Greater Rochester/Lollypop Farm. Through their ongoing philanthropic program, ConServe employees can elect to participate in monthly charitable donations, thereby reinforcing ConServe’s outstanding corporate citizenship. Employees not only embrace ConServe’s mission of fostering relationships within our community, but also take pride in doing the right thing, at the right time, the right way.
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CINCINNATI, OH- Recovery Decision Science, LLC (RDS) has acquired the assets and technology of Geist Holdings, Inc. (Geist), a skip trace processing organization that applied proprietary data mining and quantitative analytics to provide unparalleled service finding account holder places of employment.
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