DFPI shares trends in consumer crypto complaints
DFPI also shared tips on how consumers can protect themselves against scams, noting that “if it seems too good to be true, it probably is.”
DFPI issues desist and refrain order against investment firm
The California Division of Financial Protection and Innovation alleges the firm made false representations and material omissions to investors.
CFPB report on FDCPA highlights medical debt collection issues
The annual Fair Debt Collection Practices Act report emphasized collectors may violate federal law when they pursue inaccurate medical bills.
FHFA announces increases in 2024 conforming loan limits
According to the FHFA, due to rising home values (up 5.56 percent since 2022), CLLs will be higher for all but five U.S. counties.
VA asks for foreclosure pause, extends Covid-19 Refund Modification program
The Department of Veterans Affairs hopes to delay foreclosures as it readies the launch of the VA Servicing Purchase program.
Mass. settles with rent-to-own company for unfair debt collection practices
The company agreed to pay $8.75 million and cease filing criminal complaints against customers as a debt collection tool.
Nevada Adds Student Loan Servicer License to NMLS Dec. 1 [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.
Maine Adds New Consumer Finance Licenses to NMLS Dec. 1 [nmls.org]
Learn more about this topic and others in the NMLS Resource Center.