OCC reports on Q3 first-lien mortgage performance
The OCC found that there was a 0.1 percent increase in “current and performing” mortgages and a 0.2 percent drop in mortgages that are seriously delinquent from the previous year.
Crypto platform to pay $22 million to resolve NY AG suit
As part of the agreement, the platform is barred from trading securities and commodities in New York or from making its platform available to New York residents.
Illinois adopts regulatory changes as part of Collection Agency Act
Adoption of the new rules will not result in any substantive changes for Illinois Collection Agency licensees but will mirror the previous rules governing collection agencies.
White House convenes on reducing medical debt
The roundtable featured speakers from the president’s council, the CFPB, the Center for Medicare and Medicaid Services, DHHS, the Treasury, and representatives from California, Colorado, and Washington.
New York enacts Fair Medical Debt Reporting Act
The Act specifically prohibits hospitals, health care professionals, and ambulances from reporting medical debt to credit agencies.