News & Analysis as of

Fair Debt Collection Practices Act Financial Institutions Reform Recovery Enforcement Act

Alston & Bird

These Developments Will Change How Lenders and Servicers Do Business

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Our Financial Services & Products Group explores the effects lenders and servicers could face in the wake of new rules on real-estate-related transactions, a Third Circuit decision that creates uncertainly for FDCPA...more

Nutter McClennen & Fish LLP

Nutter Bank Report, June 2017

Supreme Court: Bank That Buys Debt for Its Own Account Is Not Debt Collector - The U.S. Supreme Court recently held that a bank that collects on debts it has bought and holds “for its own account” is not a debt collector...more

Goodwin

National Mortgage Lender Settles False Claims Act Allegations for $48 Million

Goodwin on

On December 28, the U.S. Department of Justice (DOJ) announced a $48 million settlement with a national mortgage lender, resolving allegations that the lender violated the False Claims Act by underwriting and endorsing...more

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