It has been a little over six months since Ohio Revised Code § 1349.72 went into effect—a law that requires holders of junior liens on residential real property to first send a written notice containing specific information...more
10/8/2019
/ Consumer Financial Products ,
Consumer Lenders ,
Debt Collection ,
Default ,
Financial Institutions ,
Financial Regulatory Reform ,
Junior Liens ,
Lienholders ,
Mortgage Servicers ,
Mortgages ,
Notice Requirements ,
Regulatory Requirements
On March 20, 2019 in Obduskey v. McCarthy & Holthus LLP, a unanimous U.S. Supreme Court held that the primary definition of a “debt collector” under the Fair Debt Collection Practices Act (FDCPA) does not apply to an entity...more