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Debt Collection Robo-Signing

Ballard Spahr LLP

State AGs enter into settlement with debt buyer to resolve robosigning allegations

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The Attorneys General of 42 states and the District of Columbia (collectively, the States) have entered into an Assurance of Voluntary Compliance/Assurance of Discontinuance (Agreement) with Encore Capital Group, Inc. and its...more

Morrison & Foerster LLP

Financial Services Report - Fall 2014

In This Issue: - Beltway Report - Bureau Report - Mobile and Emerging Payments Report - Mortgage and Fair Lending Report - Operations Report - Preemption Report - Privacy...more

Ballard Spahr LLP

Mortgage Banking Update - March 21, 2013

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In This Issue: - Uniform State Test Implementation Nearing - Mortgage Servicer's Alleged Failure To Be Licensed Subjects Company to Claims under State and Federal Debt Collection Statutes - Sixth Circuit...more

Ballard Spahr LLP

Sixth Circuit Rejects Nationwide Settlement of Robo-Signing Class Actions

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A nationwide settlement of three class actions involving claims that a creditor’s practice of using “robo-signed” affidavits in debt collection actions violated the Fair Debt Collection Practices Act (FDCPA) has been...more

BakerHostetler

Disproportionately Favoring the Named Plaintiffs Kills Settlement, Says Sixth Circuit

BakerHostetler on

The Sixth Circuit recently limited defendants’ ability to craft settlements that disproportionately favor the class representatives. Vassalle v. Midland Funding LLC, — F.3d –, 2013 WL 673517 (6th Cir. Feb. 26, 2013). Though...more

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