DBA International is a nonprofit trade association and the voice of the debt buying industry. http://www.dbainternational.org en-us The National Labor Relations Board (NLRB) has filed a petition with the Supreme Court to hear arguments in the Noel Canning case, which could be used to invalidate Richard Cordray’s appointment as CFPB Director. http://www.nlrb.gov/sites/default/files/documents/5142/nlrb_v_noel_canning_pet.pdf http://www.nlrb.gov/sites/default/files/documents/5142/nlrb_v_noel_canning_pet.pdf Fri, 26 Apr 2013 07:59 PST DBA has assembled photos, presentation slides and audio recordings from many of the programs and discussions on the 2013 Conference agenda. http://www.dbainternational.org/events/annual-conference/2013/2013conference_av.asp http://www.dbainternational.org/events/annual-conference/2013/2013conference_av.asp Tue, 5 Mar 2013 10:10 PST If it stands, a U.S. Court of Appeals Ruling on the constitutionality of NLRB appointments without Senate confirmation may invalidate Cordray’s appointment and all of the CFPB’s activities during the past year under Cordray’s leadership, including all CFPB rules and non-bank supervision. http://www.washingtonpost.com/blogs/post-politics/wp/2013/01/25/court-obama-nlrb-recess-appointments-unconstitutional/ http://www.washingtonpost.com/blogs/post-politics/wp/2013/01/25/court-obama-nlrb-recess-appointments-unconstitutional/ Fri, 25 January 2013 11:04 PST Professional and Standard members of DBA can now vote for the 2013 board candidates as well as proposed changes to the bylaws. Voting will conclude on February 6, 2013 at the annual conference in Law Vegas. http://www.dbainternational.org/members_only/leadership/2013BODcandidates.asp http://www.dbainternational.org/members_only/leadership/2013BODcandidates.asp Mon, 14 January 2013 07:54 PST The CFPB has released its regulatory agenda for the period October 1, 2012 through October 1, 2013. The agenda covers rulemaking topics that the CFPB "reasonably anticipates" being under consideration during that time period. The CFPB did not identified any FDCPA rulemakings in the document, but indicated that it will continue to issue rules to define larger participants in additional consumer financial markets. https://s3.amazonaws.com/public-inspection.federalregister.gov/2012-31512.pdf https://s3.amazonaws.com/public-inspection.federalregister.gov/2012-31512.pdf Tue, 8 January 2013 09:14 PST A federal judge Wednesday sided with a collection attorney and other plaintiffs in ruling that the New York City Department of Consumer Affairs has no authority to regulate lawyers’ conduct. http://www.insidearm.com/daily/debt-buying-topics/debt-buying/arm-attorneys-win-case-challenging-new-york-city-collection-law/ http://www.insidearm.com/daily/debt-buying-topics/debt-buying/arm-attorneys-win-case-challenging-new-york-city-collection-law/ Fri, 5 October 2012 09:14 PST The CFPB will be hosting a one-hour webinar about its consumer complaint system on Friday, September 7th from 3-4pm EDT. The webinar will cover how complaints are taken, their lifecycle through the resolution process, and observations from the CFPB’s Consumer Complaint Database. https://www.dbainternational.org/members_only/cfpb.asp https://www.dbainternational.org/members_only/cfpb.asp Thu, 30 August 2012 09:54 PST The FTC, CFPB and DOJ have filed an amicus brief in a case to determine whether consumers should be liable to cover the litigation costs of a debt collection company after losing a case brought under the FDCPA. http://www.ftc.gov/opa/2012/08/amicus.shtm http://www.ftc.gov/opa/2012/08/amicus.shtm Thu, 16 August 2012 08:44 PST DBA International recently completed a study of Federal Trade Commission (FTC) complaint logs based on an analysis of all collected data from 2011. The FTC data, when analyzed, demonstrates that the entire credit and collections industry is performing at a very high service level based on the percentage of complaints. http://www.dbainternational.org/news/ftc_complaintdata.asp http://www.dbainternational.org/news/ftc_complaintdata.asp Mon, 30 July 2012 07:24 PST Among other things, the report criticizes the practice (prior to the 2008 financial crisis) of lenders selling off student loans that they originate and not keeping any “skin in the game” as to whether the student repays the debt. http://files.consumerfinance.gov/f/201207_cfpb_Reports_Private-Student-Loans.pdf http://files.consumerfinance.gov/f/201207_cfpb_Reports_Private-Student-Loans.pdf Thu, 19 July 2012 08:44 PST The CFPB announced its first public enforcement action with an order requiring Capital One Bank to refund approximately $140 million to two million customers and pay an additional $25 million penalty. http://www.dbainternational.org/news/cfpb_capitalone.pdf http://www.dbainternational.org/news/cfpb_capitalone.pdf Wed, 18 July 2012 07:23 PST The July issue of DBA International's e-newsletter, Asset Insights, is now available. http://www.dbainternational.org/members_only/newsletters/Asset_Insights/2012/july/index.asp http://www.dbainternational.org/members_only/newsletters/Asset_Insights/2012/july/index.asp Mon, 9 July 2012 07:39 PST The CFPB acknowledges that it is not attempting to mediate every consumer complaint, and instead is focusing on "patterns" of consumer complaints and/or non-responsive companies. http://www.usatoday.com/money/industries/banking/story/2012-06-13/consumer-complaints-federal-agency/55585526/1 http://www.usatoday.com/money/industries/banking/story/2012-06-13/consumer-complaints-federal-agency/55585526/1 Thu, 14 June 2012 08:44 PST The Federal Communications Commission (FCC) issues the final rule implementing the Telephone Consumer Protection Act (TCPA). http://www.dbainternational.org/news/FCC_TCPAfinalrule_061112.asp http://www.dbainternational.org/news/FCC_TCPAfinalrule_061112.asp Tue, 12 June 2012 07:23 PST The CFPB released the text of three final rules and one interim final rule regarding enforcement procedures relating to CFPB investigations, adjudications, procedures for states to notify the CFPB of enforcement actions, and procedures for prevailing parties to recover attorney’s fees. http://www.dbainternational.org/news/cfpb_enfprocedures.asp http://www.dbainternational.org/news/cfpb_enfprocedures.asp Thu, 7 June 2012 07:13 PST The CFPB has entered into a Memorandum of Understanding (MOU) with the other federal prudential regulatory agencies with regard to coordinating their supervisory activities required under the Dodd-Frank Act. The MOU applies only to the supervision of depository institutions with more than $10 billion in assets and their affiliates. The MOU does not apply to the supervision of non-depository institutions, such as debt buyers. http://www.dbainternational.org/news/cfpb_mou_060412.asp http://www.dbainternational.org/news/cfpb_mou_060412.asp Tue, 5 June 2012 09:23 PST The CFPB published a proposed rule in the Federal Register that would establish the procedures the CFPB will use to make a determination that a nonbank covered person poses a risk to consumers and should be subject to the CFPB’s supervisory authority. http://www.dbainternational.org/news/cfpb_nonbanksupervision.asp http://www.dbainternational.org/news/cfpb_nonbanksupervision.asp Fri, 25 May 2012 08:33 PST U.S. Rep. Barney Frank (D-MA) reintroduced legislation on May 17, 2012 to exempt debt collectors from liability when leaving voice mail messages. http://www.dbainternational.org/members_only/legislative/bills/bills.asp http://www.dbainternational.org/members_only/legislative/bills/bills.asp Mon, 21 May 2012 09:23 PST Rep. Blaine Luetkemeyer (R-MO) introduced the GLB annual privacy notice bill as H.R. 5817, which would amend the Gramm-Leach-Bliley Act to provide an exception to the annual privacy notice requirement. http://www.dbainternational.org/news/luetkemeyer_hr5817.asp http://www.dbainternational.org/news/luetkemeyer_hr5817.asp Fri, 18 May 2012 08:03 PST The Federal Trade Commission has issued an advisory opinion on the application of the “Holder in Due Course” rule allowing consumers that have an affirmative defense against an originating creditor to raise those same defenses against subsequent holders of a debt. http://www.dbainternational.org/news/ftc_holderrule.asp http://www.dbainternational.org/news/ftc_holderrule.asp Fri, 11 May 2012 13:12 PST Arizona Governor Jan Brewer signed House Bill 2664 into law to provide much needed clarity concerning what is needed to establish liability on a credit card account in the Arizona courts. http://www.dbainternational.org/news/az_hb2664signed.asp http://www.dbainternational.org/news/az_hb2664signed.asp Thu, 10 May 2012 12:17 PST The FTC, DOJ, and CFPB filed a memorandum before a federal district court in Pennsylvania in support of the constitutionality of Fair Credit Reporting Act § 1681c relating to information contained in consumer reports. (Read the full document) http://www.dbainternational.org/news/FTC_FCRAfiling.asp http://www.dbainternational.org/news/FTC_FCRAfiling.asp Tue, 8 May 2012 08:17 PST DBA International appoints members of its Debt Buyer Certification Task Force. http://www.dbainternational.org/news/dba_taskforce2.asp http://www.dbainternational.org/news/dba_taskforce2.asp Wed, 25 Apr 2012 08:21 PST DBA International firmly supports enforcement actions against collection companies engaging in illegal or unethical business practices. http://www.dbainternational.org/news/ftc-india.asp http://www.dbainternational.org/news/ftc-india.asp Mon, 16 Apr 2012 08:01 PST