State Regulatory Enforcement and Update on Debt Collection

2017 and 2018 saw significant movement in consumer financial services regulation, particularly at the federal and state level. We will provide an update on what state regulators are most active and where, as well as provide an update on current collections risks, litigation, and rulemaking.

The presenters will explore the following topics:

• State enforcement activity update:

  • Current hot button areas for regulatory enforcement

  • Trends among states with regard to certain issues

  • How long can states maintain - predictions for the future

• Debt collection update:

  • Update on collection agency licensing issues and oversight

  • Compliance obligations with substantive requirements of state licensing regimes

  • Potential risks in licensing relating to nonpublic requirements and practices

  • Current status of the CFPB's rulemaking and future predictions

  • Trends in private litigation