Loan Servicing and Debt Collection Under the Biden Administration
Changes are coming to the consumer financial services industry under the Biden administration. New leadership at the Consumer Financial Protection Bureau has shifted priorities and resources. Trump-era policies have been rescinded, leaving the future of the CFPB’s Final Debt Collection Rule and other guidance in flux. Public statements promise a more aggressive approach to supervision and enforcement. All the while, the COVID-19 pandemic continues to challenge consumers and companies.
We invite you to join Dunham Biles, Adam Ragan and Kim Winnubst as they discuss what these and other developments may mean for your company in 2021 and beyond.