CFPB: Agency Takes Aim at Double Billing and Inflated Charges in Medical Debt Collection
Debt collectors may not collect on inaccurate, unsubstantiated, or invalid medical bills Today, the Consumer Financial Protection Bureau (CFPB) issued guidance to prevent families from being targeted by illegal medical debt collection tactics. The advisory opinion clarifies that debt collectors, which may include third-party “revenue cycle management” companies, are violating federal law when they collect on inaccurate…
ABA: America’s Banks and ABA Launch Two Major Consumer Protection Initiatives: #PracticeSafeChecks and #BanksNeverAskThat
Introduces new #PracticeSafeChecks campaign, celebrates 5th annual #BanksNeverAskThat campaign The American Bankers Association joined by banks across the country today launched two major consumer protection initiatives to combat the growing threat of fraud and scams. ABA’s award-winning #BanksNeverAskThat anti-phishing campaign, which has educated millions of bank customers about common scams from bad actors posing as…
FEMA: President Biden Approves Major Disaster Declaration for South Carolina
FEMA announced that federal disaster assistance is available to the state of South Carolina to supplement recovery efforts in the areas affected by Hurricane Helene from Sept. 25, 2024 and continuing. The President’s action makes federal funding available to affected individuals in Aiken, Anderson, Bamberg, Barnwell, Cherokee, Greenville, Greenwood, Lexington, Newberry, Oconee, Pickens, Saluda and…
SBA: 11th Annual National Veterans Small Business Week Scheduled for November 11th through 15th
Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced that the SBA will celebrate National Veterans Small Business Week (NVSBW) from Nov. 11 to Nov. 15. The 11th annual weeklong celebration will offer both in-person and virtual events across the…
SBA: Final Rule Issued to Lower Costs for Small Businesses
After Interest Rate Cuts Generate Automatic Savings for Hundreds of Thousands of SBA Borrowers, 504 Program Changes Will Lower Costs Further for More Small Businesses Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced a new rule that…
HUD: Aid Offered to South Carolina Disaster Victims
Federal aid supports counties of Aiken, Anderson, Bamberg, Barnwell, Cherokee, Greenville, Greenwood, Lexington, Newberry, Oconee, Pickens, Saluda, and Spartanburg. The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of South Carolina and ordered federal aid to supplement State, tribal, and local recovery efforts in…
HUD: Aid Offered to Florida Disaster Victims
Federal aid supports counties of Charlotte, Citrus, Dixie, Franklin, Hernando, Hillsborough, Jefferson, Lafayette, Lee, Levy, Madison, Manatee, Pasco, Pinellas, Sarasota, Taylor, and Wakulla. The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of Florida and ordered federal aid to supplement State, tribal, and local…
HUD: Aid Offered to North Carolina Disaster Victims
Federal aid supports affected individuals in Alexander, Alleghany, Ashe, Avery, Buncombe, Burke, Caldwell, Catawba, Clay, Cleveland, Gaston, Haywood, Henderson, Jackson, Lincoln, Macon, Madison, McDowell, Mitchell, Polk, Rutherford, Transylvania, Watauga, Wilkes, and Yancey Counties and the Eastern Band of Cherokee Indians The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal…
HUD: Ginnie Mae and HUD to Host Summit on Mortgage Market Resilience and Access to Credit
The October 15 Summit will bring together leaders across sectors to discuss the critical role of independent mortgage banks in housing finance. Today, the U.S. Department of Housing and Urban Development (HUD) and Ginnie Mae announced plans to host a summit to explore the impact of mortgage market liquidity on Americans’ access to affordable home…