New Protections for Consumers starting this year
There are new statutory protections in place that will further protect consumers in mortgage and debt collection matters. Read below for a general overview of these protections. Mortgage Servicing/Foreclosures This month substantive amendments to regulations...
UPDATE: DATA BREACH: 70 – 110 million Target card accounts affected since Black Friday
Update: The retail giant Target confirmed that it has identified a severe data breach that may have affected 70 – 110 million credit and debit card accounts used by consumers prior to Black Friday weekend and after in retail stores nationwide. This is an...
Mortgage giant Ocwen to pay $2.1 billion in settlement, at least $9.4 million in Alabama
The Alabama Attorney General’s office has recovered at least $9.4 million in a multi-state settlement with one of the country’s largest mortgage companies, Ocwen Financial Corporation. Alabama joined 48 other states, the District of Columbia and the...