Impacts on Creditors and Servicers, and Preparing for an Uncertain Future: CFPB Debt Collection Rule Working Session 7
Although there is considerable uncertainty about what the future holds for the CFPB’s Debt Collection Final Rule, it is still currently set to become effective on November 30, 2021. This has caused many in the industry to wonder what should be done while we wait for answers.
Join us to learn more about the current status of the Debt Collection Final Rule, and what steps you might consider taking now. We will also discuss in detail important considerations and potential impacts from the final rule on first-party creditors and specific impacts for mortgage and other consumer loan servicers.
Whether you are a third-party debt collector who is curious about what the CFPB might do with respect to the final rule, a creditor who is trying to establish best practices and understand how the rule might impact your business, or a consumer loan servicer that knows there might be some unique challenges, register to learn more about the CFPB’s Debt Collection Final Rule.