RMAI extends its thoughts of support to all of those affected by Hurricane Helene. RMAI recommends all members temporarily suspend collection calls and communications to consumers in the portions of southeast who are directly affected by this emergency. Information on the effect of Hurricane Helene from some of the states directly impacted are listed below. If you are […]
On August 12, 2024, the New York City Department of Consumer and Worker Protection (DCWP) published its long-awaited amendments to the City’s Debt Collection Rule and an FAQ. DCWP has been working on revisions to this rule since November 2022. It was the subject of two public comment periods which […]
Last week, 175 executives gathered in beautiful Santa Ana Pueblo, NM for the 2024 Executive Summit. This intimate event was packed with opportunities to meet new people, connect with friends, and learn more about the latest news […]
June 26, 2024 (Sacramento, CA) – RMAI is pleased to announce that the Keynote Speaker at the 2024 RMAI Executive Summit will be U.S. Representative Mike Lawler from New York’s 17th congressional district. Congressman Mike Lawler will provide a comprehensive update on the latest developments from Capitol Hill. The 2024 Executive Summit will be held from August […]
On May 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued an “interpretive rule” that regulates certain “Buy Now Pay Later” (BNPL) consumer transactions like credit cards. As an “interpretive rule,” the Bureau is providing guidance as to how existing law applies to covered BNPL transactions. It does not create any new law or regulation.
The […]
Yesterday, RMAI leadership met with Director Rohit Chopra of the Consumer Financial Protection Bureau (CFPB) in Washington, DC. RMAI was represented by RMAI Immediate Past President Anne Thomas, RMAI Board Member Kelly Knepper-Stephens, RMAI Past President Jim Mastriani, and RMAI Executive Director Mike Becker. Director Chopra […]
On June 3, 2024, the Consumer Financial Protection Bureau (CFPB) announced the adoption of its final rule establishing a registry to “detect and deter” corporate offenders that have broken consumer laws and are subject to regulatory or court orders. In December 2022, the CFPB had issued proposed rulemaking and […]