U.S. foreclosure activity rose sharply in March on an increase in bank repossessions, but dropped in the first quarter to the lowest mark in eight years, according to a report by industry firm RealtyTrac. more »
The Federal Trade Commission on Wednesday, in testimony before Congress, detailed the agencys education and outreach efforts against identity theft and Internal Revenue Service imposter scams. more »
HSBC has informed New Hampshire's Attorney General of a compromise of some records of current and former mortgage customers of its HSBC Finance unit. more »
Debt buyer Asta Funding agreed Wednesday to settle charges brought by New York regulators for allegedly pursuing improper debt collection tactics against hundreds of consumers in the state.
A lawsuit filed last month by four student loan debt collection companies against the U.S. Department of Education was dismissed Tuesday by a federal judge.
The Consumer Financial Protection Bureau issued a final rule Wednesday aimed at improving the way that companies submit consumer credit card agreements to the Bureau.
MasterCard Inc. and Target Corp. are in talks about a settlement in which the retailer would pay banks about $20 million for costs they incurred in its 2013 data breach, a person familiar with the matter said.
Two debt brokers agreed to settle charges that they exposed highly sensitive information about tens of thousands of consumers while trying to sell portfolios of consumer debt on a public website.
The Consumer Financial Protection Bureau and the Navajo Nation announced Tuesday that they are taking action against companies and individuals who operated an illegal tax refund scheme.
Federal and state of Illinois authorities moved to shut down a debt collection scam operation located in a western suburb of Chicago. The defendants are charged with illegally using threats and intimidation.
A medical debt relief bill in Minnesota would give consumers the right to go to court to stop a collection action on medical debt that violates federal IRS rules.
Officials with Louisville Metro Corrections, in Louisville, Ky., are reviewing whether to hire a private debt collection agency to pursue booking fees owed to the jail. Two collection agencies submitted bids.