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Private Firm Will Collect on Purchased Ohio Tax Liens
An Ohio County's tax lien sale of unpaid penalties and taxes on more than 1,000 properties resulted in more than $1.1 million.
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A ruling by the Sixth Circuit Court of Appeals on Tuesday reversed a trial court's dismissal of a Fair Debt Collection Practices Act claim in Buchanan v. Northland Group Inc. more »
United Kingdom-based collection agency 1st Credit Ltd. could be sold by private equity firm Bridgepoint, according to a recent report. more »
Bloomberg News
UNCERTAIN FUTURE: Shares in Ally Financial, led by Chief Executive Officer Michael Carpenter, have fallen by about 2% since the firm's initial public offering in April. Ally is one of many auto lenders facing questions about the threat to its bottom line from stepped-up regulatory pressure.
U.S. auto lending is still booming, but those in the industry are not smiling as widely as you might expect. more »
Columbia Financial International Inc. announced Wednesday it is awarding $50,000 in grants to the collection industry to be used for education in Fair Debt Collection Practices Act regulations. more »
Utah-based SecurityNational Mortgage Co. has agreed to a monetary settlement of a claim by Bank of America that it sold the Charlotte, N.C.-based lender defective mortgage loans. more »
Verizon Communications Inc. has paid the state of Massachusetts $1.3 million to settle charges that it overbilled the state for phone service. more »
A nonprofit behavioral health provider in New Mexico submitted more than $4 million in overbillings, according to an audit conducted for New Mexico's Human Services Department, which included a case-by-case review of 150 reimbursement claims. more »
A report from the U.S. Government Accountability Office reveals a drop in state funding for public universities is making it tougher for students to pay for college. more »
TransUnion’s annual auto loan forecast calls for auto loan debt to continue to rise to $18,244 at the end of 2015. This would mark 19 consecutive quarters of increases. more »
Bidding is over in the first bankruptcy auction to be held at the demand of trust-preferred creditors, but there's no clear winner. more »
A report from the Department of Health and Human Services outlines the affordable options for consumers who use the Health Insurance Marketplace, including detailing savings on premiums for returning consumers who renew or change their insurance plans. more »
ECMC Group's plans to acquire 56 campuses from Corinthian Colleges, a deal that would create the largest nonprofit career-college system in the U.S., has met criticism from lawmakers in a letter sent to the Department of Education. more »

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