Customer Finance Enforcement Watch. Nyc Department of Financial solutions Files Charges Against Debt Collector for failing continually to Substantiate Debts

June 1, 2021 by superch6

Customer Finance Enforcement Watch. Nyc Department of Financial solutions Files Charges Against Debt Collector for failing continually to Substantiate Debts

Search Engine Results: NYDFS

brand New York Department of Financial solutions Files Charges Against Debt Collector for failing continually to Substantiate Debts

On 16, 2020, the New York Department of Financial Services (“DFS”) announced it filed a statement of charges against a debt collector over the debt collector’s alleged failure to comply with New York State’s Debt Collection Regulation, Part 1 of Title 23 of the New York Codes, Rules, and september…

Ny Department of Financial Solutions Announces Payment with Unlicensed Mortgage Company

​On January 10, 2020, the latest York Department of Financial Services (DFS) announced that, together with the brand new York Attorney General (nyc AG), it had entered right into a permission purchase and settlement by having a mortgage-lending that is unlicensed to eliminate allegations that the business enterprise illegally made predatory, subprime loans in…

Nyc Department of Financial Services Announces Initiative Targeting Education Loan Debt Settlement Industry

​On September 5, 2019, the brand new York Department of Financial Services (NYDFS) announced​ so it had been releasing a brand new research into the education loan debt settlement industry. NYDFS claimed that, as an element of its “Step Up for pupils” initiative, it had been subpoenas that are issuing eight education loan credit card debt relief businesses…

ny DFS Fines Loan Servicer $100,000 for Violations of Vacant and Abandoned Property Law

On January 16, the newest York Department of Financial Services (DFS) announced that it fined a fresh York mortgage that is state-registered servicer $100,000 for failing continually to keep two properties in nyc under brand New York’s Abandoned Property Relief Act, which calls for banking institutions and home loan solutions to meet particular upkeep responsibilities at…

New York DFS Enters Into Consent Order With Payday Debt Collector and Servicer for $12 Million

On September 25, 2017, New York’s Financial solutions Superintendent announced​ that the Department of Financial Services (DFS) had entered as a permission order with a loan that is payday collector and an online payday loan servicer that serviced and gathered on payday advances designed to ny people who had been unlawful in New…

NY DFS Obtains $604,000 in Restitution and $500,000 Civil Penalty From Lender Who neglected to Refund Lender Credits

​On August 10, 2017, the newest York Department of Financial Services (DFS) announced so it had entered right into a permission purchase by having A missouri-based loan provider that focuses on home loans assured because of the united states of america Department of Veteran’s Affairs. In line with the permission purchase, the DFS determined that, between 2011 and 2014, the lender failed…

mortgage company Agrees to $28 Million Fine by NYDFS

On November 9, 2016, this new York https://rapidloan.net/payday-loans-nc/ Department of Financial Services (NYDFS) announced it joined into a permission purchase having a brand new Jersey-based mortgage business and its particular subsidiary. Your order is due to numerous investigations loans that are concerning between 2008 and early 2014. The NYDFS alleges that the ongoing business had inadequate…

NY DFS Obtains $3 Million in Restitution for Illegal Payday Lending

May 18, the latest York state dept. of Financial Services (DFS) announced a permission purchase by having a financial obligation buyer for buying and collecting on allegedly payday that is illegal built to ny customers, in breach of this Fair business collection agencies methods Act and brand brand New York state legislation. The settlement requires the…

NY DFS Obtains $119K in Restitution for Illegal Payday Lending

May 18, the newest York state dept. of Financial Services (DFS) announced a permission purchase with a Virginia debt buyer for gathering on illegal loans that are payday ny customers, in breach associated with Fair business collection agencies techniques Act and brand brand New York state legislation. Between 2012 and 2014, your debt buyer…

NY Department of Financial Solutions Settles Payday Lending Claims Against Online Lender

The company offered illegal online payday loans in New York on March 17, 2016, the New York Department of Financial Services (NYDFS) announced that it entered into a consent order and settlement with a financial services company over allegations. The organization presumably operated an on-line cash advance “lead generation” company. Although payday lending is…