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The Division of Consumer Financial Protection is responsible for supervising and regulating financial activities not previously overseen by the department. These include debt collection, debt relief, private post-secondary education finance, and newly emerging financial products or services. Division of Corporations and Financial Institutions
Since March 2023, 625 commercial loans have been foreclosed on — a 117% increase over the previous year, according to real estate research and data analysis firm ATTOM. It's another data point ...
Los Angeles County is moving forward with a pilot program to relieve medical debt for struggling residents, setting aside $5 million for a planned agreement with a national nonprofit that buys and ...
The firm is among the largest players in the private debt market. [15]Ares' investment activities are conducted through four business units: Ares Credit Group manages liquid and illiquid credit in the non-investment grade credit sector, with approximately $60.0 billion in assets under management as of May 10, 2016. [16]
A debt collection bureau in Minnesota. Debt collection or cash collection is the process of pursuing payments of money or other agreed-upon value owed to a creditor. The debtors may be individuals or businesses. An organization that specializes in debt collection is known as a collection agency or debt collector. [1]
The pay hikes and other agreements in the proposed contract would cost the city $55.9 million to $111.8 million annually, according to the DWP. A 2021 DWP report found that electric mechanics ...
A debt buyer is a company, sometimes a collection agency, a private debt collection law firm, or a private investor, that purchases delinquent or charged-off debts from a creditor or lender for a percentage of the face value of the debt based on the potential collectibility of the accounts. The debt buyer can then collect on its own, utilize ...
The Los Angeles wildfires have set off a stampede to find housing, leading some property owners and managers to raise rents higher than the 10% limit in emergencies. NBC Universal 1 month ago