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FROM THE CLLA NEWSWIRE
November 20, 2014
At a conference in Florida in November, Deputy Treasury Secretary Sarah Bloom Raskin said the administration is pushing policy measures to decrease the rate of default as well as to help those already in default access reasonable repayment plans for student loans.
November 13, 2014
In separate preliminary injunctions, the U.S. District Court for the District of Columbia ordered two debt sellers and their owners -- Bayview Solutions, LLC and Aron Tomko; and Cornerstone and Company, LLC and Brandon Lambert -- to notify more than 70,000 consumers that their sensitive personal information had been posted online, tell them such data will be or already has been removed, and explain how consumers can protect themselves against identity theft and other fraud in light of the disclosures (FTC v. Bayview Solutions, LLC, D.D.C., No. 1:14-cv-01830-RC, 11/3/14; FTC v. Cornerstone and Company, LLC, D.D.C., No. 1:14-cv-01479-RC, 9/10/14).