The CFPB’s Proposed Rule: Peeling Back the Layers

Top ARM professionals provide analyses and insights into the finer points of the proposed rule.

While the Consumer Financial Protection Bureau’s long-awaited proposed rule concerning the debt collection industry was issued two months ago, there’s still time to impact the final form by submitting comments to the bureau. To help its members understand the finer points of the rule, ACA International launched a first-class education program highlighted by webinars, presentations and numerous news articles and letters. Nevertheless, there’s more to come.

In the latest episode of ACA Cast titled, “The CFPB’s Proposed Rule: Peeling Back the Layers,”  Jack Brown III, an attorney and president of Gulf Coast Collection Bureau, leads an informative panel discussion outlining important highlights of the proposed rule. Featured panelists include Eileen Bitterman, a compliance officer and shareholder with Weltman, Weinberg & Reis, and Tim Collins, the chief compliance officer with TrueAccord.