July 23, 2018
Inside Mortgage Finance
Quyen Truong, a partner in Stroock’s Financial Services Litigation, Regulation and Enforcement Group, was quoted in an Inside Mortgage Finance article that discusses how the CFPB recently fined Kansas-based National Credit Adjusters and its former chief executive $800,000 for illegal debt collection practices. The bureau originally ordered a $6 million civil money penalty but suspended most of it based on the financial condition of NCA and its former CEO. To read the article, please click here (subscription required).
July 23, 2018
Inside Mortgage Finance
Quyen Truong, a partner in Stroock’s Financial Services Litigation, Regulation and Enforcement Group, was quoted in an Inside Mortgage Finance article that discusses how the CFPB recently fined Kansas-based National Credit Adjusters and its former chief executive $800,000 for illegal debt collection practices. The bureau originally ordered a $6 million civil money penalty but suspended most of it based on the financial condition of NCA and its former CEO. To read the article, please click here (subscription required).
