CFPB: Agency Takes Aim at Double Billing and Inflated Charges in Medical Debt Collection
Debt collectors may not collect on inaccurate, unsubstantiated, or invalid medical bills Today, the Consumer Financial Protection Bureau (CFPB) issued guidance to prevent families from being targeted by illegal medical debt collection tactics. The advisory opinion clarifies that debt collectors, which may include third-party “revenue cycle management” companies, are violating federal law when they collect on inaccurate…
ABA: America’s Banks and ABA Launch Two Major Consumer Protection Initiatives: #PracticeSafeChecks and #BanksNeverAskThat
Introduces new #PracticeSafeChecks campaign, celebrates 5th annual #BanksNeverAskThat campaign The American Bankers Association joined by banks across the country today launched two major consumer protection initiatives to combat the growing threat of fraud and scams. ABA’s award-winning #BanksNeverAskThat anti-phishing campaign, which has educated millions of bank customers about common scams from bad actors posing as…
SBA: 11th Annual National Veterans Small Business Week Scheduled for November 11th through 15th
Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced that the SBA will celebrate National Veterans Small Business Week (NVSBW) from Nov. 11 to Nov. 15. The 11th annual weeklong celebration will offer both in-person and virtual events across the…
HUD: Ginnie Mae and HUD to Host Summit on Mortgage Market Resilience and Access to Credit
The October 15 Summit will bring together leaders across sectors to discuss the critical role of independent mortgage banks in housing finance. Today, the U.S. Department of Housing and Urban Development (HUD) and Ginnie Mae announced plans to host a summit to explore the impact of mortgage market liquidity on Americans’ access to affordable home…
HUD: New Resources Announced to Retrofit and Weatherize Affordable Homes in America
HUD releases new guidance and updated tools to ensure benefits of President Biden’s Inflation Reduction Act and Bipartisan Infrastructure Law reach all affordable housing communities Today, the U.S. Department of Housing and Urban Development (HUD) announced the availability of new guidance and resources to support the rapid retrofitting and weatherization of America’s affordable housing stock….
HUD: Agency Joins Federal Agencies and AmeriCorps to Expand Workforce Training for Clean Energy Jobs
Memorandum of Understanding will advance the Biden-Harris Administration’s American Climate Corps and strengthen workforce pipeline to good-paying clean energy jobs The U.S. Department of Housing and Urban Development (HUD) today announced it is signing onto the Memorandum of Understanding (MOU) between the Departments of Commerce, the Interior, Agriculture, Labor, Energy, the Environmental Protection Agency and…
OCC: Acting Comptroller Discusses Financial Inclusion
Acting Comptroller of the Currency Michael J. Hsu today discussed the importance of financial inclusion in remarks at the Inclusive Finance for Development: 15 Years of Impact event in New York City hosted by United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development. In his remarks, Acting Comptroller Hsu discussed how people-centered metrics on…
EDA: $2.5 Million Invested for Water Infrastructure Improvements to Support Manufacturing Growth in La Porte, IN
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the City of La Porte, Indiana, for water infrastructure improvements to support manufacturing business growth in the region. This grant will provide for critical infrastructure upgrades at the Thomas Rose Industrial Park, supporting business…
SBA: AMEX, WIPP and SBA to Co-Host Education Initiative for Women Entrepreneurs This Fall
Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced that the federal agency will cohost two events in the Washington, D.C., area and Florida alongside Women Impacting Public Policy (WIPP) and American Express (AMEX) this fall as a continuation of the 2024 National…
HUD: Housing Counseling Services Expanded to More Americans
The Department celebrates Housing Counseling by introducing new initiatives, including a partnership with Zillow, and the use of virtual methods to broaden access and reach more Americans seeking housing assistance. Today, the U.S. Department of Housing and Urban Development (HUD) announced a series of new actions to expand housing counseling services and strengthen pathways to…