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Home » Store » News » 2nd Circuit’s FDCPA Case Teaches Servicers to Look Before Leaping

2nd Circuit’s FDCPA Case Teaches Servicers to Look Before Leaping

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Mortgage servicers should pay close attention to the status of a transferred loan to avoid doing anything that could make it fall under the Fair Debt Collection Practices Act and risk violating the law. Although the case, Alibrandi v. Financial Outsourcing Service, Inc, involved an unpaid balance of an auto lease, the U.S. Court of Appeals for the Second Circuit made two points clear that
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