Compliance – Page 4 – Eugene O'Rourke

Managing America’s Student Loan Debt

Eugene O'Rourke
December 15, 2017

Since 2013, the Consumer Finance Protection Bureau (CPFB) has received thousands of comments about America’s student loan practices. The agency’s oversight and interventions can’t come soon enough, as the country’s…

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How Know Your Customer (KYC) Compliance & Industry Reports Can Benefit Financial Institutions

Eugene O'Rourke
December 5, 2017

Know Your Customer (KYC) compliance management has taken on increased importance for financial businesses in recent years, as regulations have become longer and more complex.

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Analyzing the CFPB’s 2016 Fair Debt Collection Protection Act Report

Eugene O'Rourke
November 22, 2017

In 1977, the United States Congress identified such a high frequency of abuse and deception attributing to unfair debt collection practices that it created the Fair Debt Collection Practices Act…

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Semi-Annual Report Showcases CFPB Success

Eugene O'Rourke
July 24, 2017

Since 2011, the Consumer Finance Protection Bureau (CFPB) has had as its sole focus protecting American consumers from unfair practices in the nation’s financial industries. By 2017, the agency had…

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What We Learned from the First-Ever National Debt Collection Survey

Eugene O'Rourke
January 25, 2017

The first-ever survey of the American consumer’s interaction with debt collection agencies reveals that the debt collection industry remains fraught with inappropriate activity, according to a recent report issued by…

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Student Loans Plague Older Americans

Eugene O'Rourke
January 20, 2017

While the price for higher education continues to rise, the number of student loans issued also continues to increase. American seniors over 60 years are carrying more of that debt…

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