The Hunstein Case is just the latest example of how consumer-centric policies, laws and market conditions are causing disruption and uncertainty in the collections industry. And it won’t be the last. Here are some recent examples:
- COVID pandemic
- Dodd Frank vendor oversight requirements
- New debt collection rules and Reg F
- New administration and regulatory activism
All these changes are designed to protect consumers and regulators are forcing creditors to be responsible for this consumer-centric movement. To protect their brand and reduce operational risk, creditors need to make a paradigm shift from a decentralized approach to a centralized, creditor-driven approach.
This three-part webinar series will explore this centralized, creditor-driven approach from three different perspectives: creditor, regulator, and servicers.
Part One: Collectors Perspective (on-demand)
How 2 of the Top 5 Creditors are Poised to Win in this New Paradigm for Today and Tomorrow.
May 12, 2021 | 3:00 PM EDT
Part Two: Regulator Perspective (register)
How Creditors can Align their Strategies to Meet Regulators Future Expectations
June 2, 2021 | 1:00 PM EDT
Part Three: Servicers Perspective (register)
Minimize Chaos in a Dynamic Environment
June 30, 2021 | 1:00 PM EDT
Watch PART ONE webinar today and hear Heidi Staloch, USBank, Stefanie Jackman, Ballard Spahr, Walker White, Oliver Technology Corporation and Thomas Michael, Oliver Technology Corporation discuss:
- Why creditors are shifting to a centralized, creditor-driven model.
- How a free flow of consistent, accurate data is the source of the solution across the creditor’s strategy.
- What end-to-end oversight and control means for collections and consumers.