On Thursday, the FTC and CFPB held a joint roundtable titled Life of a Debt: Data Integrity in Debt Collection. Journalist Fred Williams has a report at the Taking Charge blog. An except:
At Thursday's meeting, [debt buyer and industry association president Richard] Munroe and other debt buyers didn't repeat the argument the collection industry has advanced in the past: That regulation will block collection of legitimate debt and injure the credit system. Instead, industry representatives pleaded that the new rules, whatever shape they eventually take, be consistent and nationwide.