Course length: Approximately 35 minutes
Reviewing Debt Collection Practices focuses on the need of the industry to not only be able to identify and define the purpose of the Fair Debt Collection Practices Act (FDCPA), but how the Act impacts and shapes both collection and loss mitigation across many financial arenas, including the mortgage lending industry. In addition, the course explores the impact the Service-members Civil Relief Act has on the debt collection process and the provisions in place to protect military members during active duty.
Course objectives include:
• Identify the consumer protections in the FDCPA
• Explain how the FDCPA imposes responsibility on debt collectors
• Recognize how the SCRA affects debt collection procedures
• Identify liability under debt collection laws
More detailed course information is available at: http://elliemae.com/education/courses/reviewing-debt-collection-practices
Last Updated 12/2018.
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