Debt collectors subject to supervision by the Consumer Financial Protection Bureau (CFPB) will be eager to hear what Director Kathy Kraninger has to say in her town hall at the University of Pennsylvania on Wednesday.
The bureau announced in March that it would “re-engage” in debt collection rulemaking to clarify its requirements for the country’s approximately 6,000 debt collection firms.
Get a refresher on the progress the bureau made on debt collection rulemaking prior to Kraninger’s tenure.