A South Carolina-based mortgage servicing company has agreed to settle with the Massachusetts attorney general over allegations that the company did not follow state requirements to help homeowners avoid foreclosure.
Attorney General Maura Healey’s consumer protection push has run into a legal roadblock after a federal judge granted a temporary restraining order.
Two subsidiaries of IQor Holdings Inc. have agreed to pay $500,000 to agencies in five different states, including the Massachusetts Division of Banks, for unlawful debt collection practices.
One of the largest debt collection companies in Massachusetts will pay more than $1 million to settle a lawsuit brought forth by Attorney General Maura Healey’s Office that alleged unlawful consumer debt collection practices.
Attorney General Maura Healey joined a multistate amicus brief arguing that debt buyers must also obey the federal fair debt collection law.
A Division of Banks hearing on debt collection practices in Massachusetts drew a healthy turnout last week as the state’s banking regulator and attorney general weighed whether further regulation might be needed.
