U.S. Supreme Court Holds Debt Purchaser Not Subject to FDCPA

Licensing

When Home Equity Investments Become Mortgage Loans: What State Licensing Changes Mean for Providers

As more states bring home equity investment agreements under mortgage lending laws, providers face new licensing requirements and regulatory challenges. Recent developments in Massachusetts, Maine, Illinois, and Connecticut highlight what lenders, fintechs, and investors need to consider when offering these products or expanding into new markets.

Licensing

Planning to Expand in 2027? Start With a Licensing Roadmap

Planning to expand into new states or launch new financial services in 2027? Learn how to build a licensing roadmap, navigate state-specific requirements, and prepare for a smoother, more efficient expansion.

Licensing

7 Business Changes That Could Affect Your Licenses

State licensing agencies rely on current information about the businesses they regulate. This can include ownership, management, physical locations, trade names, and individuals responsible for licensed activities. When that information changes, licensees may be required to notify regulators within a specific timeframe. Some changes must be approved before they take effect.

Debt Collection & Buying

Understanding Change of Control in Collection Agency Licensing

Changes in ownership of licensed collection agencies require careful licensing strategies to avoid operational gaps. Learn more about stock and asset transactions.

Debt Collection & Buying

Beyond the Collection License: When Debt Buyers Need Lender or Servicer Licenses

Why a Collection License Isn't Always Enough For decades, debt collection firms have assumed that once you have a collection agency license, you're cleared to operate. But the reality is more complicated. Regulators are increasingly looking at what kinds of debt you collect and how you collect it. Depending on your portfolio and practices, you [...]

Licensing

Understanding Insurance: How to Best Protect Your Collection Business

The global cyber insurance market is expected to grow by 25 percent in the next six years. That indicates the serious risk your business faces from surging cyber threats and data breaches. Do you operate a collection agency, and you want to ensure you have the right insurance coverage? Understanding insurance coverage options can help [...]