The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against the largest debt collection company in the multi-unit housing industry for alleged violations of the Fair Credit Reporting Act, Regulation V and the Consumer Financial Protection Act.
Defendant Maryland-based Fair Collections & Outsourcing, Inc., collects debt on behalf of large apartment complexes, including student and military housing, and assisted living facilities.
Read on for details from the CFPB’s suit.
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