$Metro 2, e-OSCAR and the New FCRA\/CFPB Compliance Requirements$

Metro 2, e-OSCAR and the New FCRA/CFPB Compliance Requirements
About this Event

Description:

This webinar will discuss the Metro 2 Credit Reporting guidelines, Recent FCRA and related litigation, e-OSCAR and FCRA Litigation Risk, how to report accounts in dispute, what response to prepare for a CRA Dispute and the ACDV System. Overall get a comprehensive knowledge on major credit reporting compliance obligations, how to recognize.

Why Should You Attend:

Most credit reporting disputes are handled through the e-OSCAR/ACDV system, which has had recent updates that affect data furnishers' legal obligations in regard to these disputes. This is an active area of litigation and regulatory scrutiny that is consistently being reviewed by examiners and regulators. This topic will help attendees better understand their potential legal risk and compliance obligations with respect to consumer credit reporting. Special problems relating to the Metro 2 credit reporting guidelines relating to bankruptcies, disputed accounts and identity theft also will be addressed. You will be able to explain CRAs' and furnishers' obligations in response to an ACDV.

Areas Covered in the Webinar:

How to recognize potential areas of litigation risk in connection with investigation in response to a credit reporting dispute
Metro 2 Credit Reporting Guidelines
Furnishers' Initial Reporting Obligations Under 15 U.S.C. § 1681s-2(a)
Recent FCRA and Related Litigation
Reporting of Accounts Included in Bankruptcy
Chapter 7
Chapter 13
Reporting of Accounts in Dispute
e-OSCAR and FCRA Litigation Risk and Compliance Burden
Recent Developments in FCRA/CFPB Compliance Requirements
Responding to a CRA Dispute and the ACDV System (15 U.S.C. § 1681s-2(b))
Scope of Review of Consumer Dispute
Deletion of Tradelines and Related Obligations
Handling Consumer Claims of Identity Theft

Who Will Benefit: