The Secure And Fair Enforcement Banking Act of 2019 (SAFE Banking Act) has passed the House and proceeds to the Senate. The SAFE Banking Act intends to increase public safety ...
On October 10 2019, the CFPB announced a final rule extending the current temporary threshold for collecting and report data related to open-end lines of credit, and incorporating the clarifications ...
The Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (the “Agencies”) adopted a final rule related to ...
Last week, the U.S Senate voted to approve legislation extending the National Flood Insurance Program. The Program, set to expire September 30th, will be extended through November 21, 2019. This ...
The CFPB recently published four (4) frequently asked questions (“FAQs”) related to the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (“SAFE Act”) and the impact of amendments ...
The CFPB recently released the Filing Instructions Guide for HMDA data collected in 2020, which will be reported in 2021. The Filing Instructions Guide includes the file, data, and edit ...
The Secretary of State adopted four rules related to the filing of Uniform Commercial Code (UCC) documents. The amendments specify that all UCC liens and effective financing statement liens under ...
On September 17, 2019, CFPB Director Kraninger notified House Speaker Pelosi, and Senate Majority Leader McConnell that the CFPB determined the for-cause removal provision of the Consumer Financial Protection Act ...
In its Summer Newsletter, the Washington Department of Financial Institutions (“DFI”) highlighted its involvement in seeking a refund of interest paid by a consumer whose spouse was a service member. ...
Wisconsin has introduced a bill that would allow financial service providers, such as financial institutions, mortgage bankers and brokers, and other types of lenders, to refuse or delay financial transactions ...