The Federal Reserve Board and the Consumer Financial Protection Bureau (CFPB) announced the annual adjustments to the dollar thresholds used in determining whether certain consumer credit and lease transactions are ...
On November 18, 2021, Sen. Menendez introduced S. 3235 the Small Business Lending Disclosure Act of 2021 (the Act). The bill was read twice and referred to the Committee on ...
The Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency (Federal Agencies) released a joint statement today announcing completion ...
On September 1, 2021, the Consumer Financial Protection Bureau (CFPB) issued a notice of proposed rulemaking (NPRM) amending Regulation B to implement the small business lending data collection rules in ...
Oregon, with immediate effect, allows remote witnessing. Notable requirements for a remote witness to sign include being in the “electronic presence” of the signer and a review of the signer’s ...
In the last few weeks, Florida has passed a couple bills surrounding remotely executed transactions. 2021 FL HB 121 adds allowances for remote notarization in administering court related oaths, clarifies ...
In April 2021, members of the U.S. House of Representatives introduced H.R. 2547 – the Comprehensive Debt Collection Improvement Act (the “Act”). The Act passed the House on May 13, ...
In July 2020, the Indiana Code § 32-21-2-3(a) was modified, changing an “or” to “and”, which had the effect of requiring that conveyances, mortgages, or instruments of writing being recorded ...
Beginning January 1, 2021, National Automated Clearing House Association (NACHA) has a new rule on enforcing egregious violations. An “egregious violation” is a willful or reckless action by a Financial ...
The National Credit Union Administration (NCUA) has issued guidance to credit unions serving hemp-related businesses, which were made legal under the Agriculture Improvement Act of 2018 (2018 Farm Bill).[1] The ...