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 ...
The California Senate and Assembly have passed five amendments to the California Consumer Privacy Act (CCPA). The amendments that are applicable to financial institutions include: Methods for Submitting Requests (Section ...
On August 20, 2019, the United States Department of Agriculture Office of Rural Development (USDA/RD) sent an email with the subject “USDA Final Rule – Single Close Construction, Elimination of ...
The New York Senate and Assembly have introduced identical versions of the “New York Privacy Act.” The New York Privacy Act requires companies that do business in New York, or ...
Recently, there have been lawsuits filed or threatened against financial institutions regarding their overdraft protection services and the charging of overdraft and non-sufficient fund fees. These are some of the ...
The FDIC has amended its rule regarding deposit insurance to not require each co-owner of a joint account to personally sign the deposit account signature card to ensure the account ...
On August 8, 2019, the FHFA, Fannie Mae, and Freddie Mac (GSE’s) announced that the mandate requiring use of the revised URLA by February 1, 2020 has been abandoned. While ...