Consumer Financial Services Law

FEBRUARY 17, 2017

The CFPB has issued its monthly complaint report and is shining its spotlight on mortgage products. Each month, the report focuses on a category of consumer financial products. In February 2016, the CFPB updated its student loan intake form to accept complaints about federal student loan servicing.

Student loans 40

Student loans Student Loans Foreclosure Loans 40

Troutman Sanders

MARCH 8, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. The CFPB proposed to extend the compliance date to assist homeowners struggling with the financial impacts of the COVID-19 pandemic.

Financial services 52

Financial services Retail Foreclosure Financial Institution 52

Jimerson Firm

MAY 12, 2021

In 2016, the Consumer Financial Protection Bureau (“CFPB”) issued a final rule—referred to as the 2016 Mortgage Servicing Rule —that clarified, revised, and amended several provisions in the 2013 Mortgage Servicing Rules. Continued reading: Certification of Original Promissory Note is Required to Bring a Mortgage Foreclosure Action.

Collateral 52

Collateral Lender Loans Foreclosure 52

Troutman Sanders

AUGUST 14, 2023

Analisa Torres ruled that three out of four categories of XRP token sales did not constitute an investment contract. On July 27, B25-0363, the Foreclosure Moratorium and Homeowner Assistance Fund Coordination Emergency Amendment Act of 2023, was signed by Mayor Muriel Bowser (D). Ripple Labs , et al. , 20-cv-10832 (S.D.N.Y.),

Financial services 52

Financial services Foreclosure Banks Loans 52

Troutman Sanders

MAY 3, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. Federal Activities: On May 3, the Consumer Financial Protection Bureau’s (CFPB) interim final rule goes into effect. State Activities.

Financial services 52

Financial services Foreclosure Collection Agencies Collections Agency 52

Troutman Sanders

MAY 2, 2023

The bill additionally leaves room for assets that don’t fit neatly into either category. On April 28, the CFPB issued an interim final rule, amending the agency’s 2021 LIBOR transition rule. While prompted by activity in the mortgage space, the CFPB noted that the prohibition applies to all time-barred debt.

Financial services 52

Financial services Trade Consumer Credit Government 52