category financial-institutions Foreclosure Related Topics 
Troutman Sanders
OCTOBER 26, 2020
Federal Activities: On October 23, the Financial Action Task Force concluded its 32nd plenary meeting and continued to focus on the impact of the COVID-19 pandemic on detecting and countering fraud, including attempts to defraud government-backed stimulus programs. State Activities. Privacy and Cybersecurity Activities.
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.
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Troutman Sanders
AUGUST 14, 2023
Analisa Torres ruled that three out of four categories of XRP token sales did not constitute an investment contract. Loan purchase activities are long-standing banking practices that serve the legitimate business needs of the buying and selling institutions and the public interest. Ripple Labs , et al. , 20-cv-10832 (S.D.N.Y.),
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.
Troutman Sanders
MAY 2, 2023
Speaking at the Consensus 2023 conference, Senator Lummis stated that the next installment of her bill — the Responsible Financial Innovation Act — will be presented to the Senate within eight weeks. The bill additionally leaves room for assets that don’t fit neatly into either category. For more information, click here.
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