2021 11 
Troutman Sanders
MAY 16, 2022
On May 11, the U.S. On May 6, the CFPB released its Fair Lending Report for 2021. The 2021 report also makes several prominent mentions of the use of artificial intelligence and machine learning. Digital assets were front and center, particularly the need for a federal regulatory framework for stablecoins. Engel , 37 N.Y.3d
Troutman Sanders
JANUARY 19, 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 temporary guidance was previously set to expire on February 17, 2021. You may access this interactive tool at [link].
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Troutman Sanders
JUNE 15, 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. State Activities: On June 11, Connecticut Attorney General William Tong and D.C. You may access this interactive tool at [link].
Troutman Sanders
OCTOBER 16, 2023
On October 11, the Federal Trade Commission (FTC) announced a new proposed rule to prohibit junk fees, which are hidden and bogus fees that can harm consumers and undercut honest businesses. On October 11, the Securities and Exchange Commission (SEC) informed the U.S. For more information, click here. For more information, click here.
Price Meese
JUNE 30, 2021
Purcell | June 16, 2021. The Legislation, signed into law by Governor Murphy on June 4, 2021, was intended to, 30 days after enactment, end the COVID-19 “public health emergency” invoked by the governor under the Health Powers Act. As a result of the governor’s issuance of EO 244, the COVID-19 Extension Period ended on June 4, 2021.
Troutman Sanders
JANUARY 11, 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. A temporary rule, created in response to COVID-19, has been in place since June 2020 and is set to expire on February 17, 2021.
Burr Forman
DECEMBER 4, 2020
With new and impending changes in both the economic and political landscape, financial institutions have had to adapt to ever-changing policies governing consumer loan servicing and debt collection. The new bill issued a moratorium on evictions, foreclosures, and repossessions, which expired on June 30, 2020.
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