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

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. Although not required, the confirmed successor in interest may assume the loan upon consent. Periodic statements.

Collateral 52

Collateral Lender Loans Foreclosure 52

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. Currently, any student loan debt canceled by the government can be considered taxable and levied at the borrower’s normal income tax rate.

Financial services 52

Financial services Retail Foreclosure Financial Institution 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 August 8, the Office of the Comptroller of the Currency (OCC) issued a bulletin to provide banks with guidance regarding the applicability of the legal lending limit to purchased loans. Ripple Labs , et al. ,

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.

Financial services 52

Financial services Foreclosure Collection Agencies Collections Agency 52

Troutman Sanders

MAY 2, 2023

PACE loans, secured by a property tax lien on the borrower’s home, are often promoted as a way to finance clean energy improvements, such as solar panels. PACE loans, secured by a property tax lien on the borrower’s home, are often promoted as a way to finance clean energy improvements, such as solar panels. On April 29, U.S.

Financial services 52

Financial services Trade Consumer Credit Government 52