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  • Article

    European Banking Authority Consults On Draft Regulatory Technical Standards For Capital Requirements For Mortgage Exposures

    The consultation also seeks views on the levels of indicative benchmarks for loss expectations when higher risk weights are set. Responses to the consultation are due by October 6, 2015.
    European UnionFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    New CFPB Mortgage Servicing Amendments Likely To Pose Implementation And Compliance Challenges

    The Consumer Financial Protection Bureau (CFPB) recently released a final rule amending the existing mortgage servicing rules in Regulations X and Z.
    United StatesConsumer Protection
    Bradley Arant Boult Cummings LLP
Bradley Arant Boult Cummings LLP
  • Article

    Patchwork Of Coronavirus (COVID-19) Mortgage And Rent Forbearance Efforts Creates Challenges For Mortgage Lenders And Servicers

    As consumers and business face ever-worsening financial conditions in the wake of the COVID-19 pandemic, federal agencies and some states and localities have stepped in to provide foreclosure
    United StatesCoronavirus (COVID-19)
    Morrison Foerster
    Morrison Foerster
  • Article

    Comment Period On NMLS Modernization Initiative Due May 31

    The deadline to comment on the NMLS Modernization Networked Licensing Model, Licensing Requirements Framework, Core Requirements & Identify Verification Proposal is Monday, May 31.
    United StatesCorporate/Commercial Law
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Hart-Scott-Rodino Update; Revised Premerger Notification And Report Firm Issued By FTC And DOJ

    Nearly a year after requesting comments on proposed changes to the Hart-Scott-Rodino premerger notification and report form, the Federal Trade Commission and Department of Justice today published the final version of the new form and related final rules.
    United StatesCorporate/Commercial Law
    Waller Lansden Dortch & Davis
    Waller Lansden Dortch & Davis
  • Article

    FIRREA: A Powerful Tool For The Government

    The government has recovered a total of nearly $62 billion in fines and penalties from these cases.
    United StatesCriminal Law
    Duane Morris LLP
    Duane Morris LLP
  • Article

    Arkansas Amends Mortgage Licensing Provisions On MLO Remote Work And Notification Requirements

    The amendments are effective on August 2, 2021.
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Broker-Dealer Fined For Failing To Update Employee Registration Forms

    A broker-dealer firm settled FINRA charges for failing to amend its representatives' Uniform Application for Securities Industry Registration or...
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Broker-Dealer Settles FINRA Trade Reporting Charges Relating To Exercise Of OTC Options

    A broker-dealer settled FINRA charges of failing to report transactions arising from the exercise of OTC options, and of related supervisory violations.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    CFPB Delays Compliance Date For Amended Rule On General Qualified Mortgage Definition

    The CFPB delayed the compliance date for an amendment to the definition of the General Qualified Mortgage ("General QM") category under Regulation Z.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    CFPB: "F" Is For "Foreclosure," "FDCPA"

    The CFPB has weighed in on whether a trustee foreclosing on a California home qualifies as a "debt collector" under the federal Fair Debt Collection Practices Act.
    United StatesFinance and Banking
    Morrison Foerster
    Morrison Foerster
  • Article

    CFPB Issues A Rule To Oversee Nonbank Student Loan Servicers

    On December 3, the CFPB issued a rule that allows it to supervise certain nonbank student loan servicers.
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    CFPB Releases HMDA 2021 Regulatory And Reporting Reference Chart

    The CFPB recently released a regulatory and reporting overview reference chart for Home Mortgage Disclosure Act (HMDA) data to be collected in 2021.
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    CFPB Releases New Mortgage Guide For Real Estate Professionals

    The CFPB launched a suite of web-based materials for real estate professionals to better understand the Know Before You Owe mortgage disclosure rule.
    United StatesFinance and Banking
    Morrison Foerster
    Morrison Foerster
  • Article

    CFPB Study Finds Electronic Mortgage Closings Can Benefit Consumers

    On August 4, the CFPB published a report on its "Know Before You Owe" eClosing project which found that borrowers can benefit from electronic closings when navigating the mortgage closing process.
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    CFPB TRID Webinar Series

    The CFPB has released a recording of its most recent webinar on the TILA-RESPA Integrated Disclosures rule, "TILA-RESPA Integrated Disclosure, Part 5: Implementation Challenges and Questions."
    United StatesFinance and Banking
    Morrison Foerster
    Morrison Foerster
  • Article

    CMBS Loan Modifications

    This chart outlines the circumstances under which modifications may be made to CMBS loans included in REMICs or grantor trusts without causing the related REMIC or grantor trust...
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Court Declines To Vacate Jury Verdict In Countrywide FIRREA Lawsuit

    On February 3, Judge Jed S. Rakoff of the United States District Court of the Southern District of New York denied Bank of America Corporation’s and Rebecca Mairone’s motion for judgment as a matter of law...
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    Court Denies BofA's Motion To Reconsider Use Of FHFA Documents Produced In Other RMBS Litigation

    Court Denies BofA's Motion to Reconsider Use of FHFA Documents Produced in Other RMBS Litigation.
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    CRS Reviews The Development And Current Market For Mortgage Servicing Rights

    In a new report, the Congressional Research Service ("CRS") described the development of "mortgage servicing rights" since the 2008 financial crisis.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Showing 21–40 of 5947 results

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