ArticleMBA TRID Resource Guide 2nd EditionThe Mortgage Bankers Association has released the 2nd Edition of its TRID Resource Guide. United StatesFinance and BankingMorrison Foerster
ArticleMemphis Bank Settles Allegations Of Discriminating Against Majority-Black And Hispanic NeighborhoodsThe Consumer Financial Protection Bureau ("CFPB") and U.S. Department of Justice ("DOJ") reached a settlement with Trustmark National Bank...United StatesFinance and BankingCozen O'Connor
ArticleMontana Reduces Renewal Licensing Fees Due To COVID-19The Montana Department of Administration recently amended its regulations relating to licensing renewal fees for all mortgage industry license types to reduce the renewal fees by two-thirds for the 2021 renewal period ...United StatesFinance and BankingBallard Spahr LLP
ArticleMortgage Servicer Settles CFPB Charges For Violating TILA, CFPA And RESPABSI Financial Services ("BSI"), a mortgage servicer, agreed to settle CFPB charges for violating the Truth in Lending Act.United StatesFinance and BankingHogan Lovells Cadwalader
ArticleMortgages Continue To Rank High In CFPB's Monthly Complaint ReportOn January 28, the Consumer Financial Protection Bureau released its monthly consumer complaint report, highlighting consumer complaints about financial services such as debt settlement, check cashing, money orders, and credit repair. United StatesFinance and BankingTroutman Pepper Locke LLP
ArticleMunicipal Securities Firm Settles FINRA Charges For SHORT System Reporting FailuresA firm engaged in municipal securities transactions settled FINRA charges for reporting failures regarding the MSRB's Short-Term Obligation Transparency System.United StatesFinance and BankingHogan Lovells Cadwalader
ArticleNew York Law Journal: Realty Law Digest - April 1, 2015Scott Mollen analyzes three notable cases. In 208 Avenue a Assoc. v. Calanni, the court rejected a claim that an attorney lacked authority to enter into a settlement.United StatesFinance and BankingHerrick, Feinstein LLP
ArticleNew York Supreme Court Holds RMBS Claims Are Timely, But Accrual Provision UnenforceableOn March 3, 2015, Justice Marcy S. Friedman of the New York Supreme Court granted in part and dismissed in part Defendant Greenpoint Mortgage Funding...United StatesFinance and BankingOrrick
ArticleNo End In Sight Yet For Conservatorship Of Fannie Mae And Freddie MacMelvin Watt, Director of the Federal Housing Finance Agency, remarked that he did not see an immediate end to the federal government’s conservatorship of Fannie Mae and Freddie Mac.United StatesFinance and BankingTroutman Pepper Locke LLP
ArticleOnly 28 Days Left To Submit Comments Regarding The CFPB's Proposed Modifications To Home Mortgage Disclosure (Regulation C)The CFPB has published for public comment, a proposed rule amending Regulation C to implement amendments to the Home Mortgage Disclosure Act.United StatesFinance and BankingFoley & Lardner LLP
ArticleOptions Firm Settles NYSE American Charges For Order Marking DeficienciesA firm settled NYSE American charges for mismarking long sale orders as "short," and short sale orders as "long," due to intermittent system issues and programming errors, respectively.United StatesFinance and BankingHogan Lovells Cadwalader
ArticlePresident Trump Vows To Pursue Charges Against Bank For Mortgage Lending AbusesPresident Donald J. Trump wrote that "fines and penalties against Wells Fargo Bank . . . will not be dropped, as has incorrectly been reported, but will be pursued and, if anything...United StatesFinance and BankingHogan Lovells Cadwalader
ArticleProprietary Trading Firm Settles CFTC Spoofing ChargesGeneva Trading neither admitted nor denied the CFTC findings.United StatesFinance and BankingHogan Lovells Cadwalader
ArticleQuestions About Ability To Repay And Qualified MortgagesThe January 10, 2014 effective date for implementation of the CFPB’s Ability to Repay and Qualified Mortgage Rules has come and gone. United StatesFinance and BankingButler Snow LLP
ArticleQuestions About Ability To Repay And Qualified MortgagesThe January 10, 2014 effective date for implementation of the CFPB’s Ability to Repay and Qualified Mortgage Rules has come and goneUnited StatesFinance and BankingButler Snow LLP
ArticleRating Agency Developments - November, 2016On November 23, 2016, Moody's published its updated methodology for Special Assessment/Special Property Tax (Non-Ad Valorem) Debt. Release.United StatesFinance and BankingOrrick
ArticleReading Assignment – Updated With Link To ArticleThe Consumer Financial Protection Bureau has issued overboard amendments to consumer regulation. United StatesFinance and BankingWaller Lansden Dortch & Davis
ArticleRecent Matters - November 22, 2019 | Issue No. 6Represented the agent, on behalf of a bank group, with respect to a $145,075,000 loan secured by a mixed use property located on the Upper East Side of Manhattan.United StatesFinance and BankingHogan Lovells Cadwalader
ArticleRescue Scammers Stall Foreclosures By Filing False Documents To Cloud TitleIn recent years, the industry has seen various types of foreclosure rescue fraud perpetrated against borrowers, lenders, and servicers. United StatesFinance and BankingTroutman Pepper Locke LLP