Banking
December 17, 2015

CFPB to DC Circuit: $109M Fine Against PHH Corp. Justified to Deter Bad Behavior

In a response brief to the U.S. Court of Appeals for the District of Columbia,…
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BankingBankruptcy
December 14, 2015

U.S. Trustee Program Settles with Wells Fargo for Errors Affecting Homeowners in Bankruptcy

A $81.6 million settlement has been reached between the Department of Justice’s U.S. Trustee Program…
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Banking
December 3, 2015

CFPB Issues New Lender Guidance on Marketing Services Agreements

The Consumer Financial Protection Bureau (CFPB) has issued Compliance Bulletin 2015-05 that cautions mortgage lenders…
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Banking
November 19, 2015

Federal Budget Deal Brings TCPA Exemption for Federal Loan Servicers

The Bipartisan Budget Act of 2015 that was signed into law by President Obama and…
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BankingBusiness Law
November 5, 2015

Commerce Department Issues New BE-180 Survey Guidance for Certain Financial Services Providers

The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) has issued new guidance that…
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Banking
October 29, 2015

California Bill Authorizing Commercial Lenders to Pay Referral Fees Signed Into Law

On October 10, 2015, Gov. Jerry Brown signed SB-197 into law, amending the California Finance…
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Banking
October 26, 2015

Typo in Property Deed Affects Tax Lien Priority

In Beal Bank v. United States, typographical errors in a property’s legal description recently cost…
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Banking
October 22, 2015

FCC Adds E-Faxes to List of Communications Covered by TCPA

Recently, the Federal Communications Commission (“FCC”) issued a ruling stating that electronic faxes (“e-faxes”) are…
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Banking
October 19, 2015

Second Circuit Rules Transfer of Service Letter Not Exempt From FDCPA

The U.S. Court of Appeals for the Second Circuit has ruled that a lender’s transfer…
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Banking
October 15, 2015

City of Los Angeles Drops Mortgage Discrimination Suit Against JPMorgan

On September 1, 2015, the City of Los Angeles filed a motion in federal district…
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