Banking
October 12, 2015

Ninth Circuit Rejects CFPB’s Interpretation of RESPA in Amicus Brief

An amicus brief filed by the Consumer Financial Protection Bureau (“CFPB”) in Edwards v. First…
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Banking
October 8, 2015

Regulators Release Final Standards for Diversity Policies and Practices

Six financial institution regulatory agencies — The Office of the Comptroller of the Currency (“OCC”),…
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Banking
October 5, 2015

Changes to California Finance Lenders Law Advance

A California bill — SB-197 — that amends the California Finance Lenders Law (CFLL) to…
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BankingBusiness Law
September 28, 2015

California Appeals Court Rules Original Creditor Must Testify to Debt Acquired by Assignee

A California appeals court has ruled that when a collection agency relies on records created…
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Banking
September 7, 2015

In Precedential Case, Federal Circuit Rules a Debt Collector Bears Burden of Proof to Obtain FDCPA Exception for Third Party Communication

In a matter of first impression, the U.S. Court of Appeals for the Third Circuit…
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Banking
September 3, 2015

Community Bank Group Warns CFPB of Potential TRID “Black Hole” for Lenders

The Consumer Home Lenders Association (“CHLA”) has notified the Consumer Financial Protection Bureau (“CFPB”) of…
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Banking
August 27, 2015

Ninth Circuit Upholds California Resident’s Right to Recover Under Reciprocal Provisions of California Civil Code

The U.S. Court of Appeals for the Ninth Circuit has upheld a district court ruling…
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Banking
August 24, 2015

Results of CFPB eClosing Pilot Program for Mortgage Loans Issued by Bureau

The Consumer Financial Protection Bureau (“CFPB”) has issued a report on its 2014 “Know Before…
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Banking
August 21, 2015

CFPB Issues Guidance to Mortgage Servicers on Homeowners Protection Act Requirements for PMI Cancellation and Termination

The Consumer Financial Protection Bureau (“CFPB”) has issued a bulletin providing guidance to mortgage servicers…
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Banking
August 18, 2015

$109M CFPB Penalty Against Mortgage Lender PHH Stayed by DC Circuit

A three-judge appeals panel from the U.S. Court of Appeals for the District of Columbia…
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