Banking
August 6, 2015

FFIEC Issues Cybersecurity Assessment Tool for Financial Institutions to Gauge Risk

The Federal Financial Institutions Examination Council (“FFIEC”) has released a Cybersecurity Assessment Tool to assist…
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Banking
August 3, 2015

Latest CFPB Supervisory Report Lists Violation Trends for Mortgage Origination and Servicing

The Consumer Financial Protection Bureau (‘CFPB”) has released its latest Supervisory Report for the first…
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Banking
July 27, 2015

CFPB Orders Citibank to Pay $700 Million to Consumers for Deceptive Credit Card Practices

The Consumer Financial Protection Bureau (CFPB) has ordered Citibank to pay $700 million to affected…
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Banking
July 6, 2015

CFPB Moves TRID Implementation Deadline to October 1

On June 17, 2015, the Consumer Financial Protection Bureau (‘CFPB”) announced a delay for the…
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BankingForeclosure
July 2, 2015

California Appeals Court Decision Allows Prevailing Borrower to Recover Attorneys’ Fees Under HBOR

In an issue of first impression, a California appeals court has ruled that a borrower…
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Banking
June 29, 2015

New CFPB Supervisory Report Identifies Multiple Mortgage Lending and Servicing Violations

The latest Supervisory Report released on June 23, 2015, by the Consumer Financial Protection Bureau…
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Banking
June 18, 2015

CFPB to Give Grace Period for TRID Implementation to Lenders Showing Good-Faith Effort to Comply

The Consumer Financial Protection Bureau (“CFPB”) said that it will provide a grace period to…
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Banking
June 8, 2015

U.S. Supreme Court Rules Junior Liens Cannot be Stripped in Chapter 7 Bankruptcy

The U.S. Supreme Court has ruled that Chapter 7 debtors cannot discharge junior liens on…
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Banking
June 4, 2015

Ninth Circuit Says Debt Collection Letter for Prejudgment Interest Does Not Violate FDCPA or Rosenthal Act

On May 12, 2015, the U.S. Court of Appeals for the Ninth Circuit ruled that…
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