The New York Department of Financial Services (NYDFS) recently surprised financial services’ compliance and legal professionals by announcing the creation of a “Consumer Protection and Financial Enforcement Division.”...more
The U.S. District Court for the Southern District of Ohio recently issued a landmark decision regarding the reasonableness of a bank’s reliance on Appendix Q regarding nonemployment-related consumer income validation for a...more
Leveraging blockchain technology to enhance supply chain logistics in the retail food industry is a prime business case for the many economic and public policy benefits that this new technology platform presents and that...more
2/8/2019
/ Blockchain ,
Data Management ,
Distributed Ledger Technology (DLT) ,
Food Safety ,
Food Supply ,
FSMA ,
Grocery Stores ,
Popular ,
Retail Market ,
Smart Contracts ,
Supply Chain
Connecticut Governor Dannel Malloy recently signed a new bill into law that helps Connecticut consumers understand how much they would need to pay in order to satisfy a judgement lien....more
6/11/2018
/ Consumer Lenders ,
Debt ,
Debtors ,
Judgment Liens ,
Lienholders ,
Mortgage Lenders ,
Mortgage Servicers ,
Mortgages ,
New Legislation ,
Payoff Requirements ,
Qualified Written Requests ,
State and Local Government
While the court opinion on the constitutionality of the CFPB’s structure was long awaited, its decision related to RESPA affords the mortgage industry much-needed clarity. ...more
2/8/2018
/ Administrative Authority ,
Captive Insurance Company ,
Constitutional Challenges ,
Consumer Financial Products ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Insurance Industry ,
Mortgages ,
PHH Corp. v CFPB ,
Popular ,
Reinsurance ,
Removal For-Cause ,
RESPA ,
Single Director ,
Statute of Limitations