Last month, the latest class action regarding bank-charged returned payment fees passed a motion to dismiss in Mawyer v. Atl. Union Bank. This comes on the heels of the Federal Deposit Insurance Corporation (FDIC)'s recent...more
5/19/2022
/ Banking Examinations ,
Breach of Contract ,
Class Action ,
Consumer Contracts ,
Deposit Accounts ,
FDIC ,
Fees ,
Financial Services Industry ,
Insufficient Funds ,
UDAP ,
Unfair or Deceptive Trade Practices
Federal regulators earlier this week issued a notice of proposed rulemaking to raise the threshold for commercial real estate transactions requiring an appraisal from the current level of $250,000 to $400,000. The agencies...more