On October 1, 2025, Nevada Senate Bill 437 takes effect, which will amend the Nevada Installment Loan and Finance Act (“ILFA”) to significantly streamline licensing and operational requirements for consumer lenders that...more
On May 14, 2025, Governor Brian Kemp signed Georgia House Bill 15 into law. House Bill 15, which will take effect on July 1, 2025, will implement several major changes to Georgia’s residential mortgage licensing law, the...more
6/11/2025
/ Board of Directors ,
Corporate Governance ,
Financial Institutions ,
Georgia ,
Loans ,
Mortgage Lenders ,
Mortgages ,
New Legislation ,
Prudential Standards ,
Regulatory Reform ,
Regulatory Requirements
Shortly after Mayer Brown published an update on legislation introduced to exempt passive trusts and other assignees of certain Maryland loans from licensing, Governor Wes Moore signed the legislation into law. The Maryland...more
Just days apart, Arkansas and Utah enacted laws to regulate providers of earned wage access (“EWA”) services, joining the handful of states that have enacted legislation to regulate these products since 2022. Arkansas House...more
4/22/2025
/ Consumer Financial Products ,
Consumer Protection Laws ,
Disclosure Requirements ,
Earned Wage Access ,
Fees ,
FinTech ,
New Legislation ,
Popular ,
Regulatory Reform ,
Regulatory Requirements ,
State Legislatures