Ryan Gallagher

Ryan Gallagher

Saul Ewing LLP

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Consumer Financial Protection Bureau Pursues Action to Stop Kickback to Brokerages for Steering Consumers to Rocket Mortgage

The Consumer Financial Protection Bureau (“CFPB”) filed an action on December 23, 2024, against Rocket Home Real Estate LLC (“Rocket Homes”), a real estate brokerage and affiliates (“Defendant Brokerage”) and an individual...more

1/13/2025  /  Consumer Financial Products , Consumer Financial Protection Bureau (CFPB) , Consumer Protection Laws , Enforcement Actions , Financial Regulatory Reform , Financial Services Industry , Mortgage Lenders , Mortgages , Real Estate Transactions , RESPA

New York Department of Financial Services Guidance on AI-Related Cybersecurity Risks

On October 16, 2024, the New York Department of Financial Services (“NYDFS”) issued guidance and strategies (“Guidance”) concerning cybersecurity risks that arise in response to the advancements in artificial intelligence...more

10/28/2024  /  Artificial Intelligence , Cyber Attacks , Cyber Threats , Cybersecurity , Cybersecurity Framework , Financial Services Industry , NYDFS , Regulatory Oversight , Risk Assessment , Risk Management
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