For so many people and companies, 2020 was a year of uncertainty unlike any other in recent memory. It was no different for the financial services industry. The biggest uncertainty was COVID-19. The global pandemic had a...more
2/18/2021
/ CARES Act ,
Consumer Financial Products ,
Consumer Lenders ,
Coronavirus/COVID-19 ,
Debit and Credit Card Transactions ,
Debt Collection ,
Economic Downturn ,
Financial Services Industry ,
FinTech ,
Mortgage Lenders ,
Mortgage Servicers ,
Mortgages ,
Payday Loans ,
Relief Measures ,
Student Loans ,
TCPA
At the start of the new year, both California’s Governor Newson and New York’s Governor Cuomo proposed expansions to their respective state’s regulatory oversight of consumer financial services.
Of particular note,...more
1/28/2020
/ Administrative Authority ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Lenders ,
Consumer Protection Laws ,
Department of Business Oversight ,
Enforcement Authority ,
Financial Services Industry ,
Governor Cuomo ,
Governor Newsom ,
NYDFS ,
Proposed Regulation
On September 25, 2019, California’s Governor signed into law two bills that impact financial consumer services companies in California: California Assembly Bill 539 and California Senate Bill 187. Both laws go into effect...more
11/19/2019
/ Amended Legislation ,
Brokers ,
Consumer Lenders ,
Debt Collectors ,
FDCPA ,
Financial Services Industry ,
Governor Newsom ,
Lenders ,
Mortgage Lenders ,
Mortgages ,
New Legislation