News & Analysis as of

New Legislation › Consumer Financial Protection Bureau (CFPB) › Mortgage Lenders

Orrick, Herrington & Sutcliffe LLP

California Senate advances bill to expand DFPI authority

Orrick, Herrington & Sutcliffe LLP on

On April 2, the California Senate Banking and Financial Institutions Committee voted to move forward with legislation that would expand the DFPI’s powers to oversee businesses traditionally governed by the CFPB. The bill, SB...more

Snell & Wilmer

Financial Institutions Heads Up: CA Legislation Pending and Potential Increasing Scrutiny

Snell & Wilmer on

In a week where the Office of the Comptroller of the Currency (OCC) has a new Acting Director, Rodney Hood, who will focus on a “balanced framework – one that fosters innovation, expands financial inclusion, and ensures all...more

Sheppard Mullin Richter & Hampton LLP

Immediate Enactment Of Juneteenth As A Federal Holiday Will Have Significant Impact On Mortgage Lenders And Other Consumer Lenders

Sheppard Mullin Richter & Hampton LLP on

On June 17, 2021, President Biden signed Senate Bill 475 into law, making “Juneteenth” a federal holiday. Because June 19th falls on a Saturday this year, the day will be observed by federal government offices on June 18,...more

Miles & Stockbridge P.C.

California Moves to Outdo the Consumer Financial Protection Bureau

Miles & Stockbridge P.C. on

The new California law discussed in this Legislative Alert does not have the earth-shattering significance of Trump versus Biden, or even Godzilla versus Mothra, but tremors have originated on the Pacific coast and are likely...more

Holland & Knight LLP

Regulatory Relief Act Benefits Community and Regional Banks

Holland & Knight LLP on

• The Economic Growth, Regulatory Relief and Consumer Protection Act (the Act), which engendered substantial bipartisan support and was recently signed into law by President Donald Trump, amends parts of the Dodd-Frank Wall...more

Carlton Fields

Title Insurance Regulatory and Legislative Update - February 2015

Carlton Fields on

FEDERAL - New CFPB Compliance Bulletin Impacts Service Providers: The Consumer Finance Protection Bureau (“CFPB”) recently issued Compliance Bulletin 2015-01, which reminds persons subject to the regulatory authority...more

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