• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar

Alston & Bird Consumer Finance ABstract

  • Home
  • Services
  • Contacts

State Law

Will Maine begin to regulate passive, secondary market investors in student loan debt?

July 17, 2019 By Lisa Lanham

A&B Abstract:  Maine’s New Student Loan Bill of Rights requires the licensing of any person acting as “directly or indirectly” as a student loan servicer.  What might that mean for passive, secondary market investors in student loan debt? Background On June 20, 2019, Maine Governor Janet Mills signed into law LD 995, Maine’s “Student Loan […]

Filed Under: Licensing, State Law, Student Loans Tagged With: Maine, passive investors, student loan servicing

Potential Changes to the CCPA; California Senate Considers Amendments

July 17, 2019 By David Keating and Dorian Simmons

On April 30, we detailed several proposed amendments to the California Consumer Privacy Act (the “CCPA”) that were advancing in the State Assembly (see our previous blog post here). Since then, a number of the proposed amendments passed the Assembly and moved to the California Senate, where they remain under consideration. This past week the Judiciary […]

Filed Under: Privacy and Cybersecurity, State Law Tagged With: #California, #CCPA, #Privacy #Privacylitigation, #statelaw

Connecticut Officially Becomes an Attorney Closing State

July 14, 2019 By Nanci Weissgold

A&B Abstract: Effective October 1, 2019 only Connecticut licensed attorneys can conduct real estate closings in the state for certain mortgage loan transactions. Real Estate Closings The process of closing a loan generally involves four core functions: transferring title to the buyer; transmitting payment to the seller (usually through an escrow agent); discharging any outstanding […]

Filed Under: Mortgage Loans, State Law Tagged With: Closing agent, Connecticut, unauthorized practice of law

Maine Creates Mortgage Servicer Duty of Good Faith

June 25, 2019 By Morey Barnes Yost

Maine is joining the ranks of states whose requirements for mortgage servicers may exceed those of the CFPB’s Mortgage Servicing Rules.  Effective September 19, Senate Paper 415 (2019 Me. Laws 363) creates a mortgage servicer duty of “good faith,” meaning honesty in fact, and the observance of reasonable commercial standards of fair dealing.  This duty […]

Filed Under: Mortgage Loans, State Law Tagged With: Foreclosure, Servicing

NYDFS Proposes Overhaul to Mortgage Loan Servicer Business Conduct Rules

June 18, 2019 By Consumer Finance Team

The New York Department of Financial Services has proposed significant changes to the mortgage servicer business conduct rules found in Part 419 of the Superintendent’s Regulations.  The proposed changes represent the first major changes to Part 419 since its adoption nearly 10 years ago.  Some of the significant proposed changes to Part 419 include: Adding […]

Filed Under: Consumer Loan, Escrow, Mortgage Loans, State Law Tagged With: #NYDFS

  • « Go to Previous Page
  • Go to page 1
  • Interim pages omitted …
  • Go to page 12
  • Go to page 13
  • Go to page 14
  • Go to page 15
  • Go to Next Page »

Primary Sidebar

RECEIVE EMAIL NOTIFICATIONS WHEN NEW POSTS ARE ADDED.

A confirmation email has been sent to the email address provided.


Tags

#California #CCPA #CFPA #CFPB #COVID=19 #debtcollection #evaluations #FCRA #FDCPA #GSEs #HECM #Massachusetts #mortgageservicing #NYDFS #Part419 #Privacy #QMPatch #SupervisoryHighlights #validwhenmade Ability to Repay abusive ATR/QM CARES Act Case law Covid-19 Credit Reporting CSBS Cybersecurity data breach Debt Collection DOJ Eleventh Circuit FACTA Forbearance Foreclosure HUD Mortgage Servicing passive investors QM QM Patch Regulation F SCRA Servicing student loan servicing UDAAP

Secondary Sidebar

Categories

Recent Posts

  • Client Advisory: One Person’s Junk Fee Is Another’s Treasure
  • Utah to regulate smaller commercial non-real estate secured financings
  • PAVE Task Force Issues Action Plan to Address Appraisal Bias
  • CFPB Issues Bulletin About Auto Repossession, Congressional Republicans Respond
  • New York Amends Contact Requirements for Certain Delinquent Borrowers
Copyright © 2022 · Alston & Bird · All Rights Reserved. Privacy.