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

Alston & Bird Consumer Finance ABstract

  • Home
  • Services
  • Contacts

Uncategorized

New CFPB Chief Rohit Chopra Confirmed by Senate and Takes Immediate Action Against Big Tech Firms

November 10, 2021 By Josh Dhyani

A&B Abstract: On September 30, 2021, the Senate confirmed Rohit Chopra to serve as director of the Consumer Financial Protection Bureau (CFPB) in a 50-48 vote along party lines. He had been serving as a member of the Federal Trade Commission (FTC) where he had been a vocal critic of big tech companies and advocated […]

Filed Under: Consumer Financial Protection Bureau (CFPB), Consumer Loan, Debt Collection, Dodd-Frank Act, Mortgage Servicing, Student Loans, Uncategorized Tagged With: #CFPB, #debtcollection, Mortgage Servicing, Servicing, student loan servicing

The District of Columbia Continues to Fight the “True Lender” Rule in Court

April 19, 2021 By Kelley Barnaby and Anne Martin

A&B ABstract: Innovative partnerships between banks and nonbanks have expanded lending services to consumers and small businesses. These partnerships, known as marketplace lending arrangements, offer non-traditional loan products to consumers and small businesses. Significantly, state laws establishing interest rate caps do not apply to marketplace lending arrangements where the bank is the true lender. But […]

Filed Under: Uncategorized Tagged With: #truelender

Fannie Mae and Freddie Mac Sunset the QM Patch

April 13, 2021 By Stephen Ornstein

The qualified mortgage (QM) rules have become a world of contradictions. In a client advisory, our Financial Services & Products Group investigates how the residential mortgage markets can thread the needle between new rulings from Fannie Mae and Freddie Mac and recent rulings from the Consumer Financial Protection Bureau.

Filed Under: Ability to Repay/Qualified Mortgage, Uncategorized Tagged With: #FannieMae, #FreddieMac, #QMPatch, QM

An Open Letter from Richard Hays, Chairman and Managing Partner, Alston & Bird

June 19, 2020 By Consumer Finance Team

As Alston & Bird is pausing today for a “Day of Learning and Reflection” in observation of Juneteenth, Chairman and Managing Partner Richard Hays posted an open letter regarding recent events, and how Alston & Bird can spur lasting and meaningful change in both the firm and the communities we serve: “As a firm with its […]

Filed Under: Uncategorized

Attorneys General Urge FHFA and HUD to Take Additional Measures to Protect Borrowers Affected by COVID-19

April 28, 2020 By Nanci Weissgold, Brian Johnson and Anoush Garakani

A&B Abstract: On April 23, 2020, the attorneys general of 33 states, the District of Columbia and Puerto Rico (the “Attorneys General”) sent two letters, one to the Federal Housing Finance Agency (“FHFA”) and the other to the U.S. Department of Housing and Urban Development (“HUD” and collectively with FHFA, the “Agencies”), respectively, noting that […]

Filed Under: Attorney General Actions, Department of Housing and Urban Development (HUD), Federal Housing Finance Agency (FHFA), Mortgage Loans, Mortgage Servicing, Uncategorized Tagged With: CARES Act, Covid-19, Forbearance, HUD, Mortgage Servicing, Servicing

  • Go to page 1
  • Go to page 2
  • Go to page 3
  • 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 #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 Fair Lending Forbearance Foreclosure HUD Mortgage Servicing passive investors QM QM Patch Regulation F SCRA Servicing student loan servicing UDAAP

Secondary Sidebar

Categories

Recent Posts

  • Joint Trade Associations Reject the CFPB’s “Discrimination-Unfairness” Theory
  • Did the CFPB Have Authority to Issue its RFI Regarding Employer-Driven Debt?
  • Second Juneteenth Holiday Raises Tricky Compliance Issues
  • Maryland Regulator Puts Lenders and Servicers on Notice Regarding the Assessment of So-Called “Convenience Fees”
  • CFPB Continues Scrutiny of Algorithmic Technology
Copyright © 2022 · Alston & Bird · All Rights Reserved. Privacy.