A&B Abstract: The U.S. Court of Appeals for the Eleventh Circuit, covering Alabama, Florida, and Georgia, recently decided in Hunstein v. Preferred Collection and Management, Inc., that a debt collector’s communication with its third-party … [Continue reading] about The Hunstein Case: Upending Servicing and Debt Collection?
In a lengthy Executive Order issued on May 12, 2021 (the “Order”), the Biden Administration has taken steps “to make bold changes and significant investments” in both public and private sector cybersecurity “in order to defend the vital institutions … [Continue reading] about Executive Order Details Cybersecurity Changes For Public And Private Sectors
A&B ABstract: The CFPB’s Bulletin 2021-01 released on March 31, 2021 announced changes to the Bureau's type of communications. Does this bulletin suggest a desire of the CFPB to use the examination process for purposes that go beyond … [Continue reading] about An Ominous Development in CFPB Supervision
Brendan Clegg joined Alston & Bird in March 2021 as counsel in the Financial Services & Products Group in Washington, D.C. He focuses his practice on state and federal bank regulatory issues and advises bank and non-bank clients regarding … [Continue reading] about Alston & Bird Welcomes Brendan Clegg
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 … [Continue reading] about The District of Columbia Continues to Fight the “True Lender” Rule in Court