A&B ABstract: On September 1, 2020, the Deputy Superintendent of the New York Department of Financial Services (“NYDFS”), issued guidance (the “Guidance”) to New York State regulated mortgage lenders and servicers (collectively referred to as … [Continue reading] about NYDFS Issues Guidance to Mortgage Servicers Regarding Assessment of Registration Fees
FTC Seeks Comment on Proposed Changes to FCRA Rules for Motor Vehicle Dealers
A&B ABstract: The FTC is seeking public comment on proposed changes to five FCRA rules aimed at clarifying that these rules, as promulgated by the FTC, apply only to motor vehicle dealers, as equivalent rules promulgated by the CFPB will apply to … [Continue reading] about FTC Seeks Comment on Proposed Changes to FCRA Rules for Motor Vehicle Dealers
California Passes Bill Extending Exemptions for Employment and Business-to-Business Information Under the CCPA
On Friday, August 28, the California state legislature passed Assembly Bill 1281 (“AB 1281”), potentially extending until January 1, 2022 the partial exemptions for employment and business-to-business data under the California Consumer Privacy … [Continue reading] about California Passes Bill Extending Exemptions for Employment and Business-to-Business Information Under the CCPA
Colorado “True Lender” Matters Settle
A&B ABstract: As we have previously reported, the Administrator of the Colorado Uniform Consumer Credit Code has been engaged in litigation against certain marketplace lending programs, alleging the marketplace lenders were the true lenders … [Continue reading] about Colorado “True Lender” Matters Settle
Massachusetts AG Announces Division Focused on Data Privacy and Security
On August 13, Massachusetts Attorney General Maura Healey announced the creation of a Data Privacy and Security Division with the AG’s office, and named Sara Cable as Chief of the new division. The new division is intended to protect Massachusetts … [Continue reading] about Massachusetts AG Announces Division Focused on Data Privacy and Security