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
A&B Attorneys Address “The Impact of COVID-19 on Mortgage Servicing Rights and Servicing Advances”
On August 11, a multidisciplinary group of Alston & Bird lawyers hosted the webinar “The Impact of COVID-19 on Mortgage Servicing Rights and Servicing Advances.” Participants were Karen Gelernt and Katrina Llanes, Finance practice partners; … [Continue reading] about A&B Attorneys Address “The Impact of COVID-19 on Mortgage Servicing Rights and Servicing Advances”
CFPB Institutes Redlining Action Against Non-Bank Mortgage Lender
A&B ABstract: Recently, the Consumer Financial Protection Bureau (“CFPB”) brought its first ever redlining case against a non-depository institution. While the CFPB has yet to issue guidance regarding how it would evaluate a non-bank lender’s … [Continue reading] about CFPB Institutes Redlining Action Against Non-Bank Mortgage Lender
“RESPA Section 8 – the CFPB and President Should Act Now to Restore the Rule of Law”
The Heritage Foundation recently published “RESPA Section 8 – the CFPB and President Should Act Now to Restore the Rule of Law” by Alston & Bird’s Brian Johnson. While no substitute for reading the full article, below is a brief summary and key … [Continue reading] about “RESPA Section 8 – the CFPB and President Should Act Now to Restore the Rule of Law”
House Financial Services Committee Subcommittee on Oversight and Investigations Holds Hearing on Mortgage Servicers and CARES Act Implementation
A&B Abstract: On July 16, 2020, the U.S. House Committee on Financial Services’ (the “Committee”) Subcommittee on Oversight and Investigations (the “Subcommittee”) held a hearing to discuss mortgage servicers and their implementation of the … [Continue reading] about House Financial Services Committee Subcommittee on Oversight and Investigations Holds Hearing on Mortgage Servicers and CARES Act Implementation