The Consumer Financial Protection Bureau’s civil investigative demand (“CID”) authority has recently presented significant compliance difficulties for companies that have received requests for information relating to an...more
5/9/2013 - CFPB CID Dodd-Frank FDIC FTC
This Alert describes the recently issued guidance (the “Guidance”) from the U.S. banking agencies instructing regulated domestic and foreign banks, subsidiaries and affiliates on implementing an acceptable infrastructure to...more
4/3/2013 - Asset Valuations Leveraged Loans Management Information Systems Pipeline Transaction Management Risk Management Underwriting
This analysis updates a previous memo and incorporates advice we have received from the Federal Reserve Board (“FRB”) and the Federal Deposit Insurance Corporation (“FDIC”) regarding the preparation of living wills for bank...more
2/8/2013 - Bank Holding Company Depository Institutions Eligible Covered Company FDIC Insolvency Living Will Restructuring
Rising home values in many areas of the country and improved economic data have buoyed hopes that the recession may be behind us, but no one expects an immediate return of either pre-2007 home value appreciation or the loose...more
2/5/2013 - Foreclosure Investors Mortgage Loan Servicing Standards Mortgages REO Portfolios Single Family Housing
This analysis updates a previous memo and incorporates advice we have received from the Federal Reserve Board (“FRB”) and the Federal Deposit Insurance Corporation (“FDIC”) regarding the preparation of living wills by covered...more
12/3/2012 - FBOs FDIC Federal Reserve Living Will
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