In This Issue:
- Fed Proposes Rule Requiring Banks to Stay Liquid During Crisis
- Simulation Tests Banks' Survival Against Cyber Attacks
- Largest Banks Close to Meeting Mortgage Settlement Obligations
- Number of FDCPA, FCRA Lawsuits Appears to be Declining
- CFPB Finds Private Student Loan Borrowers Struggling with Lenders
- CFPB Pushes Banks to Pressure Car Dealers Over Financing
- Banks Try to Improve Communication After CFPB Collects Complaints
- Credit Unions, Banks Take on Tax Code Reform
- Excerpt from Fed Proposes Rule Requiring Banks to Stay Liquid During Crisis:
During the financial crisis of 2008, the big banks fell dangerously short of cash, forcing them to take out enormous government loans to survive the tumult.
Please see full E-Note below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.
Topics: Banking Crisis, Banks, Car Dealerships, CFPB, Consumer Complaint System, Credit Unions, Cyber Attacks, FCRA, FDCPA, Lenders, Liquidity Coverage Ratio, Mortgages, Student Loans
Published In: Consumer Protection Updates, Education Updates, Finance & Banking Updates, Residential Real Estate Updates, Tax Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
© Burr & Forman | Attorney Advertising