In This Issue:
- FEDERAL ISSUES
- STATE ISSUES
- FIRM NEWS
- CONSUMER FINANCE
- PRIVACY/DATA SECURITY
- Excerpt from Payments:
FTC Issues Report on Mobile Payment Consumer Protections. On March 8, the FTC released a report on mobile payments by consumers. The report, based on a FTC workshop held in April 2012, focuses on financial, security, and privacy consumer protections. The FTC encourages companies to develop clear dispute resolution policies to address customer claims of fraudulent mobile payments or unauthorized charges.k
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Topics: Advertising, CFPB, Escrow Holders, Fannie Mae, FIRREA, Freddie Mac, FTC, Gramm-Leach-Blilely Act, Housing Discrimination, Invasion of Privacy, Licenses, Mary Jo White, Mobile Payments, Mortgage Loan Originators, Mortgages, Recess Appointments, Richard Cordray, SCRA, SEC, Student Loans, ZIP Codes
Consumer Protection Updates, Finance & Banking Updates, Privacy Updates, Residential Real Estate Updates, Securities Law 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.
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