The OCC issued a proposed rule on May 25, 2011 to implement certain provisions of the Dodd-Frank Wall Street Reform Act, which became effective July 21, 2011. The rule includes National Bank Act preemption provisions that…more
This article, first appearing in Consumer Financial Services Law Report (6/8/2011), discusses the OCC's response to a request from Senators Thomas Carper (D-Del) and Mark Warner (D-Va) that the OCC clarify its interpretation of…more
Since Congress passed the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (the SAFE Act), mortgage loan originators and non-depository mortgage companies have learned that the promised uniformity of regulation…more
Since Congress passed the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (the SAFE Act), mortgage loan originators and non-depository mortgage companies have learned that the promised uniformity of regulation…more
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