The impact of state usury laws on marketplace lending has been an area of concern since the inception of the industry. In a technique borrowed from the payday lending industry, online platforms that make unsecured consumer...more
“Wishing you a pot o’ gold, and all the joy your heart can hold.” – traditional St. Patrick’s Day greeting - On March 17, 2020, the Federal Reserve Board announced the establishment of the Commercial Paper Funding Facility...more
Over the last two days, the Office of the Comptroller of the Currency (“OCC”) and the Federal Deposit Insurance Corporation (“FDIC”) (together, the “Agencies”) each issued a proposed rule (collectively, the “Proposed Rules”)...more
On September 27, 2017, the Office of Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (the “Agencies”) released a joint Notice of Proposed...more
In late 2011 and early 2012, the fragile green shoots of recovery began to peek out from the barren blasted heath of the crisis-blown financial markets. Market activity was spurred by a rare confluence of secular trends,...more
12/14/2016
/ CMBS ,
Commercial Mortgage Securitization ,
Commercial Real Estate Market ,
Dodd-Frank ,
Employee Retirement Income Security Act (ERISA) ,
EU ,
Investment Company Act of 1940 ,
Investors ,
Lenders ,
Loans ,
Mortgages ,
Peer-to-Peer ,
Popular ,
Real Estate Investments ,
Secondary Markets ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC)