On Friday morning, regulators closed Silicon Valley Bank (SVB), roiling the startup world and creating uncertainty about the availability of deposits and the availability of credit to its customers and borrowers. Unexpected...more
The Federal Trade Commission has issued an update to the Safeguards Rule that imposes a duty on financial institutions to protect consumer information they collect in the process of providing financial services.
In an...more
New Jersey’s mortgage and property creditors must comply with new foreclosure provisions that accelerate title transfers and sales of abandoned properties and provide added protections for residential homeowners....more