purred by increased online and mobile app shopping during the COVID-19 pandemic, the Buy Now, Pay Later (BNPL) market has experienced higher growth and popularity as an innovative consumer finance offering, particularly for...more
9/25/2024
/ Buy Now Pay Later (BNPL) ,
Chevron Deference ,
Compliance ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Lenders ,
Credit Cards ,
Financial Services Industry ,
FinTech ,
Interpretive Rule ,
Policy Statement ,
Regulation Z ,
Truth in Lending Act (TILA)
The Consumer Financial Protection Bureau (CFPB) on July 10, 2024, announced a proposed rule that would require servicers to more intently assist borrowers throughout a "loss mitigation review cycle" before being permitted to...more
7/25/2024
/ Borrowers ,
Comment Period ,
Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
Default ,
Financial Distress ,
Forbearance Agreements ,
Foreclosure ,
Interim Final Rules (IFR) ,
Loss Mitigation ,
Mortgage Servicers ,
Mortgages ,
Proposed Amendments ,
Regulation X ,
Regulatory History ,
RESPA
New Jersey Gov. Phil Murphy signed into law the Flood Risk Notification Law (P.L. 2023, c.93) on July 3, 2023, amending the Truth-in-Renting Act (P.L. 2001, c.313) and supplementing the Consumer Fraud Act (P.L. 1960, c.39),...more
4/12/2024
/ Buyers ,
Climate Change ,
Commercial Leases ,
Compliance ,
Consumer Fraud ,
Department of Environmental Protection ,
Disclosure Requirements ,
FEMA ,
Flood Insurance ,
Flood Zones ,
Flooding ,
Governor Murphy ,
Notice Requirements ,
Property Owners ,
Real Estate Transactions ,
Real Estate Transfers ,
Rental Property ,
Residential Leases ,
Risk Assessment ,
Tenants
Please join Holland & Knight's Financial Services Regulatory Team for a roundtable discussion on what to expect on the financial services landscape in 2024. Our attorneys will present on a wide range of topics in a "3-Minute...more
1/3/2024
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Banking Sector ,
BSA/AML ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Continuing Legal Education ,
Federal Trade Commission (FTC) ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Regulatory Agencies ,
Financial Services Industry ,
OCC ,
Office of Foreign Assets Control (OFAC) ,
Securities and Exchange Commission (SEC) ,
Webinars
If you are a nonbank finance company that makes commercial loans of $2.5 million or less in New York or represent such a company, this Holland & Knight alert is for you. There has been a growing concern expressed over the...more
3/8/2023
/ Commercial Loans ,
Corporate Financing ,
Disclosure Requirements ,
Final Rules ,
Financial Services Industry ,
Financing ,
New Legislation ,
Nonbank Firms ,
NYDFS ,
Small Business ,
Small Business Loans
The Consumer Financial Protection Bureau (the Bureau) has issued final regulations (Final Regulations) to facilitate the transition away from Libor (the London Interbank Offered Rate) in the consumer credit market and to...more
12/21/2021
/ Adjustable-Rate Mortgage ,
Alternative Reference Rates Committee (ARRC) ,
Consumer Financial Protection Bureau (CFPB) ,
Federal Reserve ,
Final Rules ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
FSB ,
HELOC ,
Interest Rates ,
ISDA ,
Libor ,
Mortgages ,
Regulation Z ,
Regulatory Standards ,
Secured Overnight Funding Rate (SOFR) ,
Truth in Lending Act (TILA) ,
UK
Pennsylvania Gov. Tom Wolf signed into law House Bill No. 2370 (Act 97) on Oct. 29, 2020, permanently and immediately authorizing Pennsylvania notaries to conduct remote online notarizations (RONs) – notarizations conducted...more
The Consumer Financial Protection Bureau (the Bureau) has issued proposed regulations (Proposed Regulations) to facilitate the transition away from Libor (the London Interbank Offered Rate) in the consumer credit market, and...more
Whether there is a connection to the near end of another exciting National Basketball Association season is unknown, but in a recent ruling issued by the U.S. Court of Appeals for the Seventh Circuit, the court began its...more
6/13/2019
/ Appeals ,
Article III ,
Debt Collection ,
Debt Collectors ,
Dismissals ,
FDCPA ,
Financial Services Industry ,
Injury-in-Fact ,
Notice Requirements ,
Spokeo v Robins ,
Standing
• The Economic Growth, Regulatory Relief, and Consumer Protection Act (the Act) rolls back some of the provisions of the Dodd-Frank Act that were found to be overly burdensome and/or difficult to comply with, particularly for...more
7/17/2018
/ Consumer Financial Protection Bureau (CFPB) ,
Dodd-Frank ,
Economic Growth Regulatory Relief and Consumer Protection Act ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
HMDA ,
Mortgage Loan Originators ,
Mortgage Loan Servicing Standards ,
Mortgages ,
Safe Harbors