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Results: 1-10 of 186

Court allows chapter 93A claim in foreclosure case under the HAMP Program

  • Nutter McClennen & Fish LLP
  • -
  • USA
  • -
  • May 31 2013

A recent decision by a federal court of appeals has allowed a consumer to sue her bank under the Massachusetts consumer protection statute, Chapter

CFPB revises international money transfers rule

  • Nutter McClennen & Fish LLP
  • -
  • USA
  • -
  • May 31 2013

The CFPB has approved amendments to its remittance transfer rule, which is part of Regulation E, to make optional a requirement that remittance

CFPB and CSBS agree on supervisory framework for larger institutions

  • Nutter McClennen & Fish LLP
  • -
  • USA
  • -
  • May 31 2013

The Conference of State Bank Supervisors ("CSBS") and the CFPB announced on May 21 that they have signed a new supervisory framework for coordination

Division of banks issues guidance on indirect auto lending

  • Nutter McClennen & Fish LLP
  • -
  • USA
  • -
  • May 31 2013

The Division of Banks issued a statement on April 29 recommending that Massachusetts depository institutions engaged in indirect auto lending follow

CFPB amends ability-to-repay rule to provide regulatory relief for small lenders

  • Nutter McClennen & Fish LLP
  • -
  • USA
  • -
  • May 31 2013

The CFPB has approved final amendments to its ability-to-repay rule for small creditors, community development lenders and housing stabilization

Fannie Mae and Freddie Mac to limit loan purchases to “qualified mortgages”

  • Nutter McClennen & Fish LLP
  • -
  • USA
  • -
  • May 31 2013

The Nutter Bank Report is a monthly electronic publication of the firm's Banking and Financial Services Group and contains regulatory and legal

CFPB proposes amendments to clarify or correct recent mortgage rules

  • Nutter McClennen & Fish LLP
  • -
  • USA
  • -
  • April 30 2013

The Consumer Financial Protection Bureau ("CFPB") announced on April 19 proposals to amend some of its recently issued mortgage rules. The proposed

Federal Reserve approves final retail foreign exchange rule

  • Nutter McClennen & Fish LLP
  • -
  • USA
  • -
  • April 30 2013

The Federal Reserve on April 4 issued a final rule that sets standards for bank and savings and loan holding companies and Federal Reserve member

Fed proposes annual assessment rule for large holding companies

  • Nutter McClennen & Fish LLP
  • -
  • USA
  • -
  • April 30 2013

The Federal Reserve has issued a proposal to establish annual assessments of top-tier bank holding companies and savings and loan holding companies

Federal Court rules that bank is not liable in wire transfer fraud case

  • Nutter McClennen & Fish LLP
  • -
  • USA
  • -
  • April 30 2013

In a case decided last month, a federal district court ruled that the Uniform Commercial Code ("UCC") allows a bank to shift the risk of loss arising