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Judge Posner sets out to clean up frivolousness
  • Foley & Lardner LLP
  • USA
  • July 30 2015

Nate Carter probably wasn’t expecting this. Mr. Carter had lost his home to a mortgage foreclosure. So seemingly out of blind rageor at least the


7th Circuit rules that title insurer is not liable for construction liens resulting from lender’s failure to fund
  • Foley & Lardner LLP
  • USA
  • March 26 2015

The 7th Circuit has ruled that a lender is not insured by a title company for liens that arise after a construction loan became significantly out of


A bit of grace
  • Foley & Lardner LLP
  • USA
  • June 4 2015

The Consumer Financial Protection Bureau (CFPB) has finally agreed to bend under the strain of numerous requests from financial industry participants


Ex-im bank is closed for business at least for now
  • Foley & Lardner LLP
  • USA
  • July 3 2015

The U.S. Export-Import (Ex-Im) Bank closed its doors on Tuesday following a lapse in Congressional authority. The 81-year-old agency provided


CFPB extends TRID effective date to October 1
  • Foley & Lardner LLP
  • USA
  • June 18 2015

The Consumer Financial Protection Bureau (“CFPB”) announced that it would provide mortgage lenders with additional time to prepare for the highly


UDAAP council weekly UDAAP Standards Report - 412015
  • Foley & Lardner LLP
  • USA
  • April 1 2015

Every week, courts around the United States issue decisions addressing aspects of civil UDAAP claims. In an effort to illuminate the UDAAP standards


When “shall” means “shall”: Wisconsin Supreme Court requires mortgage lenders to sell abandoned properties in foreclosure
  • Foley & Lardner LLP
  • USA
  • February 25 2015

Last week the Wisconsin Supreme Court issued its decision in Bank of New York v. Carson, 2015 WI 15, a case we previewed here. The case is


UDAAP council weekly UDAAP Standards Report - 3252015
  • Foley & Lardner LLP
  • USA
  • March 25 2015

Every week, courts around the United States issue decisions addressing aspects of civil UDAAP claims. In an effort to illuminate the UDAAP standards


UDAAP council weekly UDAAP Standards Report - 2252015
  • Foley & Lardner LLP
  • USA
  • February 25 2015

Every week, courts around the United States issue decisions addressing aspects of civil UDAAP claims. In an effort to illuminate the UDAAP standards


The CFPB alerts credit card issuers that marketing of credit card promotional APR offers may violate federal law
  • Foley & Lardner LLP
  • USA
  • September 4 2014

The Consumer Financial Protection Bureau ("CFPB") recently issued a bulletin alerting credit card companies that they may be at risk of breaking the