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NCUA Board Raises Commercial Real Estate Loan Appraisal Threshold to $1 Million

USA - August 14 2019 The NCUA’s Board just approved a final rule “increasing the threshold below which appraisals are not required for commercial real estate transactions…

The CFPB’s Enforcement Case against Ocwen Financial Corporation - 18 Month Checkup

USA - October 3 2018 In the spring of last year, the Consumer Financial Protection Bureau (“CFPB”) filed an enforcement action against Ocwen Financial Corporation…

Update on The CFPB’s Enforcement Case against Ocwen Financial Corporation

USA - September 21 2017 Member Brooks Bossong authors periodic updates and insights for Nexsen Pruet's Consumer Financial Protection Bureau Blog. Read an excerpt (below) from…

The NCUA's New Member Business Lending and Commercial Lending Rule, and the Lingering Issue of Spousal Guarantees

USA - May 18 2017 Business loans have “become a larger share of credit unions’ loans and assets.”[1] Of those credit unions with between $100 million and $500 million…

Is your Motor Vehicle Loan Safe? Part 2: North Carolina

USA - April 27 2017 This article is a follow up to Bruce Wallace’s April 13, 2017 update, "Is your Motor Vehicle Loan Safe?" regarding how insurance policies may not…