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The Consumer Financial Services Blog Blog

Articles: 1-10 of 407

6th Cir. Holds Mortgagee’s Foreclosure Action Time-Barred Under Tennessee Law

USA - May 15 2023 The U.S. Court of Appeals for the Sixth Circuit recently affirmed a trial court’s decision granting summary judgment and dismissing a mortgagee’s…

Illinois App. Court (1st Dist) Holds ‘Small Servicer’ Exempt from RESPA Loss Mitigation Rules

USA - May 12 2023 The Appellate Court of Illinois, First District, recently held that a borrower failed to identify any meritorious defense sufficient to stop or undo…

‘Tennessee Information Protection Act’ with NIST Security Standards Enacted

USA - May 12 2023 Tennessee Gov. Bill Lee on May 11 signed into law House Bill 1181, making Tennessee the eighth state to enact a comprehensive consumer data privacy…

Illinois Supreme Court Holds Email Service Not Proper for Judgment Enforcement Proceedings

USA - May 10 2023 In a lien priority dispute between two judgment creditors, the Illinois Supreme Court recently held that email delivery does not constitute proper…

Penn. Appellate Court Holds Attempt to Collect Time-Barred Debt Did Not Violate FDCPA or FCEUA

USA - May 8 2023 The Superior Court of Pennsylvania, an intermediate appellate court, recently affirmed a trial court’s order sustaining preliminary objections to a…

Indiana Enacts Comprehensive Consumer Data Privacy Law

USA - May 2 2023 Indiana Gov. Eric Holcomb on May 1 signed into law Senate Bill 5, making Indiana the seventh state to enact a comprehensive consumer data privacy law…

Kansas Financial Institutions Information Security Act Approved by Governor

USA - April 28 2023 Kansas Gov. Laura Kelly has approved enactment of Senate Bill 44 which requires certain financial institutions to establish information security…

Ohio Supreme Court Rejects Mortgagee’s Writ of Mandamus Challenges to County Tax Sales

USA - April 27 2023 The Supreme Court of Ohio recently upheld the dismissal of a mortgagee’s writ of mandamus actions seeking to avoid transfers of REO and mortgaged…

1st Cir. Holds New York Choice of Law Clause Did Not Bar Massachusetts 93A Claim

USA - April 24 2023 The U.S. Court of Appeals for the First Circuit recently reversed the dismissal of a putative class action complaint for unfair and deceptive…

Indiana Supreme Court Reverses Order Compelling Arbitration in ‘Overdraft Fee’ Class Action

USA - April 21 2023 The Supreme Court of Indiana recently reversed and remanded a trial court’s order compelling arbitration of two bank customers’ putative class action…