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31 results found

Article

Nelson Mullins Riley & Scarborough LLP | USA | 7 Feb 2018

Just Before the Super Bowl, the D.C. Circuit in PHH Mortgage gives Industry a Field Goal, Withholds Touchdown

Following nearly three years of litigation, the D.C. Circuit handed down a 7 to 3 ruling in PHH Corp. v. Consumer Financial Protection Bureau. The two

Article

Nelson Mullins Riley & Scarborough LLP | USA | 26 Oct 2017

Senate Overrules Consumer Financial Protection Bureau's Arbitration Rules

In a surprising 51-50 vote (Vice President Pence casting deciding vote), the Senate repealed a rule issued by the Consumer Financial Protection

Article

Nelson Mullins Riley & Scarborough LLP | USA | 5 Oct 2017

CFPB Releases Payday Lending Rule

On October 5, 2017 the Consumer Financial Protection Bureau (“CFPB”) finalized its Rules relating to short-term consumer loans.

Article

Nelson Mullins Riley & Scarborough LLP | USA | 12 Dec 2016

National Bank Charter for FinTech Firms

On Friday, December 2, 2016, the Office of the Comptroller of the Currency (OCC) released a paper on a proposed limited purpose national bank charter

Article

Nelson Mullins Riley & Scarborough LLP | USA | 12 Oct 2016

Community Banks - Week in Review - October 12, 2016

The most significant events of the past several days involve the CFPB. Yesterday, the U.S. Court of Appeals for the D.C. Circuit ruled that the CFPB

Article

Nelson Mullins Riley & Scarborough LLP | USA | 26 Sep 2016

Community Banks - Week in Review - September 26, 2016

Apart from the FDIC Chairman's statement last Tuesday about coming reductions in DIF assessments for most banks, the past week had little

Article

Nelson Mullins Riley & Scarborough LLP | USA | 29 Aug 2016

Community Banks - Week in Review

Indications that the Federal Open Market Committee will raise the target range for the federal funds rate at its September meeting - presumably from

Article

Nelson Mullins Riley & Scarborough LLP | USA | 22 Aug 2016

Community Banks - Week in Review

Over the last two weeks, the FDIC has issued perhaps the most noteworthy documents. The agency's summer Supervisory Insights contains useful

Article

Nelson Mullins Riley & Scarborough LLP | USA | 8 Aug 2016

Community Banks - Week in Review: August 8, 2016

With the arrival of the dog days of August, the agencies have slowed their work. A few potentially important developments emerged last week, however

Article

Nelson Mullins Riley & Scarborough LLP | USA | 3 Aug 2016

Community Banks - Week in Review

In apparent anticipation of the August slow-down, the agencies released several items last week covering a variety of different areas. The most

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