The Past Is the Present? New York's Retroactive Foreclosure Legislation
It's not the easiest time to be in the mortgage business. Mortgage investors and servicers continue to deal with the fallout from the COVID-19 pandemic and its effects on borrowers. Rising interest ra...
26 Touko 202226min
Commercial Financing Disclosures Coming to a State Near You
Four states—and counting—have enacted laws requiring providers of a wide range of commercial financing to give applicants detailed disclosures of the sort previously seen only in the consumer credit i...
19 Touko 202231min
Lenders Take Note: How the UK National Security and Investment Act 2021 Could Affect Lending and Debt Restructuring
The UK National Security and Investment Act 2021 (the "Act") entered into force on January 4, 2022 and enables the UK government to screen, block and unwind certain transactions on national security g...
12 Huhti 202223min
Hot Topics in Anti-Money Laundering 2022
Since January 2021, the Biden administration has signaled that it intends to ramp up anti-money laundering (AML) regulation and enforcement. That was reinforced late last year when the administration ...
17 Maalis 202229min
Ignorantia juris non excusat - The Expected and Unexpected Impact of Recent Russian-Related Sanctions (EU, UK and US) on the Loans Market
In response to the recent devastating events in Ukraine, many jurisdictions have imposed a broad range of new sanctions and export controls focused on the Russian state and certain Russian businesses ...
10 Maalis 202235min
CFPB Update – Chopra's First Six Months
Rohit Chopra took over the helm of the CFPB last fall and has already started to make his mark on the agency, bringing a decidedly antitrust focus to his new role. Mayer Brown partners Ori Lev and Ste...
24 Helmi 202229min
US Banking Regulation: What to Expect in 2022
After two years of responding to the pandemic, US banking regulators likely will refocus this year on forward-looking issues. In particular, the following issues are expected to occupy a significant p...
10 Helmi 202232min
Consumer Loan Securitizations – What the Recent Decision in CFPB v. NCSLT Might Mean for the Industry
Late last year, a federal district court ruled that securitization trusts holding student loans might be liable for the alleged unfair and deceptive collection practices of the trusts' servicers. This...
3 Helmi 202219min
