The Global Financial Markets podcast helps clients deal with the legal and business challenges resulting from the ongoing turbulence in worldwide financial markets. By mobilizing our global resources from multiple practices and offices, the podcast provides clients with knowledgeable and timely counsel on a broad spectrum of their legal needs.
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The Global Financial Markets podcast helps clients deal with the legal and business challenges resulting from the ongoing turbulence in worldwide financial markets. By mobilizing our global resources from multiple practices and offices, the podcast provides clients with knowledgeable and timely counsel on a broad spectrum of their legal needs.
…
continue reading
1
CFPB Finalizes Rule Significantly Restricting Credit Card Late Fees
21:03
21:03
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Đã thích
21:03
On March 5, the Consumer Financial Protection Bureau issued a Final Rule that would significantly restrict late fees that consumer credit card issuers may charge to a mere $8—representing approximately a 75% reduction from current levels. Within two days, the Final Rule faced a challenge in the Northern District of Texas by a coalition of trade gro…
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1
CFPB Finalizes Rule Significantly Restricting Credit Card Late Fees
21:03
21:03
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
21:03
On March 5, the Consumer Financial Protection Bureau issued a Final Rule that would significantly restrict late fees that consumer credit card issuers may charge to a mere $8—representing approximately a 75% reduction from current levels. Within two days, the Final Rule faced a challenge in the Northern District of Texas by a coalition of trade gro…
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continue reading
1
What You Need to Know About the CFPB’s Campaign Against Junk Fees
20:52
20:52
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Đã thích
20:52
The CFPB has launched an aggressive campaign against so-called “junk fees.” This year the CFPB has released proposed rules targeting overdraft and non-sufficient funds fees and a final rule targeting credit card late fees. Along the same lines, two of the three latest editions of the Bureau’s Supervisory Highlights were marketed as special editions…
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1
What You Need to Know About the CFPB’s Campaign Against Junk Fees
20:52
20:52
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
20:52
The CFPB has launched an aggressive campaign against so-called “junk fees.” This year the CFPB has released proposed rules targeting overdraft and non-sufficient funds fees and a final rule targeting credit card late fees. Along the same lines, two of the three latest editions of the Bureau’s Supervisory Highlights were marketed as special editions…
…
continue reading
The end of 2023 saw a barrage of major proposals and other actions by US banking regulators. Many of these are contentious issues that have divided regulators and generated significant public controversy. Final proposals of some could be coming in 2024, but only if they can avoid being crowded out by the federal elections in the fall. Please join M…
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The end of 2023 saw a barrage of major proposals and other actions by US banking regulators. Many of these are contentious issues that have divided regulators and generated significant public controversy. Final proposals of some could be coming in 2024, but only if they can avoid being crowded out by the federal elections in the fall. Please join M…
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1
Securitization – What to Expect in 2024
33:09
33:09
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33:09
Please join Mayer Brown partners Tameem Zainulbhai, Joanna Nicholas, Melissa Kilcoyne, Evan DeCresce and Jim Antonopoulos for a discussion on What to Expect in 2024 in the fields of structured finance and securitization. They will examine some key challenges and opportunities this new year will bring to market participants, and discuss trending iss…
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1
Securitization – What to Expect in 2024
33:09
33:09
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Nghe Sau
Danh sách
Thích
Đã thích
33:09
Please join Mayer Brown partners Tameem Zainulbhai, Joanna Nicholas, Melissa Kilcoyne, Evan DeCresce and Jim Antonopoulos for a discussion on What to Expect in 2024 in the fields of structured finance and securitization. They will examine some key challenges and opportunities this new year will bring to market participants, and discuss trending iss…
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1
SEC Adopts Conflict of Interest Rule for Asset-Backed Securities
31:39
31:39
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31:39
The authors of our recent Legal Update provide an overview of the SEC’s (Securities and Exchange Commission) recently adopted rule, which prohibits conflicts of interest in certain securitizations as required under the Dodd-Frank Act. Although not perfect, the final rule is a significant improvement over the proposal. However, all securitization pa…
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1
SEC Adopts Conflict of Interest Rule for Asset-Backed Securities
31:39
31:39
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
31:39
The authors of our recent Legal Update provide an overview of the SEC’s (Securities and Exchange Commission) recently adopted rule, which prohibits conflicts of interest in certain securitizations as required under the Dodd-Frank Act. Although not perfect, the final rule is a significant improvement over the proposal. However, all securitization pa…
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1
Section 1033 Rulemaking: Redefining Access to Financial Data
30:13
30:13
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30:13
The Consumer Financial Protection Bureau recently proposed an extensive framework of rules to ensure consumer access to certain information at their financial institutions. The rules would require financial institutions to make certain data relating to consumers' transactions and accounts available to consumers and authorized third parties, establi…
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1
Section 1033 Rulemaking: Redefining Access to Financial Data
30:13
30:13
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
30:13
The Consumer Financial Protection Bureau recently proposed an extensive framework of rules to ensure consumer access to certain information at their financial institutions. The rules would require financial institutions to make certain data relating to consumers' transactions and accounts available to consumers and authorized third parties, establi…
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1
Unresolved Issues with the Corporate Transparency Act
42:14
42:14
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42:14
With less than 30 days until the Corporate Transparency Act’s beneficial ownership reporting requirement takes effect, questions still abound. While only new entities will be subject to reporting requirements at first, thousands of those are formed every day who will need to understand—and apply—these new regulations with limited guidance. Please j…
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1
Unresolved Issues with the Corporate Transparency Act
42:14
42:14
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
42:14
With less than 30 days until the Corporate Transparency Act’s beneficial ownership reporting requirement takes effect, questions still abound. While only new entities will be subject to reporting requirements at first, thousands of those are formed every day who will need to understand—and apply—these new regulations with limited guidance. Please j…
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continue reading
1
Community Reinvestment Act Overhaul: Finalized Changes to CRA Regulations and How They May Affect Banks
31:55
31:55
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Đã thích
31:55
The US federal banking regulators recently finalized major changes to their decades-old Community Reinvestment Act (CRA) regulations, which will have significant consequences for many US banks. Please join Mayer Brown lawyers Kerri Webb, Kris Kully, and Jeffrey Taft as they discuss: How the final regulations differ from the proposal What the final …
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1
Community Reinvestment Act Overhaul: Finalized Changes to CRA Regulations and How They May Affect Banks
31:55
31:55
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
31:55
The US federal banking regulators recently finalized major changes to their decades-old Community Reinvestment Act (CRA) regulations, which will have significant consequences for many US banks. Please join Mayer Brown lawyers Kerri Webb, Kris Kully, and Jeffrey Taft as they discuss: How the final regulations differ from the proposal What the final …
…
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1
Operational Risk Considerations Under the US Basel Endgame Proposal
25:32
25:32
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Danh sách
Thích
Đã thích
25:32
While the recent US Basel Endgame proposal will affect many elements of the capital rules, it will especially impact operational risk, a new category of capital charge for most banks. Midsize and larger US banking organizations will need to develop extensive loss-event tracking and quantification systems to comply with new operational risk requirem…
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1
Operational Risk Considerations Under the US Basel Endgame Proposal
25:32
25:32
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
25:32
While the recent US Basel Endgame proposal will affect many elements of the capital rules, it will especially impact operational risk, a new category of capital charge for most banks. Midsize and larger US banking organizations will need to develop extensive loss-event tracking and quantification systems to comply with new operational risk requirem…
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1
How the Mortgage Markets May Be Affected by the US Basel Endgame Proposal
23:55
23:55
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Nghe Sau
Danh sách
Thích
Đã thích
23:55
In late July 2023, US banking agencies proposed significant revisions to the risk-based regulatory capital requirements for certain midsize and larger US banking organizations. These proposals are critical, as the amount of capital a bank must maintain with respect to any particular loan, investment or activity is among the most significant factors…
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1
How the Mortgage Markets May Be Affected by the US Basel Endgame Proposal
23:55
23:55
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
23:55
In late July 2023, US banking agencies proposed significant revisions to the risk-based regulatory capital requirements for certain midsize and larger US banking organizations. These proposals are critical, as the amount of capital a bank must maintain with respect to any particular loan, investment or activity is among the most significant factors…
…
continue reading
1
Market Risk Considerations Under the US Basel Endgame Proposal
28:47
28:47
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
28:47
While the recent US Basel Endgame proposal will affect many elements of the capital rules, it will have a particularly significant effect on market risk, where it may increase the capital requirement by more than 50%. Midsize and larger US banking organizations and others with significant trading activity also will need to develop extensive positio…
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1
Market Risk Considerations Under the US Basel Endgame Proposal
28:47
28:47
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
28:47
While the recent US Basel Endgame proposal will affect many elements of the capital rules, it will have a particularly significant effect on market risk, where it may increase the capital requirement by more than 50%. Midsize and larger US banking organizations and others with significant trading activity also will need to develop extensive positio…
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1
How Commercial Real Estate Lending May Be Affected by the US Basel Endgame Proposal
17:38
17:38
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
17:38
In late July 2023, US banking agencies released proposals to significantly revise the risk-based regulatory capital requirements for certain midsize and larger US banking organizations. These proposals would have a critical impact on the banking industry, as the amount of capital a bank must maintain with respect to any particular loan, investment …
…
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1
How Commercial Real Estate Lending May Be Affected by the US Basel Endgame Proposal
17:38
17:38
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
17:38
In late July 2023, US banking agencies released proposals to significantly revise the risk-based regulatory capital requirements for certain midsize and larger US banking organizations. These proposals would have a critical impact on the banking industry, as the amount of capital a bank must maintain with respect to any particular loan, investment …
…
continue reading
1
Long-Term Debt Requirements Proposed for US Regional Banks
26:19
26:19
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26:19
The US federal banking regulators have jointly proposed long-term debt (“LTD”) requirements for certain midsize and larger US banking organizations. The LTD proposal would require many regional and larger banking organizations to issue approximately $70 billion of new LTD over the three-year implementation period. Additionally, affected organizatio…
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1
Long-Term Debt Requirements Proposed for US Regional Banks
26:19
26:19
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
26:19
The US federal banking regulators have jointly proposed long-term debt (“LTD”) requirements for certain midsize and larger US banking organizations. The LTD proposal would require many regional and larger banking organizations to issue approximately $70 billion of new LTD over the three-year implementation period. Additionally, affected organizatio…
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1
Recent Developments in the CFPB’s Small Business Data Collection Rule
31:58
31:58
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31:58
Since the CFPB’s small business data collection rule became effective earlier this year, small business lenders have been making plans to implement the new and extensive data collection requirements. At the same time, the final rule has been the subject of litigation, with several financial institutions and trade associations suing the CFPB to enjo…
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1
Recent Developments in the CFPB’s Small Business Data Collection Rule
31:58
31:58
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
31:58
Since the CFPB’s small business data collection rule became effective earlier this year, small business lenders have been making plans to implement the new and extensive data collection requirements. At the same time, the final rule has been the subject of litigation, with several financial institutions and trade associations suing the CFPB to enjo…
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1
How Securitization and Structured Finance May Be Affected by the US Basel Endgame Proposal, Part 3
24:16
24:16
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Danh sách
Thích
Đã thích
24:16
The US federal banking regulators have jointly proposed extensive revisions to the regulatory capital requirements for midsize and larger US banking organizations. While these revisions will affect nearly all credit exposures, securitization exposures will be significantly affected by certain policy choices. Securitizations historically have benefi…
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1
How Securitization and Structured Finance May Be Affected by the US Basel Endgame Proposal, Part 3
24:16
24:16
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
24:16
The US federal banking regulators have jointly proposed extensive revisions to the regulatory capital requirements for midsize and larger US banking organizations. While these revisions will affect nearly all credit exposures, securitization exposures will be significantly affected by certain policy choices. Securitizations historically have benefi…
…
continue reading
1
How Capital Markets May Be Affected by the US Basel Endgame Proposal
23:25
23:25
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
23:25
In late July 2023, the US banking agencies released proposals to significantly revise the risk-based regulatory capital requirements for certain midsize and larger US banking organizations and change the method for calculating the capital surcharge for global systemically important banking organizations. These proposals are of critical importance b…
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continue reading
1
How Capital Markets May Be Affected by the US Basel Endgame Proposal
23:25
23:25
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
23:25
In late July 2023, the US banking agencies released proposals to significantly revise the risk-based regulatory capital requirements for certain midsize and larger US banking organizations and change the method for calculating the capital surcharge for global systemically important banking organizations. These proposals are of critical importance b…
…
continue reading
1
Mortgage Market Update Part 3: Alternatives to Conventional Mortgage Loans
25:55
25:55
Nghe Sau
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Danh sách
Thích
Đã thích
25:55
The primary mortgage market recently has flattened, with rising interest rates and fewer homes on the market. However, these factors, coupled with home price appreciation, have created a space for alternatives to traditional residential mortgage financing. These include single family rental (SFR), rent-to-own and home equity option contracts, i-buy…
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1
Mortgage Market Update Part 3: Alternatives to Conventional Mortgage Loans
25:55
25:55
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
25:55
The primary mortgage market recently has flattened, with rising interest rates and fewer homes on the market. However, these factors, coupled with home price appreciation, have created a space for alternatives to traditional residential mortgage financing. These include single family rental (SFR), rent-to-own and home equity option contracts, i-buy…
…
continue reading
1
Overhaul of Regulatory Capital Requirements Proposed By US Banking Regulators, Part 1
29:37
29:37
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
29:37
The US federal banking regulators have jointly proposed extensive revisions to the regulatory capital requirements for midsize and larger US banking organizations. The revisions are lengthy and would change the requirements for credit, market, and operational risk. Some of the revisions are long-expected (e.g., re-evaluation of use of internal mode…
…
continue reading
1
Overhaul of Regulatory Capital Requirements Proposed By US Banking Regulators, Part 1
29:37
29:37
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
29:37
The US federal banking regulators have jointly proposed extensive revisions to the regulatory capital requirements for midsize and larger US banking organizations. The revisions are lengthy and would change the requirements for credit, market, and operational risk. Some of the revisions are long-expected (e.g., re-evaluation of use of internal mode…
…
continue reading
1
Mortgage Market Update Part 2: Mortgage Securitization and MSR Updates
37:25
37:25
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Danh sách
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Đã thích
37:25
In recent years, the US mortgage markets have faced mounting pressure from rising interest rates, declining originations, and heightened regulation. In part two of our three-part podcast series on the current state of the US mortgage markets, Mayer Brown experts will discuss the current challenging environment for mortgage origination, as well as r…
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1
Mortgage Market Update Part 2: Mortgage Securitization and MSR Updates
37:25
37:25
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
37:25
In recent years, the US mortgage markets have faced mounting pressure from rising interest rates, declining originations, and heightened regulation. In part two of our three-part podcast series on the current state of the US mortgage markets, Mayer Brown experts will discuss the current challenging environment for mortgage origination, as well as r…
…
continue reading
1
Mortgage Market Update Part 1: Bank Capital Requirements and Related Developments
30:28
30:28
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
30:28
In recent years, the US mortgage markets have faced mounting pressure from rising interest rates, declining originations, and heightened regulation, such as EU risk retention requirements. While deals continue to be struck, they are becoming increasingly complex and expensive. We have heard of a number of similar concerns from our clients with stru…
…
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1
Mortgage Market Update Part 1: Bank Capital Requirements and Related Developments
30:28
30:28
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
30:28
In recent years, the US mortgage markets have faced mounting pressure from rising interest rates, declining originations, and heightened regulation, such as EU risk retention requirements. While deals continue to be struck, they are becoming increasingly complex and expensive. We have heard of a number of similar concerns from our clients with stru…
…
continue reading
1
US Government Policy and Bank Regulatory Developments
31:46
31:46
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
31:46
The last few months have seen a steady stream of emergency actions from the US banking regulators, along with legislative proposals from the Hill, that have spurred debate over the necessity of regulatory action. Some of these changes may be foregone conclusions, but others are just the early innings of a vigorous debate. Also key will be the way t…
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1
US Government Policy and Bank Regulatory Developments
31:46
31:46
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
31:46
The last few months have seen a steady stream of emergency actions from the US banking regulators, along with legislative proposals from the Hill, that have spurred debate over the necessity of regulatory action. Some of these changes may be foregone conclusions, but others are just the early innings of a vigorous debate. Also key will be the way t…
…
continue reading
1
Credit Risk Transfer for Regional and Community Banks: A Path Back to Growth
25:32
25:32
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
25:32
Many regional and community banks in the United States are under intense pressure from economic forces beyond their control. This has led to a contraction in the lending markets, and may even shut off the spigot for some asset classes. Some banks might look to credit risk transfer (“CRT”) trades to keep the lending pipeline open. These cutting-edge…
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1
Credit Risk Transfer for Regional and Community Banks: A Path Back to Growth
25:32
25:32
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
25:32
Many regional and community banks in the United States are under intense pressure from economic forces beyond their control. This has led to a contraction in the lending markets, and may even shut off the spigot for some asset classes. Some banks might look to credit risk transfer (“CRT”) trades to keep the lending pipeline open. These cutting-edge…
…
continue reading
The last few years have seen many changes and trends in the world of trade finance—not least because of well-publicized supply-chain disruptions around the globe. These and other factors have spurred changes in traditional products and pushed new structures to the fore. Please join Mayer Brown lawyers Evan DeCresce and Patrick Healy as they discuss…
…
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The last few years have seen many changes and trends in the world of trade finance—not least because of well-publicized supply-chain disruptions around the globe. These and other factors have spurred changes in traditional products and pushed new structures to the fore. Please join Mayer Brown lawyers Evan DeCresce and Patrick Healy as they discuss…
…
continue reading
1
Addressing Concerns with FinCEN’s New Reporting Rules
30:55
30:55
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
30:55
The Financial Crimes Enforcement Network (“FinCEN”) recently waded into unexpected controversy with the release of proposed data fields for the beneficial ownership information (“BOI”) reporting regime that will take effect at the beginning of next year. FinCEN’s inclusion of “Unknown” and “Unable to identify” options for several of the proposed da…
…
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1
Addressing Concerns with FinCEN’s New Reporting Rules
30:55
30:55
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
30:55
The Financial Crimes Enforcement Network (“FinCEN”) recently waded into unexpected controversy with the release of proposed data fields for the beneficial ownership information (“BOI”) reporting regime that will take effect at the beginning of next year. FinCEN’s inclusion of “Unknown” and “Unable to identify” options for several of the proposed da…
…
continue reading
1
RESPA Compliance for Lead Generators: Recent CFPB Guidance Addresses Digital Comparison Shopping Platforms
32:10
32:10
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Danh sách
Thích
Đã thích
32:10
Can online lead generation be done while remaining compliant under Section 8 of the Real Estate Settlement Procedures Act (“RESPA”)? The answer is yes, but it is important to navigate the impermissible activities recently identified by the Consumer Financial Protection Bureau (“CFPB”). On February 7, 2023, the CFPB issued guidance in an advisory op…
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1
RESPA Compliance for Lead Generators: Recent CFPB Guidance Addresses Digital Comparison Shopping Platforms
32:10
32:10
Nghe Sau
Nghe Sau
Danh sách
Thích
Đã thích
32:10
Can online lead generation be done while remaining compliant under Section 8 of the Real Estate Settlement Procedures Act (“RESPA”)? The answer is yes, but it is important to navigate the impermissible activities recently identified by the Consumer Financial Protection Bureau (“CFPB”). On February 7, 2023, the CFPB issued guidance in an advisory op…
…
continue reading