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The Law Of Banking

CFPB Finalizes Amendments to Mortgage Servicing Regulations

The Consumer Financial Protection Bureau (“CFPB”) issued its final rule setting forth amendments and clarifications to mortgage servicing regulations on August 4, 2016. The final rule will implement new servicing regulations including the following […]

Jeff Novel

FDIC Encourages Banks to Step up Cyber Security

The Federal Deposit Insurance Corporation (FDIC) is the newest entity in a long line of governmental and corporate interests to voice concern over cybersecurity measures taken by banks and other financial institutions. The FDIC recently published its […]

Wyndham, Hyatt, and the FTC's Top Ten List for Cybersecurity

In light of the recent data breach at Hyatt Hotels, which affected 250 hotels in 50 countries, we thought it timely to discuss the fallout from another hotel data breach: namely, the recent consent order entered in the FTC's action against the Wyndham […]

GAO Reports Increasing Compliance Burdens on Community Banks

Last week, the Government Accountability Office released a report indicating that the Dodd-Frank Wall Street Reform has imposed increasing compliance burdens on community banks, credit unions, and industry associations. These typically smaller institutions […]