01.20.21
The Illinois legislature has passed a new law setting an interest rate cap of 36% on most consumer loans.
01.13.21
Members of the Manatt financial services team share guidance about the FDIC’s recently adopted final rule for an industrial bank application process.
01.11.21
The Consumer Financial Protection Bureau released its long-awaited two-volume Taskforce Report on Consumer Financial Law as expected last week, following a yearlong effort.
01.05.21
As we prepare to put 2020 in the rearview mirror, many of us will not have fond memories of the year.
01.04.21
What can we really say about 2020?—a year more unique than any year we can remember.
12.23.20
In its recent passage of the 2021 stimulus bill, Congress may have vanquished the last hopes of the plaintiffs’ bar seeking to require Paycheck Protection Program (PPP) lenders to pay agent fees for accountants in a wave of putative class action lawsuits.
12.22.20
It was another busy year for the Consumer Financial Protection Bureau (CFPB or Bureau), with two lead stories this year: constitutionality and the COVID-19 pandemic.
On December 21, 2020, Congress passed a $900 billion aid package to help address economic hardships wrought by COVID-19.
12.21.20
Completing a process long in the works, the Consumer Financial Protection Bureau has issued the second part of its final Debt Collection Rule.
12.10.20
New rules will simplify the notice filing process for private placements by requiring filings be made on a Form D via the North American Securities Administrators Association multistate Electronic Filing Depository, consistent with how such filings have long been made in most other states.
