Montgomery and Anne Arundel Counties in Maryland are increasing their recordation and transfer taxes, while 2019 increases to recordation and transfer taxes in the District of Columbia are set to expire.
On July 26, the CFPB released its Summer 2023 Supervisory Highlights reporting unfair, deceptive, and abusive acts or practices (UDAAPs) across a number of consumer financial products...
On July 27, 2023, US federal banking regulators issued proposals to (i) significantly revise the riskbased regulatory capital requirements for certain midsize and larger US banking organizations...
Under the doctrine of merger, where the promissory note and mortgage have been assigned after the final judgment of mortgage foreclosure, the assignee has no enforceable interest in the note...
On July 27, 2023, the federal banking agencies approved a notice of proposed rulemaking to implement the remaining Basel III framework, referred to as the Basel III endgame.
On July 26, 2023, the Consumer Financial Protection Bureau (CFPB) issued its Summer 2023 Supervisory Highlights describing key findings and violations identified during examinations...
In 2018, Congress instructed the Consumer Financial Protection Bureau (CFPB) to issue ability-to-repay regulations for property assessed clean energy (PACE) financing...
2023 has seen higher levels of real estate loan delinquencies. With more headwinds on the horizon, including reduced mark to market valuations for some real estate asset classes...