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HOLLAND & KNIGHT LLP: Financial Services Regulatory Crystal Ball, Part 4


Date: May 26, 2021
Please join Holland & Knight s Financial Services Regulatory Team for the fourth installment of our 2021 financial services webinar series as we provide analysis on the impact that the Biden Administration and Congress are having on the financial services landscape. Significant judicial, regulatory and legislative developments confront the industry. For this session, we take an in-depth look at payment systems regulation and transactions, as well as examine several other key issues.
Topics Include:
Arbitration and Enforcement: Class Action Waivers
Bank Mergers and Acquisitions: Recent Deals and Regulatory Trends
Fair Debt Collection Practices Act: Hunstein Decision s Ripple Effect
Finance Company Licensing: Obstacles and Opportunities ....

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This week in Congress: How Polk's representatives voted


This week in Congress: How Polk s representatives voted
Thomas Voting Reports
HOUSE
CRACKING DOWN ON DEBT COLLECTORS: Voting 215 for and 207 against, the House on May 13 passed a bill (HR 2547) that would prohibit abusive practices by private firms that collect debt from consumers, student-loan borrowers and others seriously in arrears. The bill would require a two-year grace period before efforts to collect medical debt from seriously ill individuals could begin. And it would allow co-signers as well as borrowers of private student loans to discharge their debt on the basis of total and permanent disability, just as seriously disabled borrowers of federal student loans and their co-signers can do. The bill also would: ....

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CFPB Requires Debt Collectors Seeking Evictions To Provide Notice Of CDC Moratorium - Finance and Banking


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Debt collectors must disclose the CDC eviction
moratorium to tenants facing eviction and cannot misrepresent
tenants eligibility for protection.
On April 19, 2021, the Consumer Financial Protection Bureau
( CFPB ) invoked its rulemaking authority under the Fair
Debt Collection Practices Act to issue an 
interim final rule requiring debt collectors seeking
eviction for nonpayment of rent to provide clear and conspicuous
written notice to tenants of their rights under the Centers for
Disease Control and Prevention s ( CDC ) 
eviction moratorium. 
The CDC s eviction moratorium generally prohibits property
owners from evicting certain tenants for nonpayment of rent, if the ....

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