Jul 16, 2021 | Claims and Disputes, Financial Services, Regulatory Compliance
Jeffrey Armstrong writes about adopting a LIBOR replacement with a careful understanding of the Secured Overnight Financing Rate’s (SOFR) performance issues, comprehensive price term negotiation, and consideration of alternative benchmarks. US bank officials...
Jul 7, 2021 | Financial Services, Regulatory Compliance, Webinars
Emerging issues and tips for navigating UDAAP enforcement and litigation Enforcement of unfair, deceptive, or abusive acts or practices (UDAAP) by federal and state regulators is likely to pick up in the coming months, featuring new and more creative theories of...
Apr 19, 2021 | Claims and Disputes, Financial Services, Podcasts
Joe Sergienko joins Michael Whalen to talk about the enormous impact the COVID-19 pandemic has had on normal economic activity, as well as contributing factors. Mr. Sergienko provides insights on what credit risk professionals are seeing and are likely to see as the...
Apr 14, 2021 | Financial Services, Regulatory Compliance
For credit reporting–related companies, “enforcement is back.” The key question is what to expect and how to prepare adequately for anticipated increases in supervision and enforcement that were relatively benign under the prior administration. How should furnishers...
Mar 25, 2021 | Claims and Disputes, Financial Services, Regulatory Compliance
The end of the COVID-19 pandemic is nearing, and so are the forbearance and credit reporting accommodations from the CARES Act legislation enacted in March 2020. David Uejio, acting director of the Consumer Financial Protection Bureau (CFPB), recently stated that the...
