Bradley Partner Paul Compton Nominated to Serve as HUD General Counsel

By Bradley on May 25, 2017

Bradley’s Banking and Financial Services Practice Group is pleased to announce that President Donald Trump has nominated Paul Compton to serve as General Counsel of the U.S. Department of Housing and Urban Development (HUD). Paul leads the firm’s Affordable Housing and Community Development practice and serves as counsel for the Alabama Bankers Association, Inc., counsel of record for the Alabama Consumer Finance Association, and general counsel for the Alabama Affordable Housing Association. He has broad…

Financial Services Perspectives

CFPB Proposed Rule Could Allow Agencies without Jurisdiction to Access CSI

By Bradley on September 12, 2016

The CFPB issued a proposed rule which significantly affects third-party access to information obtained by the Bureau. In addition to public requests under the Freedom of Information Act, the Privacy Act of 1974 and in legal proceedings, the proposal would also affect the treatment of confidential information obtained by the CFPB under federal consumer finance laws, including “the Bureau’s discretionary disclosure of confidential information to other agencies.” The proposal would codify the Bureau’s revised interpretation…

BuildSmart

If You are a Federal Contractor, You May Owe Mandatory Sick Leave

By Bradley on February 26, 2016

A 286-page Notice of Proposed Rule Making will be issued by the Department of Labor (DOL) in the Federal Register on February 25, 2016. The DOL estimates that 437,000 employees of federal contractors will begin to receive paid sick leave who presently do not receive any. The proposed regulations implementing Executive Order 13706 applies to any contract covered by the Davis-Bacon Act (DBA), but not to contracts that are subject only to the Davis Bacon…

Financial Services Perspectives

Antideficiency Protection Applies to Both Short Sales and Foreclosure Sales

By Bradley on February 5, 2016

In January, the Supreme Court of California affirmed the Court of Appeal’s application of Code of Civil Procedure section 580b and held that the statute’s antideficiency protection applies to short sales just as it does to foreclosure sales. In Coker v. JPMorgan Chase Bank, N.A., the lienholder had begun the foreclosure process when the borrower asked the lienholder to release its security interest so that the borrower could sell her property to a third party. The lienholder provisionally…

Bradley

Bradley Partner Paul Compton Nominated to Serve as HUD General Counsel

CFPB Proposed Rule Could Allow Agencies without Jurisdiction to Access CSI

If You are a Federal Contractor, You May Owe Mandatory Sick Leave

Antideficiency Protection Applies to Both Short Sales and Foreclosure Sales

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