As we have addressed on this blog, home equity investment (HEI) products, such as shared appreciation mortgages and home equity agreements, have come under recent scrutiny from regulators and industry groups. The crux of the debate is whether
On May 28, 2026, Secretary of State Marco Rubio announced that the U.S. Department of State designated Comando Vermelho (CV) and Primeiro Comando da Capital (PCC), Brazil’s two largest and most violent criminal organizations, as Specially Designated Global Terrorists (SDGTs)
On May 21, 2026, the Office of the Comptroller of the Currency (OCC) made public an April 2026 consent order (AA-ENF-2025-21) against a federal savings association based in the Northeast for deficiencies in its Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance
On May 11, 2026, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an alert designed to help financial institutions identify and disrupt funding streams and procurement networks supporting Iran’s Islamic Revolutionary Guard Corps (IRGC). The alert
On April 13, 2026, Maine enacted new laws (L.D. 1901) that are intended to have an immediate and retroactive impact on the origination and servicing of shared appreciation mortgage loans secured by residential real estate located in Maine.
The Ninth Circuit case United States ex rel. Thrower v. Academy Mortgage Corp. provides mortgage lenders, servicers, and other entities submitting claims for payment to the federal government an important reminder of how private litigants create potential liability under the
On April 22, 2026, the Consumer Financial Protection Bureau (CFPB) issued a final rule amending Regulation B – the implementing regulation of the Equal Credit Opportunity Act (ECOA). Building on the Notice of Proposed Rulemaking (NPRM) issued on November 13,
On March 13, 2026, President Trump signed an executive order titled “Promoting Access to Mortgage Credit,” directing federal financial regulators to consider a broad set of revisions to the mortgage regulatory framework. The order is the most comprehensive
Following the Supreme Court’s decision in McLaughlin Chiropractic Associates v. McKesson Corp., which we discussed last year in depth, federal courts have gained the ability to deviate from the Federal Communications Commission’s interpretations of the Telephone Consumer Protection Act (TCPA).
This past year, the False Claims Act (FCA) continued to be a key tool for the Justice Department and whistleblowers to bring suits against companies, including those in the financial services sector. With over $6.8 billion in FCA recoveries this
