Banking & Consumer Finance Law | Wolters Kluwer Legal & Regulatory

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Insights and Updates

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News

HUD proposes updating disparate impact rule

HUD has proposed revising its "disparate impact rule" to reflect a 2015 Supreme Court ruling that instituted new standards for establishing such claims.

August 19, 2019

News

EFTA does not prohibit banks from charging stop-payment fees

The EFTA grants consumers the right to stop recurring electronic fund transfers but does not prohibit banks from charging fees to stop payments, even if the fee charged exceeds the cost of processing...

Nicole D. Prysby August 16, 2019

News

No TILA right of rescission where consumer obtained loan to reacquire property

The loan was a residential mortgage transaction under TILA because the consumer had no existing ownership in the property; he obtained the loan to reacquire the property from his ex-wife by paying...

Nicole D. Prysby August 15, 2019

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