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John R. Coleman profiled in Law360 article, “Former senior CFPB official joins Buckley in DC”
In the Law360 article, “Former senior CFPB official joins Buckley in DC,” new Buckley Partner and former CFPB Deputy General Counsel John Coleman noted a couple themes that “jump out” regarding Acting CFPB Director Rohit Chopra. “One is that he's aggressive. Two is he's concerned with what I'd call...
In The NewsBenjamin W. Hutten quoted in American Banker article, "Will AML rules be extended to crypto?”
In the American Banker article, “Will AML rules be extended to crypto?” Ben Hutten noted that "Congress has viewed cryptocurrency as a gap in the protection of the U.S. financial system from illicit funds. The nature of illicit finance is that when one area becomes more heavily regulated, illicit...
In The NewsJeffrey P. Naimon quoted in National Mortgage News article, “FDIC proposes new insurance calculations for servicing advances”
Jeff Naimon was quoted in the National Mortgage News article, “FDIC proposes new insurance calculations for servicing advances,” regarding the agency’s plan to add principal and interest funds advanced by a servicer to borrower coverage calculations. Naimon offered that it will “be a source of...
In The NewsBenjamin W. Hutten quoted in ACAMS article, “FinCEN’s ‘no-action letters’ face hurdles"
Benjamin W. Hutten was quoted in the ACAMS article, “FinCEN’s ‘no-action letters’ face hurdles,” which discussed how limited resources and bureaucracy could delay the Financial Crimes Enforcement Network’s development of a new regulatory-relief program. Institutions can seek the agency’s...
In The NewsJeffrey P. Naimon quoted in American Banker article, “Harsher rules, more enforcement: What to expect from Chopra's CFPB”
Jeffrey P. Naimon was quoted in the American Banker article, “Harsher rules, more enforcement: What to expect from Chopra's CFPB,” which discussed what the Consumer Financial Protection Bureau will look like under the bureau’s new Director Rohit Chopra, as well as what Acting Director Dave Uejio...
In The NewsJeffrey P. Naimon quoted in American Banker article, “Can banks allay concerns about emerging student loan product?”
The American Banker article, “Can banks allay concerns about emerging student loan product?” discussed the conflicting views surrounding banks’ involvements in income-share agreements. Naimon noted that funding income-share agreements could help the product mature and improve compliance with...
In The NewsJeffrey P. Naimon quoted in American Banker article, “Banking regulators expected to advance Biden agenda despite 'acting' tag”
The American Banker article, “Banking regulators expected to advance Biden agenda despite 'acting' tag,” discussed the many vacancies at financial regulatory agencies and whether it prevents the Biden administration from advancing its policy agenda. Naimon noted, “The officials appointed as acting...
In The NewsJeffrey P. Naimon quoted in S&P Global Market Intelligence article, “Lenders see new CFPB foreclosure rule as win-win”
Jeffrey P. Naimon was quoted in the S&P Global Market Intelligence article, “Lenders see new CFPB foreclosure rule as win-win,” which discussed how lenders are praising the new CFPB guidance giving millions of homeowners added protections against foreclosure. Naimon noted some challenges: “I'm...
In The NewsDaniel R. Alonso quoted in Forbes article, “How a Trump organization indictment could play out in court”
The Forbes article, “How a Trump organization indictment could play out in court,” discussed criminal indictments against the Trump Organization and its chief financial officer, Allen Weisselberg and what it means if a corporation is indicted. Alonso noted, “Criminal cases against companies...
In The NewsSteven R. vonBerg quoted in S&P Global Market Intelligence article, “Late notice of Juneteenth federal holiday causes headaches for mortgage lenders”
Steve vonBerg discussed in the S&P Global Market Intelligence article, “Late notice of Juneteenth federal holiday causes headaches for mortgage lenders,” the impact that the last-minute decision to make Juneteenth a federal holiday had on mortgage lenders: "It was very much a balancing act...
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