Compliance Alerts

North Carolina Senate Bill 168   The North Carolina legislature recently amended its laws related to foreclosure.  The amendments apply to foreclosure sales noticed on or after July 1, 2018.   A foreclosure...

The Colorado legislature recently amended its laws related to protections for consumer data privacy, effective September 1, 2018.  The legislature also amended its laws related to the foreclosure process on...

OCC Bulletin 2018-17   The Office of the Comptroller of the Currency (“OCC”) recently issued a bulletin on June 15, 2018 to provide national banks, federal savings associations, and federal branches and...

Minnesota Guidance for Residential Mortgage Originators and Servicers   The Minnesota Department of Commerce (“Department”) recently issued Residential Mortgage Originator and Servicer Supervisory Guidance to bring attention to the most common...

South Carolina House Bill 4628   The South Carolina legislature recently enacted the South Carolina Telephone Privacy Protection Act (“Act”), effective May 18, 2018.   The Act applies to “Telephone solicitations” which means the...

The Arizona legislature recently adjusted the licensing fees paid to the Department of Financial Institutions and amended its law related to data security breaches.  Both bills discussed in this memorandum...

South Dakota Senate Bill 62   The South Dakota legislature recently amended its laws to address identity theft, effective July 1, 2018.   "Breach of system security" means the unauthorized acquisition of unencrypted computerized...

The Virginia legislature recently passed bills amending its laws related to foreclosure.  The bills are effective July 1, 2018.   Virginia House Bill 311   If, on the date of a foreclosure sale...

The Iowa legislature recently amended its laws related to mortgage releases and to shorten the period of time for redeeming real property from foreclosure and delaying sale of foreclosed property...