Premier Banking Law News and Insights

In Paul v. Enhanced Recovery Company, the plaintiff received two letters from a debt collector concerning the same debt, about 40 days apart. The letters were identical, except for the dates and the amount of the settlement offers - the first contained an offer of $1,375.42, while the second offer was...

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In testimony before the House Financial Services Committee, FDIC Chair Jelena McWilliams reviewed the agency's response to economic risks posed by COVID-19. She reported progress on enhancing resolution readiness, supporting communities in need, fostering technology solutions and finalizing outstanding rulemakings. Responding to Economic Risks: Ms. McWilliams highlighted regulatory and supervisory action to...

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On September 1, 2020, California passed a new law titled the "COVID-19 Small Landlord and Homeowner Relief Act of 2020." Although the majority of the new law addresses eviction issues between landlords and tenants, it imposes notable new obligations on mortgage loan servicers as well. This two-part blog series will...

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