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Managing Third Party Relationships: New Regulatory Guidance for Banks

Contact: von Briesen & Roper, s.c. (Wisconsin, USA) The use of third-party relationships has allowed financial institutions to outsource key functions such as tax, legal, audit, information technology and loan serv ...

The Message from Regulators in 2014: “You had Better Mind Your Own Business and Everyone Else’s . . . . Or Else!”

Contact: Stephanie Kalahurka; Spencer Fane Britt & Browne LLP (Missouri, USA) If you look back at all of the regulations, guidance and enforcement actions over the past year, you will notice a very distinct tr ...

Federal Court Puts to Rest Challenges to the Method of Determining the Amount of Foreclosure Deficiency

Contact: Spencer Fane Britt & Browne LLP (Missouri, USA) In prior Alerts we described appellate court decisions addressing challenges to the Missouri common law rule of basing the amount of loan deficiency after ...

FFIEC Issues Final Guidance on Social Media

Contact: Spencer Fane Britt & Browne LLP (Missouri, USA) The Federal Financial Institutions Examination Council (“FFIEC”) issued final guidance on December 11, 2013, about the applicability of existing consum ...

The Bankruptcy Code v. the Fair Debt Collection Practices Act: Who Wins?

Contact: Spencer Fane Britt & Browne LLP (Missouri, USA) The case of Simon v. FIA Card, Services, N.A., recently decided by the Third Circuit, demonstrates the potential for conflicts between the Bankruptcy Code ...

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