Blog Posts from Financial Services & Banking

New National Credit Union Administration Rule on PPP Loans

New National Credit Union Administration Rule on PPP Loans

May 07, 2020
NCUA recently issued an Interim Final Rule regarding the treatment of loans made by credit unions under the SBA’s Paycheck Protection Program (PPP), which was created as part of the stimulus relief under the CARES Act.
Credit Union National Association Attorney Conference

Credit Union National Association Attorney Conference

Oct 29, 2019
Alexandra Edelman and Ralphine O'Rourke attend the 2019 CUNA Attorney Conference in Georgia this week.
Ampersand

Second Circuit Ruling of First Impression on National Bank’s Citizenship

Aug 23, 2016
In OneWest Bank, N.A. v. Robert W. Melina, 2016 WL 3548346 (2d Cir. June 29, 2016), the United States Court of Appeals for the Second Circuit recently held that a national bank is a citizen only of the…
Ampersand

CFPB Updates Mortgage Servicing Rules and Foreclosure Protections

Aug 16, 2016
The Consumer Financial Protection Bureau (CFPB) recently adopted a final rule that updates mortgage servicing rules and expands foreclosure protections for struggling borrowers and other homeowners. The…