Today's Trends in Credit Regulation

Welcome to Hudson Cook Insights - a collection of articles written each month by the attorneys of Hudson Cook, LLP, in an effort to keep their clients and other compliance professionals informed about current trends and developments in consumer credit finance that will affect the way they do business.

May 2024

Company Violates Mortgage Law by Holding Servicing Rights without License

By Clayton C. Swears

It is usually no surprise to companies operating in the financial services space that they may need a state license to make or service consumer loans. That is particularly true when the loans are highly regulated residential mortgage loans. article continued

AAA Makes Changes in Attempt to Reign in Mass Arbitration

By Eric L. Johnson

Ever heard of "mass arbitration"? If you haven't heard of that term, you may be lucky. By rule of thumb, a "mass" of something isn't necessarily a good thing (unless it's a mass of tacos on my plate). If you have heard of mass arbitration or been subjected to a mass arbitration, help may be on the way from the American Arbitration Association. article continued

CFPB Bites of the Month - May 2024 - CFPB: Light My Way, Virginia May

By Justin B. Hosie, Eric L. Johnson and Kristen Yarows

In this month's article, we share some of our top "bites" covered during the May 2024 webinar. article continued

To Litigate or to Arbitrate: That Is the Question!

By Gabriela I. Chambi and Julia K. Whitelock

You've been sued by a consumer. Now what?

First things first: What are your business's priorities regarding how and where the dispute is resolved? Should the dispute be resolved by a court, or could it be resolved through arbitration? article continued

Article Archive

2024   2023   2022   2021   2020   2019   2018   2017   2016   2015   2014   2013   2012   2011   2010   2009, LLC, provides articles on its website written by attorneys with Hudson Cook, LLP, and by other authors, for information purposes only., LLC, and Hudson Cook, LLP, do not warrant the accuracy or completeness of the articles, and have no duty to correct or update information contained on the website. The views and opinions contained in the articles do not constitute the views and opinions of, LLC, or Hudson Cook, LLP. Such articles do not constitute legal advice from such authors or from Hudson Cook, LLP, or, LLC. For legal advice on a matter, one should seek the advice of legal counsel.