Global Financial Markets

The Consumer Financial Protection Bureau (CFPB) has finalized its rulemaking trio to reshape the boundaries of Qualified Mortgages (QMs). Please join Mayer Brown partners Larry Platt and Kris Kully for a description and analysis of the new QM era.

After much anticipation, the US Consumer Financial Protection Bureau (CFPB) has issued the first significant rule implementing the Fair Debt Collection Practices Act (FDCPA) since the FDCPA was enacted more than 40 years ago. The rule clarifies how the pre-internet era FDCPA regulates debt collectors in the age of cell phones, email and social media. Please join Mayer Brown lawyers Stephanie Robinson, Anjali Garg and Dan Pearson on December 3 for a 30-minute discussion of the key provisions and takeaways from the rules.

A Biden administration could impact regulatory policy and enforcement priorities—and, consequently, the economy—considerably. Please join Mayer Brown partners Michael Levy, Andrew Olmem and Larry Platt as they discuss the potential reverberations in the global financial markets.

Please join Mayer Brown lawyers Stuart Litwin, Gabriela Sakamoto, Jan Stewart and Adam Wolk for a discussion of some of the key components of these transactions and ways in which these structures could be used by other companies looking to leverage critical assets to raise capital.

This GFM teleconference will explore various aspects of investing in MSRs, including requirements and options to hold direct and indirect alternatives to licenses and agency qualification, including considerations in forming funds to hold investments tied to the performance of specific pools of servicing rights.

The Consumer Financial Protection Bureau's structure was ruled unconstitutional by the US Supreme Court, but the agency was allowed to continue operating subject to presidential oversight. Please join Mayer Brown lawyers Stephanie Robinson and Ori Lev on October 8 for their regular CFPB quarterly update, covering the agency's activities since the Seila Law decision.

During this GFM call, partners Anna Pinedo and Jerry Marlatt discuss.

Please join Mayer Brown lawyers Steve Kaplan, Eric Mitzenmacher and Jeff Taft for a discussion of the key takeaways for bank partner programs, investors purchasing loans and secondary market participants funding the acquisition of or arranging the securitization of such loans.

On July 15, 2020, the Consumer Financial Protection Bureau filed a lawsuit against a Chicago-based mortgage lender, alleging that the company "redlined" African-American neighborhoods in the Chicago Metropolitan Statistical Area and discouraged prospective applicants from applying for mortgage loans on the basis of race. This marks the first time that a federal regulator has taken a public redlining action against a non-bank mortgage lender. Please join Mayer Brown attorneys Tori Shinohara and Jim Williams for a discussion of key takeaways for mortgage lenders.

Please join Mayer Brown partners Anna Pinedo and Ed Parker, and associates Marla Matusic and Matthew Bisanz, for a discussion of the revisions to the Volcker Rule.