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HTMLCFPB Issues Fall 2014 Supervisory Highlights Report
Peter L. Cockrell, Brett M. Kitt, Gil Rudolph, J. Scott Sheehan; Greenberg Traurig, LLP;
Legal Alert/Article
November 28, 2014, previously published on November 6, 2014
On October 30th, the CFPB issued its Supervisory Highlights Report. This is the fifth edition of the Report and generally covers CFPB supervisory activities between March and June 2014. The Report highlights problems in two specific markets: student loan servicing and mortgage servicing.

 

HTMLTCEQ Becomes Sole Permitting Authority for Greenhouse Gases in Texas
Patricia M. Rosendahl; Greenberg Traurig, LLP;
Legal Alert/Article
November 28, 2014, previously published on November 13, 2014
Previously, permitting for emissions in Texas had followed a two-step system in which the TCEQ issued PSD permits for traditional pollutants, and the EPA issued PSD permits for greenhouse-gas emissions. Industry groups had found the two-step emission application process to be inefficient,...

 

HTMLNew Final Rule for Exchange Visitor Program
Christian A. Triantaphyllis; Greenberg Traurig, LLP;
Legal Alert/Article
October 16, 2014, previously published on October 8, 2014
A final rule was recently published by the Department of State (DOS) that affects its J-1 Exchange Visitor Program. The J-1 visa category will go through some significant administrative and program compliance changes, including: J-1 Responsible Officers (ROs) and Alternate Responsible Officers...

 

HTMLICE Seeks Comments on F-1 ‘Pathway Programs’
Matthew Galati, Christian A. Triantaphyllis; Greenberg Traurig, LLP;
Legal Alert/Article
October 16, 2014, previously published on October 2, 2014
Last week, Immigration and Customs Enforcement’s Student and Exchange Visitor Program (SEVP) issued draft guidance (1210-03) that is of particular note to colleges and universities enrolling foreign students into “pathway programs”. The Student and Exchange Visitor Program (SEVP)...

 

HTMLPositive Immigration Developments Emerge in India for Indian-Americans
Christian A. Triantaphyllis; Greenberg Traurig, LLP;
Legal Alert/Article
October 15, 2014, previously published on October 1, 2014
India’s Prime Minister recently gave an encouraging speech on India’s immigration policies to a crowd of Indian-Americans at Madison Square Garden in New York. The Prime Minister promised immediate reforms for individuals who wish to become Indian citizens by allowing for increased...

 

HTMLUpdate on Duplicate Application Support Center Appointment Notices
Christian A. Triantaphyllis; Greenberg Traurig, LLP;
Legal Alert/Article
October 15, 2014, previously published on September 30, 2014
U.S. Citizenship and Immigration Services (USCIS) has recently sent in error duplicate Application Support Center (ASC) appointment notices to individuals seeking to complete their biometrics.

 

HTMLHouse Passes Bill Modifying Points and Fees Determination for Qualified Mortgages
Peter L. Cockrell, Brett M. Kitt, Gil Rudolph, J. Scott Sheehan; Greenberg Traurig, LLP;
Legal Alert/Article
September 25, 2014, previously published on September 24, 2014
On September 16th, by a margin of 327-97, the U.S. House of Representatives passed a consolidated bill, the “Insurance Capital Standards Clarification Act of 2014” (H.R. 5461), that would make adjustments to various provisions of the Dodd-Frank Act. The vote was taken under a procedure...

 

HTMLCFPB Issues Proposed Rule for Larger Participants in the Nonbank Auto Lending Market
Peter L. Cockrell, Brett M. Kitt, Gil Rudolph, J. Scott Sheehan; Greenberg Traurig, LLP;
Legal Alert/Article
September 25, 2014, previously published on September 24, 2014
On September 18th, the CFPB issued a long-awaited proposed rule to define larger participants in the nonbank auto lending market. Once effective, the rule will give the CFPB power to supervise this group of financial institutions. The rule would define “larger participants” in the...

 

HTMLRecent CFPB Speaking Engagements
Peter L. Cockrell, Brett M. Kitt, Gil Rudolph, J. Scott Sheehan; Greenberg Traurig, LLP;
Legal Alert/Article
September 22, 2014, previously published on September 16, 2014
On September 8th, CFPB Deputy Director Steven Antonakes spoke at the American Mortgage Conference. Antonakes emphasized the importance of complying with the CFPB’s new mortgage rules. Calling the rules a “return to traditional mortgage lending,” Antonakes stated that consumers...

 

HTMLCFPB Issues Bulletin Regarding Marketing of Promotional Credit Card Offers
Peter L. Cockrell, Brett M. Kitt, Gil Rudolph, J. Scott Sheehan; Greenberg Traurig, LLP;
Legal Alert/Article
September 10, 2014, previously published on September 8, 2014
On September 3rd, the CFPB issued Bulletin 2014-02 warning credit card companies against deceptively marketing interest-rate promotions to consumers. The CFPB is concerned that consumers do not adequately understand certain types of credit card offers, such as balance transfers, deferred-interest...

 


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