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Legal Articles: McGlinchey Stafford


Document(s) published by this organization: 2

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HTMLNew Debt Collector Regulations Adopted in New York
Jeffrey Barringer, Laura Greco; McGlinchey Stafford;
Legal Alert/Article
January 6, 2015, previously published on December 5, 2014
On December 3, the New York State Department of Financial Services adopted new regulations that will impose requirements on debt collectors, including debt buyers, in connection with their collection of debts from consumers.


HTMLCFPB Takes Action Against Franklin Loan Corporation for Illegal Bonus Program
Jeffrey Barringer, Laura Hobson Brown, Marc J. Lifset; McGlinchey Stafford;
Legal Alert/Article
December 12, 2014, previously published on November 21, 2014
On November 13, 2014, the Consumer Financial Protection Bureau (“CFPB”) ordered Franklin Loan Corporation (“Franklin”), a residential mortgage lender, to pay $730,000 because it paid its loan officers quarterly bonuses in violation of the Federal Reserve Board’s Loan...