Consumer Financial Services: UDAAP Round-Up – Latest Edition

Our UDAAP Round-Up is designed to provide you with a periodic resource to stay abreast of federal activities regarding the prohibition on unfair, deceptive, or abusive acts or practices (“UDAAPs”) in the consumer financial services space. In each edition, we cover notable policy, enforcement, and supervisory developments.

Student Loans: What to Expect in 2021 and Beyond

We are pleased to provide you with Student Loans: What to Expect in 2021 and Beyond, presenting recent developments in the student loan market and future trends. Student loans are the second-largest category of consumer debt in the US. In this article, we highlight likely student loan priorities under the Biden administration and discuss recent regulatory, legislative and litigation developments affecting the student loan industry. In the coming year, we expect regulators, lawmakers and consumer groups to tackle wide-ranging issues related to student loans, including the effects of the COVID-19 national emergency on student borrowers, student loan forgiveness, and dischargeability in bankruptcy. We also anticipate increased regulation and enforcement activity—particularly by the Consumer Financial Protection Bureau. These developments in the coming year are likely to have broad ramifications for the student loan marketplace in 2021 and beyond.

Fair Lending Newsletter – Winter 2021

We are pleased to present the Winter 2021 edition of the Mayer Brown Fair Lending Newsletter. In this edition, we discuss some of the fair housing priorities that President-elect Biden previewed during the presidential campaign, and take a look at notable developments from the past quarter. We hope you will enjoy reading.

Fair Lending Newsletter – Fall 2020

Welcome to the inaugural edition of Mayer Brown’s Fair Lending Newsletter. Our goal in publishing this newsletter is to provide you with a quarterly resource covering the most notable fair-lending developments of the past three months. In this edition, we cover various topics, from the current state of fair lending at federal government agencies to recent regulatory developments affecting banks and other consumer financial services companies.