On May 22, US Congress passed the Crapo Bill (S.2155). While it does not abolish the Consumer Financial Protection Bureau or repeal the Dodd-Frank Act, it is expected to have significant consequences for the US consumer financial services sector. Please join Mayer Brown lawyers Holly Bunting, Steven Kaplan and Elyse Moyer on June 7 for a 30-minute discussion of how the Crapo Bill affects the definition of Qualified Mortgages; TRID compliance; HMDA reporting requirements; mortgage loan originator licensing; and protections for members of the military, veterans and student loan borrowers.
Mayer Brown’s Global Financial Markets Initiative helps clients deal with the legal and business challenges resulting from the ongoing turbulence in worldwide financial markets. By mobilizing the firm’s global resources from multiple practices and offices, the initiative provides clients with knowledgeable and timely counsel on a broad spectrum of their legal needs.
For additional information or to register, please contact GFM@mayerbrown.com.