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  Former CFPB deputy heads to New York DFS Wednesday, January 15, 2020 Leandra English, the former deputy director of the Consumer Financial Protection Bureau (CFPB), was recently announced as special policy advisory at the New York Department of Financial Services. Former CFPB Director Richard Cordray’s second-in-command may be best known for being involved in a dispute with former acting director Mick Mulvaney over who was to lead the bureau after Cordray’s departure. Read on for more details.
 Michigan DIFS issues letter regarding marijuana services Wednesday, January 15, 2020 The Michigan Department of Insurance and Financial Services recently issued letter 2020-CU-01 to the Board of Directors and Management of Michigan State-Chartered Credit Unions regarding financial services to the Marijuana Industry. Attached to the letter was a recent memorandum on Financial Services and the Michigan Marijuana Industry. Read on for more information.
 Owner sues over missed delinquent taxes Wednesday, January 15, 2020 The current owner of property in Pennsylvania brought suit against Pennsylvania state court judges, the Court of Common Pleas of Philadelphia County, the tax revenue bureau and chairwoman Nancy Kammerdeiner, alleging that the city of Philadelphia began foreclosure proceedings despite providing the city with accord and satisfaction. She argued she was unaware of the delinquent taxes on the property when she purchased it in 2007. Read on for more details.
Alabama to consider changes to mortgage satisfaction lawWednesday, January 15, 2020 The Alabama Legislature is considering a bill to expand the Alabama Residential Mortgage Satisfaction Act to require recordation of satisfaction to include mortgages securing commercial agricultural properties. It would rename the act the Alabama Residential and Agricultural Mortgage Satisfaction Act. Read on for more details.
New Jersey bulletin discusses Home Ownership Security Act Wednesday, January 15, 2020 The New Jersey Department of Banking and Insurance recently issued Bulletin No. 20-01 regarding the New Jersey Home Ownership Security Act of 2002 – specifically, the annual review required in the acts definition of a high cost home loan. Read on for more detail.
 Proposed budget seeks to create California version of CFPBMonday, January 13, 2020 As part of his proposed budget, California Gov. Gavin Newsom proposed expanding the state’s Department of Business Oversight’s authority and capacity, changing its name to the Department of Financial Protection and Innovation to better reflect its current and future purpose. Read on for more details.
 New York DFS creates Consumer Protection Task Force Monday, January 13, 2020 New York Financial Services Superintendent Linda A. Lacewell announced the creation of a new Consumer Protection Task Force within the Department of Financial Services (DFS) that will further DFS’ mission to protect consumers as the federal government rolls back important consumer protections. Read on for more details.
 Virginia considers settlement kickback prohibition Monday, January 13, 2020 The Virginia General Assembly is considering a bill that would create a prohibition against payment or receipt of settlement services kickbacks, rebates, commissions and other payments. It also provides specific criminal and civil penalties. Read on for more details.
West Virginia introduces electronic recording act Monday, January 13, 2020 The West Virginia Legislature has introduced the Uniform Real Property Electronic Recording Act, a bill that would clarify the law regarding electronic recording of real property documents. It initially was drafted by the Uniform Law Commission and has been adopted in 36 states. Read on for more details.
West Virginia considers identity theft legislationMonday, January 13, 2020 The West Virginia Legislature is considering legislation relating to the theft of consumer identity protections, including specific protection for theft of identity information of persons 60 years of age or older or individuals under 18 years of age. Read on for more details.
New Jersey investor charged with conspiracy Monday, January 13, 2020 An Essex County, N.J., man was arraigned on charges that he engaged in a conspiracy to commit mortgage fraud that resulted in potential losses in excess of $1 million. Read on for more details.
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