The Consumer Financial Protection Bureau yesterday finalized new measures to ensure that homeowners and struggling borrowers are treated fairly by mortgage servicers. The updated rule requires servicers to provide certain borrowers with foreclosure protections more than once over the life of the loan, clarifies borrower protections when the servicing of a loan is transferred, and […]
Max N. Helveston of DePaul has written Regulating Digital Markets, NYU Journal of Law & Business, Forthcoming. Here is the abstract: It has become popular for scholars and non-academic commentators to claim that technological advances have reshaped consumer markets and empowered individuals. Some have argued that the digitization of commerce has leveled the playing field […]
We have received the following Call for Papers: The AALS Section on Defamation and Privacy is pleased to announce a Call for Papers from which one presenter will be selected for the Section’s program at the 2017 AALS Annual Meeting in San Francisco, CA. The program will take place on Friday, January 6, from 8:30 […]
The Federal Trade Commission has created this webpage with a bunch of information about how consumers can recover under its settlement with Volkswagen. (As you will recall, Volkswagen told its customers that many of its cars emitted low levels of harmful pollutants, but that was a lie.) Here's an excerpt: Volkswagen will provide up to $10 billion […]
Imre S. Szalai of Loyola of New Orleans has written Exploring the Federal Arbitration Act Through the Lens of History, Journal of Dispute Resolution, Vol. 2016, No. 1 (2016). Here's the abstract: My initial interest in the history of the Federal Arbitration Act (FAA) arose out of my experiences representing clients and seeing how the FAA […]
We received the following announcement: The Section on Financial Institutions and Consumer Financial Protection is pleased to announce a Call for Papers from which up to two presenters will be selected for our program to be held during the AALS 2017 Annual Meeting in San Francisco on Friday, January 6, 2017 at 8:30 a.m. The topic […]
We received the following announcement: ALBANY LAW SCHOOL invites applications for an entry-level tenure-track position to teach a range of commercial, consumer and business law courses. We are especially interested in candidates with experience and expertise in the following subject matter areas: sales, payments, consumer law, mortgages and liens, corporations, regulatory compliance, creditor’s rights, and/or […]
As explained in this article by Stacy Cowley, Massachusetts has become the first state to bar employers from asking job applicants about what they earned at their prior jobs. This excerpt explains why: By barring companies from asking prospective employees how much they earned at their last jobs, Massachusetts will ensure that the historically lower wages and […]
by Jeff Sovern The Senate letter, signed by more than a third of the Senators, is here, and the House letter with 65 signers, is here. The letters are more than pro forma expressions of support. They are extensively footnoted (and the House letter cites the law professor letter joined by more than 200 professors). Some excerpts […]