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President Trump Announces Major Housing Policy Shifts, with Broader Executive Order Expected
In social media posts this week, President Trump announced major policy shifts aimed at improving housing affordability. In the first post on Jan. 7, the president stated that he is “immediately taking steps to ban large institutional investors from buying more single-family homes.” The following day, the president called on Fannie Mae and Freddie Mac (the Enterprises) to purchase $200 billion in mortgage-backed securities (MBS). These policies are part of a broader effort by the administration...By: Brownstein Hyatt Farber Schreck
OCC expands its reach with two actions on escrow laws
On December 23, the OCC published two notices of proposed rulemaking in the Federal Register that would clarify and reinforce federal banking authorities over interest-on-escrow laws and real estate lending escrow accounts....By: Orrick, Herrington & Sutcliffe LLP
Ninth Circuit upholds FHFA funding structure against constitutional challenge
On January 2, the U.S. Court of Appeals for the Ninth Circuit upheld the constitutionality of the FHFA’s funding mechanism, affirming the dismissal of a lawsuit that challenged the agency’s authority under the Appropriations Clause and the nondelegation doctrine....By: Orrick, Herrington & Sutcliffe LLP
Kentucky borrower files putative class action alleging usury through ‘rent-a-tribe’ scheme
Recently, a Kentucky resident filed a class action complaint in the U.S. District Court for the Western District of Kentucky, alleging that a group of lenders issued illegal high-interest loans to Kentucky residents in violation of state usury and consumer protection laws....By: Orrick, Herrington & Sutcliffe LLP
California State Budget 2026-27
Gov. Gavin Newsom’s 2026–27 and final January budget proposal acknowledges that California faces a state deficit in the current fiscal year. However, the proposal is characteristically optimistic regarding the size of the deficit and remains equally ambitious in outlining how the state will deploy resources across key priorities, including agency consolidation, long-term debt repayment and legacy projects during the governor’s final year in office....By: Brownstein Hyatt Farber Schreck
Sustainable Energy & Infrastructure Client Feature — January 2026
This month we’re pleased to feature our client, Wilmington Trust, N.A. A leader in institutional client services and wealth management, Wilmington Trust is a subsidiary of M&T Bank that offers corporate trust, custody, investment management, and other solutions for individuals, families, and businesses....By: Mintz - Energy & Sustainability Viewpoints
Sustainable Energy & Infrastructure Connections — January 2026
Sustainable Energy & Infrastructure Connections brings the latest developments in energy investing, legal insights, company activity, and industry events straight to your inbox....By: Mintz - Energy & Sustainability Viewpoints
Q&A: CFTC Outlook and Digital Asset Regulation with Orrick Partner Dan Ullman
Can you describe how the CFTC fits in the financial regulatory space, both historically and now?...By: Orrick, Herrington & Sutcliffe LLP
Maine settles with crypto kiosk operator for $1.9M over alleged unlicensed activity and consumer protection failures
On January 5, the Maine Bureau of Consumer Credit Protection (BCCP) announced it has entered into a consent agreement with a virtual currency kiosk operator, resolving its dispute over alleged unlicensed money transmission activities and violations of Maine’s consumer protection laws....By: Orrick, Herrington & Sutcliffe LLP
State attorneys general file new complaint against lack of CFPB funding
On December 22, the attorneys general from 22 states and territories filed a complaint in an Oregon federal district court for declaratory and injunctive relief against the CFPB, the Fed, and the acting director of the CFPB. The complaint challenged the CFPB’s reversal of its longstanding interpretation of the Dodd-Frank Act’s funding mechanism....By: Orrick, Herrington & Sutcliffe LLP
District court clarifies CFPB must request funding from the Fed
On December 30, the U.S. District Court for the District of Columbia granted the CFPB union’s motion to clarify the scope of a preliminary injunction in the ongoing litigation regarding the CFPB’s funding and operations....By: Orrick, Herrington & Sutcliffe LLP
New York enshrines its FAIR act to amend its general business law
On December 19, the governor of New York signed into law an act to amend the general business law: the “fostering affordability and integrity through reasonable (FAIR) business practices act.” The legislation declared that the state has a responsibility to protect New Yorkers from unfair, deceptive and abusive business acts and practices....By: Orrick, Herrington & Sutcliffe LLP
New York State updates insurance law to include virtual credit cards
On December 19, the governor of New York enacted a law amending the insurance law and the public health law regarding the use of virtual credit cards by insurers and certain health care plans....By: Orrick, Herrington & Sutcliffe LLP
The new EU Anti-Money Laundering Regime: implications for life insurers and insurance intermediaries
With the aim of strengthening and harmonising the anti-money laundering (AML) and counter-terrorism financing (CFT) requirements across the EU, the latest overhaul of the AML/CFT Framework represents a significant shift in regulatory architecture, compliance expectations and supervisory relationships. For life insurance companies and certain insurance intermediaries classified as ‘obliged entities' there are a number of changes which will have implications touching on scope, compliance and...By: Hogan Lovells
New York State enacts rights of action for coerced debt claims
On December 19, the governor of New York signed into law an act to amend the general business law, establishing a right of action for claims arising out of coerced debts....By: Orrick, Herrington & Sutcliffe LLP
FinCEN announces border-focused operation targeting BSA/AML non-compliance
On December 22, FinCEN announced a multi-tiered operation targeting more than 100 money services businesses (MSBs) operating along the southwest border for potential noncompliance with BSA/AML regulations....By: Orrick, Herrington & Sutcliffe LLP
The State AG Report – 01.08.2026
Here are curated AG and federal regulatory news stories highlighting key areas in which state and federal regulators’ decisions are having an impact across the US: • AGs Drive Home $150M Deal With Mercedes Over Diesel Emissions - • Democrats Fight to Keep the CFPB Running - • Republican AGs Seek to Blunt Marijuana Rescheduling Effort - • Bipartisan AGs Urge FCC to Refrain from Preempting State AI Laws-...By: Cozen O'Connor
[Video] AI Today in 5: January 12, 2026, The Turning Comms into Compliance Edition
Welcome to AI Today in 5, the newest addition to the Compliance Podcast Network. Each day, Tom Fox will bring you 5 stories about AI to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the AI Today In 5. All, from the Compliance Podcast Network. Each day, we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest about AI. Top AI stories include: • Google takes the lead in the AI race. (WSJ)):...By: Thomas Fox - Compliance Evangelist
Venezuela: Sanctions Policy Changes Afoot
Since the January 3, 2026 capture of Venezuelan leader Nicolás Maduro, fast-moving discussions between the US and Venezuelan authorities are creating momentum around a shift in US sanctions policy concerning the sale and transportation of Venezuelan oil. As explained below, however, any participants in transactions subject to US jurisdiction would need to confirm compliance with existing US sanctions either through receipt of interpretive guidance or via a specific license issued by the US...By: Seward & Kissel LLP
Some Dystopic Thoughts for the New Year
Things are looking pretty sweet out there right now, aren’t they? The economy seems immune to all the handwringing over jobs and inflation. The stock market is on fire. The financial community, including but certainly not limited to the commercial real estate finance community, is doing cartwheels over the expectation that 2026 will be the year we’ve been talking about staying alive until for a couple of years now......By: Crunched Credit
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