BLT: April 2013



Business & Corporate

The Bureau's Loan Originator Compensation Rule: Changes, Clarifications, Qualifications and More

On January 20, 2013, the Consumer Financial Protection Bureau released its final rule regarding the loan originator compensation requirements under the Truth in Lending Act. It followed up by publishing the Rule in the Federal Register on February 15, 2013. Despite the Bureau's labeling of the Rule, it does more than implement statutorily required loan originator compensation changes.

Business & Corporate

An Overview of the Consumer Financial Protection Bureau's Ability-to-Repay and Qualified Mortgage Rule

On January 10, 2013, the Consumer Financial Protection Bureau released its final Ability-to-Repay and Qualified Mortgage Rule, effective January 10, 2014. This article will look at that rule by first exploring the background and financial situation that led to the release of the rule, Congress' statutory enactments permitting the rule, and the final rule itself.

Business & Corporate

The Impact of Corporate Restructuring on Foreign National Employees

It is critical for in-house counsel to be aware of immigration-related issues that may arise as a result of a restructuring between companies that employ foreign nationals. Companies should work with competent and experienced immigration counsel early on in any transaction to ensure that they are in compliance with immigration regulations and to ensure that foreign national employees remain authorized to work in the United States.