Sasha Leonhardt discussed regulatory and enforcement trends arising from the Servicemembers Civil Relief Act (SCRA) and the Military Lending Act (MLA), the two primary laws specifically aimed at protecting servicemembers’ financial health.
Federal regulators in the first three years of the Trump administration made 20 fair lending referrals to the Department of Justice — the same number of referrals the Obama administration made in its last year.
As we move to a new administration — and an expected increase in regulatory enforcement for financial services — Section 8 of the Real Estate Settlement Procedures Act may again move to the front burner.
Jerry Buckley moderated a panel which focused on how enhancements in core platform services can empower community banks to offer innovative technology solutions to their customers, including through partnerships with fintech companies.
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