Banking Law Update

A blog from the attorneys of Verrill

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Financial Institutions . . . In the News

  • A suit was filed against Quicken Loans by the Department of Justice for mortgage misconduct. (Maine News Online 4.27.2015)
  • Deutsche Bank agreed to $2.5 billion settlement and other sanctions for fraud and anti-trust charges. (Maine Mirror 4.24.2015)
  • US banks plan to issues more microchip debit and credit cards to help prevent fraud. (Mainebiz 4.20.2015)
  • Maine’s foreclosure inventory continues to decline. (Benzinga 4.19.2015)
  • The MERS (Mortgage Electronic Registration System) is strongly being debated in Augusta. (The Free Press 4.16.2015)
  • Some banking systems in Europe paying customers to take out loans. (MPBN 4.14.2015)
Topics: Current Events in Banking