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15 Results

Karen W. Fries
Insights
Jan 06, 2023

BCLP Israel Deal Round-up 2022

Insights
Aug 24, 2022

Deceptive and unfair -- multiple NSF fees on representments of the same transaction

In guidance issued recently, the Federal Deposit Insurance Corporation (“FDIC”) advised that charging multiple non-sufficient funds (“NSF”) fees constitute “violations of law” when customer…
Insights
Aug 19, 2022

CFPB guidance on pay-to-pay fees impacts consumer loan agreements

Consumer debt collectors may not be permitted to charge consumers “convenience fees” for card payments, which the Consumer Financial Protection Board (the “CFPB”) calls “pay-to-pay” fees, unless the…
Insights
Jun 17, 2020

Boston Fed Releases Updated FAQs, Forms and Agreements Related to the Main Street Lending Program

On June 26, the Federal Reserve Bank of Boston (the “Boston Fed”) released updated and revised Frequently Asked Questions regarding the Federal Reserve’s Main Street Lending Program (“MSLP”). On June…
Insights
Jun 02, 2020

Boston Fed Releases Program Documentation and Updated FAQs for Main Street Lending Program

On May 27, 2020, The Federal Reserve Bank of Boston (the “Boston Fed”) released documentation and additional details with respect to the Federal Reserve’s Main Street Lending Program (“MSLP”).  This…
Insights
May 07, 2020

Federal Reserve Board Expands Scope and Eligibility of Main Street Lending Program

On April 30, 2020, the Federal Reserve (the “Fed”) released additional details about the Main Street Lending Program (“MSLP”), and announced that it is expanding the scope of and eligibility for the…
Insights
Apr 15, 2020

U.S. Economic Stimulus Under the Main Street Lending Program

On April 9, 2020, the Federal Reserve (the “Fed”) announced that it is taking additional action to provide up to $2.3 trillion in loans to support the economy through various programs, including the…
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