Troutman Sanders

AUGUST 7, 2023

Small Business Administration (SBA) began implementing additional policies aimed at expanding small business access to capital by modernizing SBA’s signature 7(a) and 504 loan programs. The court issued this judgment in connection with the civil enforcement action filed by the CFPB in 2019. For more information, click here.

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Burr Forman

JANUARY 7, 2022

Meryl Cowan is a member of the firm’s Labor & Employment group where she represents employers, manufacturers, and companies in all aspects of general employment, labor, and employment discrimination law. About Burr & Forman LLP.

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Troutman Sanders

APRIL 23, 2021

This case arose from Scott Tucker controlling several payday loan companies, which provided misleading loan terms. On the FTC’s motion for summary judgment, the district court granted the injunction and directed Tucker to pay $1.27 billion in restitution and disgorgement.

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Fico Collections

SEPTEMBER 27, 2022

This development is also supported by the fact that the decisions that are necessarily automated in digital processes are becoming better and better and regularly surpass the performance of manual decisions and decision strategies developed judgmentally. Thesis 4: AI Requires Effort. This assessment is inaccurate.

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Troutman Sanders

SEPTEMBER 25, 2023

Increasingly, banks, brokers, and insurance companies are employing AI to process data, decide who can get a loan, and tailor financial products to customers. or more percentage points for a first-lien covered transaction with a loan amount greater than or equal to $130,461; 3.5 For more information, click here.

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Troutman Sanders

FEBRUARY 8, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. attorney’s office to stop judicial foreclosures and evictions on accounts previously referred to the DOJ. For more information, click here.

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