On December 15th, the FTC announced in a press release that it had reached a settlement with a mortgage industry data analytics company to resolve allegations in the FTC’s administrative complaint that the company had failed to ensure one of its vendors was adequately securing personal data about tens of thousands of mortgage holders under

Ballard Spahr is proud to partner with Venminder, Inc. in sponsoring a podcast on vendor management risk issues.  The podcast features Glen Trudel, a partner in Ballard Spahr’s Consumer Financial Services Group, and Branan Cooper, Venminder’s Chief Risk Officer.

The podcast showcases Glen’s perspectives on the likelihood of CFPB, FTC, FDIC and OCC regulatory developments

Ballard Spahr is proud to be partnering with Venminder, Inc. in sponsoring a webinar, “Banking and regulatory expectations in today’s third-party risk management world,” to be held at 2 p.m. ET on April 16, 2019.  Hosted by American Banker, the webinar will feature Glen Trudel, a partner in Ballard Spahr’s Consumer Financial Services Group,

Yesterday, the three bills described below were passed by the House Financial Services Committee.  The first two bills were passed by unanimous votes and the third bill was passed by a vote of 34-22.

  • The “Bank Service Company Examination Coordination Act of 2017,” (H.R. 3626), which amends the Bank Service Company Act