Equal Credit Opportunity Act and Reg. B
In this episode, Andrew Muller, a partner in the Bankruptcy and Creditors' Rights group, discusses several issues related to the Equal Credit Opportunity Act and Regulation B. In addition to some historical context, Andrew provides an overview of current litigation issues surrounding Reg. B cases with particular focus on spousal guaranties and other problems with spousal signatures on loan documents. Andrew also outlines some key best practices that can assist lenders in navigating the ECOA requirements.
About the Financial Perspectives Interview Series
Stinson Leonard Street's banking and financial services practice group is pleased to share an engaging and informative interview series dedicated to the legal issues defining and shaping financial institutions today and in the future. In each episode of the Financial Perspectives Interview Series, our business-minded attorneys share their insights on industry trends, identify problems to avoid and analyze the business implications of new laws and regulations. The interviews are concise and focused on the information our clients need to make decisions and meet their business goals without interruption.