Melissa Richards, Presenter at the CA State Bar Financial Institutions Committee

Melissa Richards, Of Counsel at Buchalter, will discuss understanding the proposed rule provisions coming out of the California Department of Financial Protection and Innovation (fka Department of Business Oversight) that would impose new early disclosure requirements on covered commercial lenders that are CFL licensed or subject to CFL licensing, how your company can be ready for the final California commercial loan disclosure rules, transitioning of all CFL licensees and new applications onto the Nationwide Mortgage Licensing System online platform, and new license requirements for consumer debt collectors under SB908 starting January 1, 2022.