New Guidance for Mortgage Servicers from the Consumer Financial Protection Bureau

[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][vc_column_text] By: Litigation and Creditors’ Rights & Bankruptcy Practice Groups Citing the widespread concern that many mortgage servicers lack adequate computer systems which prevent them from following CFPB mortgage servicing regulations (the majority of which became effective in January, 2014), the CFPB has issued

BOLI’s Complicated New Rules for Payment of Minimum Wage by Region

[vc_row][vc_column][vc_column_text]By: Randall Sutton Management-Side Employment Law Saalfeld Griggs PC   The first of several significant annual increases to Oregon’s minimum wage are effective July 1st.  The rate of increases will vary by geographic region.  Within the Portland Urban growth boundary, the  minimum wage increases most quickly, starting at $9.75/hr on July 1, with a big

BOLI’s New Complicated Rules for Payment of Minimum Wage by Region

[vc_row][vc_column][vc_column_text]BOLI’s New Complicated Rules For Payment Of Minimum Wage By Region   By: Randall Sutton Management-Side Employment Law Saalfeld Griggs PC   The first of several significant annual increases to Oregon’s minimum wage are effective July 1st.  The rate of increases will vary by geographic region.  Within the Portland Urban growth boundary, the  minimum wage

New CFPB Rule Targets Lenders of Pay-Day Loans, Auto Title Loans, and Other High-Cost Loans

  Saalfeld Griggs Litigation, Creditors’ Rights & Bankruptcy Practice Groups Oregon Business Lawyers Today the Consumer Financial Protection Bureau (“CFPB”) proposed rules targeting the pay-day, auto title and deposit advance products in the lending industry. Under the proposed rule, lenders would be required to ensure a consumer has the ability-to-repay (“ATR”) the loan prior to

New Rules for Paying Employees on a Salary – Tough Decisions & Difficult Conversations

By: Randall Sutton Saalfeld Griggs Employment Law & Litigation Practice Group Oregon Business Lawyers   It’s finally here. Nearly a year after the proposed rule was announced, the U.S. Department of Labor (“DOL”) has raised the salary threshold for employees to qualify as “exempt” under the Fair Labor Standards Act (“FLSA”).  The new rule will

Employment Law Breakfast – St. Patrick’s Day Edition | March 17

THE SAALFELD GRIGGS EMPLOYMENT LAW & LITIGATION TEAM PRESENT: Minimum Wage & Other Wage & Hour Woes Randall Sutton, David Briggs, and Therese Holmstrom DATE: Thursday, March 17, 2016 – 7:15am – 8:30am – Saalfeld Griggs Office COST: Free for Clients/Friends of the Firm LOCATION: The Office of Saalfeld Griggs PC, Park Place – 2nd