Regulatory Updates In Massachusetts

Licensing

Note-on-Note Financing Explained: Borrowing Against Your Notes

Note-on-note financing is how note investors recycle capital without selling. The facilities are lightly licensed by name, but regulated at every edge.

Licensing

Buying Mortgage Notes From Banks: How It Works and What to Check

Banks sell notes to manage capital and clean up balance sheets. Buying them is the easy part; the diligence and the licensing plan are what separate professionals.

Licensing

Performing vs Non-Performing Notes: The Compliance Difference

The price discount on non-performing notes is compensation for work, and much of that work is regulated. Here is how the licensing analysis splits between the two.

Compliance

Rhode Island Introduces Comprehensive Data Privacy Law with Key Exemptions

On June 28, Rhode Island became the nineteenth state to enact a comprehensive consumer data privacy law. The Rhode Island Data Transparency and Privacy Protection Act (Senate Bill 2500) takes effect on January 1, 2026. Here is who it covers, its key exemptions, and what businesses must do to comply.

Licensing

Rhode Island Requires Student Loan Servicers to Register

Rhode Island's "Student Loan Bill of Rights," requires that student loan servicers register with the state. The Bill of Rights calls upon the attorney general and state Department of Business Regulation to examine business practices and enact penalties for violations of the borrower's rights. The law became effective when it was signed by Governor Gina [...]

Licensing

Rule 68 - Dead or Alive?

Can an unaccepted Rule 68 offer of judgment be used to strip a Federal Court of subject matter Jurisdiction? A divided U.S. Supreme Court recently answered the question, no, in Campbell-Ewald Co. v. Gomez, 136 S. Ct. 663 (U.S. 2016). Article III of the US Constitution limits federal court jurisdiction to "cases" and "controversies." If [...]