Albany is the capital of New York and a commercial and governmental hub of the Northeast. The attorneys in our Albany office represent clients in consumer financial law and banking law, providing legal counsel to financial institutions conducting business across the country.
June 1, 2023
McGlinchey is pleased to announce that four members (partners) in its Financial Institutions Compliance practice are among the firm’s 23 attorneys recognized in the 2023 edition of the Chambers USA Guide. The practice group itself also sustained its nationwide ranking as one of only 14 firms ranked in the Financial Services Regulation: Consumer Finance (Compliance) category.
June 1, 2023
McGlinchey is pleased to announce that 23 attorneys and nine practice areas have been recognized in the 2023 edition of the Chambers USA Guide. This year’s rankings include six newly ranked attorneys (two with nationwide rankings, one in Washington, DC, and three in Louisiana) and one newly ranked practice group.
May 16, 2023
McGlinchey is pleased to announce that three nationally recognized attorneys who specialize in complex litigation, transactional, and regulatory matters across the spectrum of cannabis businesses have joined McGlinchey in Seattle and Albany.
May 9, 2023
Member Jeff Barringer (Albany) will join a panel, "Key Updates: State Law and Enforcement Trends," at the Mortgage Bankers Association (MBA) Legal Issues and Regulatory Compliance Conference on May 9, 2023, in Austin, TX.
April 21, 2023
Members Jeff Barringer (Albany) and Jim Milano (Washington, DC) will join a panel "Regulatory Compliance Concerns in the Current Era" at the Manufactured Housing Institute (MHI) 2023 Congress & Expo on April 21, 2023, in Las Vegas, Nevada.
October 7, 2022
On September 15, 2022, the U.S. Court of Appeals for the Second Circuit ruled in Cantero v. Bank of Am. that the National Bank Act (NBA) preempts a New York law requiring mortgage lenders to pay interest on mortgage escrow accounts as it relates to national banks. This ruling creates a circuit split on the issue of NBA preemption of state laws requiring payment of interest-on-escrow accounts.
August 30, 2022
On July 28, 2022, the Board of Governors of the Federal Reserve System published a proposed regulation to implement the Adjustable Interest Rate Act. Due to problems with LIBOR no longer being representative of the underlying borrowing costs of banks that LIBOR was intended to reflect, LIBOR is scheduled to be discontinued on June 30, 2023.
August 18, 2022
McGlinchey is proud to announce that 53 of its attorneys have been recognized in the 2023 edition of The Best Lawyers in America® and Best Lawyers: Ones to Watch.
July 27, 2022
Margaret J. Cascino (New York City) will participate in a New York Mortgage Bankers Association roundtable on Wednesday, July 27, 2022, with other New York counsel to discuss the hot topics and trends within the Foreclosure Environment.
June 16, 2022
The MBA's First Quarter 2022 National Delinquency Survey revealed that the delinquency rate for mortgage loans on 1–4-unit residential properties decreased to 4.11% of all loans outstanding at the close of the first quarter of 2022.