More about Paul McSheffrey
Paul McSheffrey, JD, is a senior regulatory compliance consultant with CLA. He is a graduate of Northeastern University and earned his juris doctor at the New England School of Law. He is admitted to the Bar in both Massachusetts and New York.
Blog Posts by Paul McSheffrey:
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Oregon Amends Exemption Provisions for Certain Entities & MLO Licensing
by: Paul McSheffreyProvisions Regarding Exemption from Licensing for Mortgage Loan Originators The Oregon Legislative Assembly recently passed Enrolled House Bill 2856, making changes to the licensing requirements for mortgage loan originators found in ORS 86A.203. The amendments add an exemption from licensing requirements for an individual who as seller within a twelve month period, negotiates […]
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Oregon Enacts Various Legislation Regarding Lending
by: Paul McSheffrey, Esq. Modifications to Provisions Regarding Interest on Lender’s Security Protection The Oregon Legislative Assembly recently passed Enrolled House Bill 2688. The Bill creates new provisions and amends Oregon statute 87.202 regarding statements of account for foreclosures of liens on chattel. The amendments to ORS 87.202 apply to foreclosures by sale that […]
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Maryland Enacts Mortgage Assistance Relief Services Act
by: Paul McSheffrey, Esq. The Maryland General Assembly has recently enacted the Maryland Mortgage Assistance Relief Services Act with the passage of House Bill 291. The Bill repeals and adds to various Maryland Commercial and Real Property laws. The intent of the Maryland General Assembly was to provide within State law, the consumer protections available […]