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Articles by John Woods
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The 'open banking' revolution: Section 1033's mandate requires new technology and agreements by financial institutions
(August 13, 2024) - Adams and Reese attorneys Amy Hanna Keeney and John Woods discuss the Consumer Financial Protection Bureau's proposed steps for requiring financial institutions to establish data sharing agreements that allow third parties to access consumers' financial information. The march towards the "open banking" revolution has begun. The end of 2024 and into 2025 will mark a significant transformation in how financial entities handle consumer data.
Changes to home buying start this month
The National Association of REALTORS® (NAR) has been in the news quite often recently, and there has been a lot of misinformation. This article summarizes what has happened, what will change, and how it will impact buyers and sellers. Visit facts.realtor to get updated information and more details. Most of the following details come directly from that site and other NAR resources.
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