The Consumer Financial Protection Bureau (CFPB) released guidance regarding junk fee practices that are unlikely unfair and unlawful under existing law. The junk fees that are the focus of the ...
The Fifth U.S. Circuit Court of Appeals ruled the Consumer Financial Protection Bureau’s funding mechanism is unconstitutional. The Court also vacated the CFPB’s 2017 Payday Lending Rule. The CFPB is ...
The IRS issued Notice 2022-55 announcing the 2023 cost-of-living adjustments (COLAs) applicable to dollar limitations for employer-sponsored retirement plans, including individual retirement arrangements (IRAs). The annual contribution limit was increased to ...
An exemption from certain appraisal requirements for higher-priced mortgage loans will apply to loans of $31,000 or less in 2023 under a rule change announced by the Federal Reserve Board, ...
The Federal Reserve Board and the Consumer Financial Protection Bureau (CFPB) announced the annual adjustments to the dollar thresholds used in determining whether certain consumer credit and lease transactions are ...
In February of 2022, the IRS released guidance that called for beneficiaries—under certain circumstances—to take annual required minimum distributions while also being subject to the new 10-Year Rule. The IRS ...