Last week several federal regulatory agencies jointly released revised questions and answers regarding federal flood insurance. Among the topics covered is escrow of flood insurance premiums, detached structure exemption, force ...
The Consumer Financial Protection Bureau (CFPB) issued an advisory opinion affirming that the Equal Credit Opportunity Act (ECOA) and Regulation B protect applicants seeking credit and those who have already ...
The Consumer Financial Protection Bureau (CFPB) has issued the Spring 2022 edition of its Supervisory Highlights report. This edition covers examination topics the CFPB identified between July and December of ...
In a Press Release on May 3, 2022, the Federal Deposit Insurance Corporation (FDIC) announced it will be sponsoring another Small Business Lending Survey (SBLS) in June of 2022. The ...
On May 3, 2022, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac will require use of the Supplemental Consumer Information Form (SCIF) beginning March 1, ...
The Consumer Financial Protection Bureau (CFPB) issued Spanish translations for certain Regulation E and Regulation B model forms. On April 29, 2022, the CFPB released Spanish translations for model forms ...
The IRS released Revenue Procedure 2022-24 announcing the cost-of-living adjustments (COLAs) applicable to health savings accounts (HSAs) for the calendar year 2023. The changes include an increase in the contribution limits ...
South Carolina adopts the South Carolina Uniform Transfers to Minors Act. The adoption of this law repeals South Carolina's existing Uniform Gifts to Minors Act. While sections of the new ...
The Federal Deposit Insurance Corporation (FDIC) recently issued its latest version of Consumer Compliance Supervisory Highlights. The FDIC is responsible for supervising roughly 3,200 state-chartered banks and thrifts that are ...
The Consumer Financial Protection Bureau (CFPB) released a report showing that credit card issuers collectively charged $12 billion in late fees in 2020. The report makes several findings, including: Many ...