On June 29, 2020, the Supreme Court ruled that the Consumer Financial Protection Bureau (CFPB), a governmental agency run by a single director, was unconstitutional because it violated the Constitution's ...
On June 24, 2020, the California Secretary of State announced that the California Privacy Rights Act (CPRA or CCPA 2.0) has received enough signatures, and those signatures were verified, to ...
The IRS announced relief for victims of the tornadoes, severe storms, and flooding that took place in parts of Mississippi, Tennessee, and South Carolina in IR-2020-126. Affected individuals and businesses ...
The IRS released Notice 2020-51 which provides significant relief for IRA owners and beneficiaries as well as retirement plan participants who wish to return their 2020 distributions due the RMD rule ...
The IRS released Notice 2020-50 regarding section 2202 of the CARES Act which provides for favorable tax treatment of coronavirus-related distributions for qualified individuals with respect to distributions from eligible ...
In December 2018, Fannie Mae and Freddie Mac (the GSEs) published a revised Uniform Underwriting and Transmittal Summary (Form 1008). This optional form is used to summarize key data from the ...
The Consumer Financial Protection Bureau (CFPB) recently published a revised version of the Consumer Handbook on Adjustable Rate Mortgages (CHARM) booklet. This booklet is required under the Real Estate Settlement ...
The NCUA Board (Board) has proposed to amend its share insurance regulation governing the requirements for a share account to be separately insured as a joint account by the National ...
The Consumer Financial Protection Bureau (“Bureau”) issued a final rule in May 2020 amending the Remittance Rule of the Electronic Fund Transfer Act effective July 21 2020, and the Bureau ...
In response to local shutdowns and social distancing practices amid the Covid-19 pandemic, the IRS released Notice 2020-42 which provides temporary relief from the physical presence requirement in Treasury Regulations ...