As we reported late last year, the Supreme Court is getting ready to hear oral arguments in the Selia Law, LLC v CFPB case. Late last week, we saw a ...
Last week, the Consumer Financial Protection Bureau (“CFPB”) issues its 21st edition of Supervisory Highlights in which they summarize examination findings in the areas of debt collection, mortgage servicing, payday ...
The IRS posted an updated Publication 590-A relative to Contributions to Individual Retirement Arrangements (IRAs) for use in preparing 2019 income tax returns. The publication highlights some of the following ...
Based on the SECURE Act of 2019, individuals can now remove funds from an IRA penalty-free to pay for qualified birth and adoption expenses. The IRS has posted a draft ...
In the Fall of 2019 the Consumer Financial Protection Bureau (“the Bureau”) published a request for information to reassess the integrated mortgage disclosures under the Real Estate Settlement Procedures Act ...
The Federal Financial Institutions Examination Council (FFIEC) released 2020 Edition of “Guide to HMDA Reporting: Getting it Right.” The updated Guide incorporates the HMDA Rule issued by the Consumer Financial ...
Fannie Mae and Freddie Mac (the GSEs) have published updated Adjustable-Rate Mortgage (ARM) Notes and Riders with new index fallback language for new closed-end, residential ARMs. The language is based ...
Current user of Compliance Systems’ Tax Favored Plan Account documents, we would like to provide you with information regarding changes made to Individual Retirement Accounts (IRAs) by the Setting Every ...
Fannie Mae and Freddie Mac (the GSEs) have made the interactive (fillable) PDF versions of the redesigned Uniform Residential Loan Application (URLA) available on their respective websites. The interactive PDFs ...
The Bureau of Consumer Financial Protection (Bureau) published a policy statement seeking to elaborate on the "abusiveness standard" as used in the Dodd-Frank Act's prohibition of abusive acts or practices ...