On Wednesday May 5, 2021, the House Ways & Means Committee approved HR 2954, the Securing a Strong Retirement Act of 2021 (SSRA) with a unanimous vote. The bill is now ...
IRS Announces Additional Postpones Deadlines for IRA/HAS Contributions and Other Time-Sensitive Acts
On April 29, 2021, the IRS issued News Release KY-2021-01 and News Release AL-2021-01 to provide "affected taxpayers" who were victims of certain disasters in Kentucky and Alabama relief with postponed deadlines ...
On April 20, 2021, Fannie Mae and Freddie Mac (the GSEs) made a joint Uniform Loan Application Dataset/Uniform Residential Loan Application (ULAD/URLA) announcement reminding lenders that starting on May 1, 2021, ...
The Internal Revenue Service (IRS) recently published Form 4506-C to replace Form 4506-T for IVES participants. Form 4506-C had a mandatory use date of March 1, 2021. One of the ...
April 5, 2021, the Consumer Financial Protection Bureau (CFPB) issued proposed rules to revise several provisions of Regulation X related to mortgage servicing because of the Covid-19 pandemic. The purpose ...
Effective April 1, 2021, the Consumer Financial Protection Bureau (CFPB) has rescinded seven policy statements which provided temporary flexibility to financial institutions during the past year of the Covid-19 pandemic. ...
Effective April 1, 2021, the Consumer Financial Protection Bureau (CFPB) has rescinded Bulletin 2018-01. Bulletin 2018-01, issued September 25, 2018, relates to changes to types of supervisory communication. This Bulletin ...
The Federal Deposit Insurance Corporation (FDIC) issued its March 2021 edition of Supervisory Highlights. This edition of the Supervisory Highlights includes a summary of the FDIC’s approach to supervision in ...
The Federal Reserve (FR) updated its frequently asked questions related to legal interpretations of the FR’s regulations. FAQs for several regulations are included, including Regulation O regarding loans to executive ...
In News Release IR-2021-67 the Internal Revenue Service announced that individuals have until May 17, 2021 to meet certain deadlines that would normally fall on April 15. This confirms that ...