On January 7, 2020, the National Credit Union Administration (NCUA) released its supervisory priorities for 2020, which are highlighted below: Bank Secrecy Act Compliance/Anti-Money Laundering- its focus includes the customer ...
The Department of Treasury, Bureau of Fiscal Service (Fiscal Service) is proposing to amend Title 31 CFR Part 210, which governs the ACH Network by Federal agencies, by incorporating the ...
Fannie Mae and Freddie Mac (GSE’s) have announced an updated implementation timeline for the re-revised Uniform Residential Loan Application (URLA) and a mandatory use date of November 1, 2020. The ...
On December 20, 2019, President Trump signed the Further Consolidated Appropriations Act of 2020, which incorporated the Setting Every Community Up for Retirement Enhancement (SECURE Act). The SECURE Act includes ...
On December 16, 2019, Congress incorporated the Setting Every Community Up for Retirement Enhancement Act (SECURE Act), which passed the House earlier this year, into a bipartisan appropriations bill that ...
Four federal agencies (the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Financial Crimes Enforcement Network, and the Office of the Comptroller of the ...
The Seila Law, LLC v Consumer Financial Protection Bureau matter is going to heat up again quickly as oral arguments have been scheduled for March 3, 2020. The questions ripe ...
Under the Fair Credit Reporting Act, a consumer reporting agency must, upon request by a consumer disclose to the consumer information in the consumer file. When the consumer is not ...
Last week, the CFPB published a request for information to reassess the integrated mortgage disclosures under the Real Estate Settlement Procedures Act and the Truth in Lending Act. The focus ...
Effective December 28, 2019, the Taxpayer First Act limits use of tax return information to only those purposes expressly authorized/consented to by the taxpayer. Specifically, the Act amended 26 U.S.C.A. ...