June 23, 2021, the Supreme Court of the United States (SCOTUS) issued its decision in Collins v Yellen, ruling that the director of the Federal Housing Finance Agency (“FHFA”) can ...
The Consumer Financial Protection Bureau (CFPB) issued a new report in which they analyze lending patterns based on reported HMDA data. The report looks at those financial institutions reporting under ...
Last week, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule regarding their authority to resume examinations under the Military Lending Act (MLA). The MLA seeks to protect military ...
The Consumer Financial Protection Bureau issued its Spring 2021 Rulemaking Agenda. The Spring Agenda is roughly half the size of the Fall 2020 Agenda and contains only two new items. ...
Late last week the Federal Housing Administration (FHA) provided updates to its student loan monthly payment calculations. Before this update, the FHA policies did not address inclusion of future payments ...
On June 17, President Biden signed Senate Bill 475 (the “Bill”) into law; this Bill amends Title 5 of the United States Code to include June 19, Juneteenth National Independence ...
The Consumer Financial Protection Bureau (CFPB) issued five new FAQs specifically related to housing assistance loans and the BUILD Act. These FAQs cover topics such as the applicability of TRID ...
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Effective April 1, 2021, the Consumer Financial Protection Bureau (CFPB) has rescinded seven policy statements which provided temporary flexibility to financial institutions during the past year of the Covid-19 pandemic. ...