The Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) (collectively the “Agencies”) issued an ...
On April 14, 2020, Fannie Mae and Freddie Mac (the GSEs) released a joint announcement regarding the extension of the implementation timeline for the redesigned URLA (Fannie Mae Form 1003 ...
The Bureau of Consumer Financial Protection ("Bureau") has issued an interpretive rule to allow the disbursement of funds by a government agency for COVID-19 relief through an electronic fund transfer, ...
On April 10, 2020, the Bureau of Consumer Financial Protection ("Bureau") released a policy statement that during the COVID-19 pandemic it will not cite supervisory violations or initiate enforcement actions ...
On Thursday April 9, 2020, the IRS issued Notice 2020-23 providing expanded coronavirus relief including IRA rollovers. The rollover relief provides increased flexibility for IRA owners looking to complete a ...
In March, an interagency statement was issued related to section 401 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) related to relief from troubled debt restructures (TDRs) ...
On April 1, 2020, Fannie Mae announced in SEL-2020-02, and Freddie Mac announced in Bulletin 2020-9, the requirements for the new Secured Overnight Financing Rate (SOFR)-indexed ARM products and the ...
The California Attorney General's office has released a statement that they will not be delaying the California Consumer Privacy Act's ("CCPA") July 1st enforcement date. A coalition that includes a ...
On April 8, 2020, Freddie Mac published Bulletin 2020-10 to provide temporary guidance in response to feedback from servicers regarding previous Bulletins 2020-4 and 2020-7 (these provided temporary servicer guidance ...
Fannie Mae has retired the following multistate biweekly notes and riders; they have been removed from Fannie Mae’s Legal Documents webpage along with the corresponding Summary documents and Spanish language ...