In December 2018, Fannie Mae and Freddie Mac (the GSEs) published a revised Uniform Underwriting and Transmittal Summary (Form 1008). This optional form is used to summarize key data from the ...
The Consumer Financial Protection Bureau (CFPB) recently published a revised version of the Consumer Handbook on Adjustable Rate Mortgages (CHARM) booklet. This booklet is required under the Real Estate Settlement ...
The NCUA Board (Board) has proposed to amend its share insurance regulation governing the requirements for a share account to be separately insured as a joint account by the National ...
The Consumer Financial Protection Bureau (“Bureau”) issued a final rule in May 2020 amending the Remittance Rule of the Electronic Fund Transfer Act effective July 21 2020, and the Bureau ...
In response to local shutdowns and social distancing practices amid the Covid-19 pandemic, the IRS released Notice 2020-42 which provides temporary relief from the physical presence requirement in Treasury Regulations ...
On Thursday May 28, 2020, the IRS released Notice 2020-35 which extended the filing date for Form 5498-IRA Contribution Information, Form 5498-ESA-Coverdell ESA Contribution Information, and Form 5498-SA-HSA, Archer MSA, ...
The IRS released Revenue Procedure 2020-32 on May 20, 2020 announcing the cost-of-living adjustments (COLAs) applicable to health savings accounts (HSAs) for the calendar year 2021. The changes include an ...
In April 2020, the IRS began rolling out Economic Impact Payments (EIP) as a result of the CARES Act that provides economic relief to Americans in light of the coronavirus ...
The Consumer Financial Protection Bureau ("Bureau") issued a final rule amending the Remittance Rule of the Electronic Fund Transfer Act. As part of the final rule, the Bureau is amending ...
The Consumer Financial Protection Bureau (Bureau) released a statement and FAQs on payments and deposit rules related to the COVID-19 pandemic. The Bureau encourages financial institutions to continue to assist ...