On March 31, 2020 the CFPB published a guide to various mortgage relief options available to borrowers affected by coronavirus/COVID-19. The Guide provides consumers with a general understanding of who ...
On March 26, 2020 the CFPB released a policy statement in which it reiterated its guidance encouraging financial institutions to make “prudent efforts undertaking in good faith” to work constructively ...
The IRS posted FAQs on their website related to the relief provided late last week in Notice 2020-18 regarding the July 15, 2020 tax filing and payment deadline. These FAQs ...
Last week, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act") that will distribute $1,200 to each adult within a certain income bracket and $500 for ...
Effective March 26, 2020, the Federal Reserve Board (“Board”) reduced the reserve requirement ratios to zero percent. The Board reduced the ratio in an effort to free up liquidity to ...
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. The large stimulus package apportioned $349 Billion for the Small Business Association and ...
More and more states are enacting emergency measures to provide relief to address notarization issues that have arisen as a result of the safety measures in place due to the ...
Today the House of Representatives passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The CARES Act includes several provisions that will directly impact many IRA/HSA owners and ...
On March 23, 2020, Freddie Mac published Bulletin 2020-5 regarding temporary measures for selling requirements in relation to Coronavirus COVID-19 to address sellers’ questions and concerns. Freddie Mac is working ...
On March 23, 2020, Fannie Mae published Lender Letter LL-2020-04 regarding the impact of Coronavirus COVID-19 on appraisals. In many cases, due to COVID-19, lenders are not able to obtain ...