The Consumer Financial Protection Bureau (CFPB) issued its summer edition of Supervisory Highlights. This edition covers the period from the last regular edition of Supervisory Highlights and excludes the special ...
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. ...
The CFPB’s Consumer Credit Panel (CCP) published a report on “consumer credit outcomes stemming from the immediate and dramatic shocks to consumer and household income” resulting from the COVID-19 pandemic. ...
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 ...
The Consumer Financial Protection Bureau (“CFPB”) issued a new interpretive rule (the “Rule”) in light of the current COVID-19 pandemic which addresses a creditors use of revised loan estimates due ...
The Consumer Financial Protection Bureau (“CFPB”) issued an interpretive rule (the “Rule”) regarding a consumer’s right to waive or modify certain timing requirements under the TILA-RESPA Integrated Disclosure (“TRID”) and ...
The National Automated Clearing House Association (Nacha) has released guidance regarding ACH transfers in light of COVID-19. Nacha reminds financial institutions of the importance of reviewing their business continuity plans ...
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 ...
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 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 ...