FHFA announces foreclosure suspension for borrowers requesting HAF assistance
Mortgage servicers will be required to suspend foreclosure activities for up to 60 days if they are notified that a ...
Tag: COVID-19
SBA Releases Strategic Plan for FY 2022-2026
The Small Business Administration’s strategic goals for FY 2022-2026 include providing an equitable and customer-centric delivery of programs to small ...
New FDIC Reports Chart Continued Effect of Pandemic on Banks
Two reports released today by the FDIC provide data on consumer lending, deposit rates and branch closures in the wake ...
SBA to Offer Additional Deferment for COVID EIDL Program Loans
The Small Business Administration today announced that it will extend the deferment timeframe for COVID-related Emergency Disaster Injury Loans to ...
A Moving Target: Pandemic Impacts on Anti-Money Laundering Compliance
Banks focusing on innovation in their processes, people and technology will be well placed to implement effective BSA/AML compliance programs.
CFPB Signals Intention to Scrutinize Credit Card Fees, Practices
In a new blog post this week, the CFPB said it is “looking to use a long-dormant authority” under Dodd-Frank ...
Supreme Court Strikes Down Vaccine Mandate for Large Employers
The Supreme Court today blocked the employer vaccine mandate issued by the Occupational Safety and Health Administration, which would have ...
Beige Book: Economic Activity Hampered by Labor Shortages, Supply Chain Issues
Economic activity grew at a modest pace in the final weeks of 2021 as many parts of the country reported ...
Supreme Court Sets Jan. 7 Argument in Vaccine Mandate Dispute
The Supreme Court announced last night that it will hold oral argument Jan. 7 in the challenge to the employer ...
CFPB, DOJ Remind Servicers of Veteran, Service Member Rights As COVID Forbearance Ends
With many COVID-19 mortgage forbearance programs winding down, the CFPB and the Department of Justice today sent letters to mortgage ...
