NMLS has extended by 60 days the requirement for completing fingerprinting. Licensees will now have 240 days to complete the requirement, instead of the...
The Small Business Administration, in consultation with the Department of the Treasury, issued responses to frequently asked questions about the Paycheck Protection Program on...
The NCUA published an interim final rule that defines Paycheck Protection Program (PPP) loans as low-risk assets, creates exceptions for certain PPP loans under...
Fannie Mae recently announced that it is temporarily suspending employment validation through the Desktop Underwriter (DU) validation service due to the challenges caused by...
The District of Columbia Department of Insurance, Securities and Banking recently issued FAQs on the implementation of the COVID-19 Response Supplemental Emergency Amendment Act...
The CFPB recently published an interpretive rule concerning “bona fide personal financial emergencies” and changed circumstances under TRID, in the context of the COVID-19...
The National Credit Union Administration (NCUA) recently issued an interim final rule in response to COVID-19 with an effective date of April 21, 2020....
The New Jersey Commissioner of the Department of Banking and Insurance recently issued Bulletin No. 20-18, extending the submission deadline for the state’s mortgage...
The Federal Reserve Board (Board) recently announced that the Municipal Liquidity Facility (MLF) will purchase up to an additional $500 billion in short-term notes...
Massachusetts recently enacted a bill, House Bill 4647 (the Act), which, among other things, provides a temporary moratorium on foreclosures and evictions. The Act,...
The NCUA recently issued a temporary final rule, easing certain regulatory requirements to assist federally-insured credit unions (FICUs) and federal credit unions (FCUs) during...
