Coronavirus News

On March 23, 2020, the Cybersecurity and Infrastructure Security Agency (CISA) issued guidance identifying the financial services sector as a critical infrastructure sector during...

CA Department of Business Oversight The California Department of Business Oversight (DBO) issued guidance to escrow agents, finance lenders and servicers, student loan servicers,...

On March 26, 2020, the CFPB—as part of its response to the COVID-19 pandemic—announced certain changes to promote flexibility and support the role financial...

Late in the evening on March 25, 2020, the U.S. Senate passed H.R. 748, known as the Coronavirus Aid, Relief, and Economic Security Act...

Effective March 23, 2020, Fannie Mae and Freddie Mac have announced temporary flexible appraisal requirements with respect to certain loans because of the COVID-19...

The Massachusetts Division of Banks sent a recent message to its licensees with advice regarding business continuity and the delivery of financial services due...

As part of their combined response to the COVID-19 crisis, the Federal Financial Institutions Examination Council issued guidance on March 25, 2020, noting that:...

As part of its response to the COVID-19 crisis, the NMLS Policy Committee announced on March 25, 2020, that it is implementing a 60-day...

As part of the state’s response to the COVID-19 crisis, Idaho ordered all citizens to stay at home on March 25, 2020.  The order...

On March 17, 2020, the Federal Reserve, FDIC, and OCC issued a Joint Release urging banking organizations to use capital and liquidity buffers in...

The Federal Reserve Board, FDIC, NCUA, OCC, CFPB, and the Conference of State Bank Supervisors issued a joint statement encouraging financial institutions to work...

On Friday March 27, 2020, at 2 p.m. EDT, the CFPB, FDIC, FRB, OCC, and NCUA will jointly host a webinar concerning the Interagency...