CrossState Credit Union Association recently submitted a comment letter to the National Credit Union Administration (NCUA) regarding communications and information that come from the Administration. The questions submitted were in regard…
A group of Senate Republican lawmakers announced a package of bills designed to support small businesses that have been affected by Governor Wolf’s response to the…
The Small Business Administration (SBA) has released updated FAQs for its paycheck protection program (PPP), as well as new documents on calculating first– and second-draw PPP loan amounts. The agency also…
The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will extend temporary loan origination flexibilities until April 30, 2021….
The Consumer Financial Protection Bureau (CFPB) announced it is rescinding its January 24, 2020 policy statement, “Statement of Policy Regarding Prohibition on Abusive Acts or Practices.”…
Rep. Sheryl Delozier (R-Cumberland) introduced legislation that would protect the PA Department of Banking and Securities Banking Fund. Representative Delozier sponsored Banking Fund legislation last session…
On March 3, 2021, the Small Business Administration (SBA) issued a new Paycheck Protection Program (PPP) interim final rule to allow individuals who file an IRS Form…
New Jersey Governor Phil Murphy signed the New Jersey Foreclosure Prevention Act (A5130) which creates the ‘New Jersey Residential Foreclosure Prevention Program. This program empowers…
The Consumer Financial Protection Bureau (CFPB) issued an interpretive rule to clarify that, with respect to any aspect of a credit transaction, the prohibition against sex discrimination…
The Federal Reserve Board is adopting as a final rule, without change, to its March 24, 2020 interim final rule that amended Regulation D (Reserve…
