Joseph Yoon

Akerman LLP

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Latest Posts › CARES Act

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CFPB Issues Compliance Aid Regarding CARES Act Credit Reporting Provisions

On June 16, the Consumer Financial Protection Bureau (CFPB) issued a compliance guide clarifying the credit reporting protections provided by the Coronavirus Aid, Relief and Economic Security (CARES) Act....more

6/29/2020 / CARES Act , Consumer Financial Protection Bureau (CFPB) , Coronavirus/COVID-19 , Credit Reports , Fair Credit Reporting Act (FCRA) , Federal Loans , Paycheck Protection Program (PPP) , Regulatory Requirements , Relief Measures , SBA Lending Programs

CFPB and CSBS Provide Additional Guidance Regarding CARES Act Mortgage Forbearance

The Consumer Financial Protection Bureau and the Conference State Bank Supervisors issued joint guidance to mortgage servicers clarifying the forbearance provision of the Coronavirus Aid, Relief and Economic Security (CARES)...more

6/9/2020 / CARES Act , Consumer Financial Protection Bureau (CFPB) , Coronavirus/COVID-19 , Forbearance Agreements , Mortgage Lenders , Mortgages , Relief Measures

CFPB Excludes Pandemic Relief Payments from Regulation E's Compulsory Use Prohibition

On April 13, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule regarding the application of Regulation E and the Electronic Fund Transfer Act (EFTA)'s compulsory use prohibition to CARES Act and...more

4/16/2020 / CARES Act , Consumer Financial Protection Bureau (CFPB) , Coronavirus/COVID-19 , EFTA , Financial Stimulus , Regulation E , Relief Measures

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