News & Analysis as of

Retirement Plan Mortgages

McDermott Will & Emery

Weekly IRS Roundup November 7 – November 11, 2022

McDermott Will & Emery on

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of November 7, 2022 – November 11, 2022....more

Pullman & Comley - Labor, Employment and...

Mortgage or other Third Party Loan Investments in Your Plan?  Do they Pass Muster under IRS Issue Snapshot?

The IRS Issue Snapshot-Third Party Loans from Plans dated August 23, 2022 is a short advice document for examiners to use when auditing tax-qualified retirement plans that invest in mortgages or other third party loans. IRS...more

Goodwin

Financial Services Weekly Roundup: The CFPB Digs Into “Seasoned” Qualified Mortgages

Goodwin on

In the News. The Consumer Financial Protection Bureau (CFPB) issued a notice of proposed rulemaking to create a new category of “seasoned” qualified mortgages; the Securities and Exchange Commission’s (SEC) Office of...more

White and Williams LLP

You Have Questions…SBA Releases PPP Loan Forgiveness FAQs

White and Williams LLP on

The U.S. Small Business Administration (SBA), in consultation with the U.S. Department of the Treasury (Treasury), recently released a series of Frequently Asked Questions (the Forgiveness FAQs) focusing on forgiveness of...more

Foley & Lardner LLP

Top 10 Insights from the SBA’s PPP Loan Forgiveness Application

Foley & Lardner LLP on

On May 15, 2020, the SBA issued its Paycheck Protection Program (PPP) Loan Forgiveness Application. 1. Permits Use of Alternative Payroll Covered Period - While the term of the “Covered Period” for loan forgiveness...more

Bradley Arant Boult Cummings LLP

Congress Passes $2 Trillion Coronavirus Stimulus Bill

The third stimulus effort responding to the COVID-19 pandemic – the CARES Act – has been signed by President Trump and is now law. The $2 trillion stimulus legislation provides much-needed emergency aid to businesses and...more

Robins Kaplan LLP

Financial Daily Dose 2.20.2020 | Top Story: Fed Minutes Show Central Bank Happy With Economy, Worried About Coronavirus

Robins Kaplan LLP on

Newly released minutes from the Fed’s January meeting show central bankers preoccupied with global risks, including the still-growing economic impact of the coronavirus, while still taking a wait-and-see approach to any...more

Downs Rachlin Martin PLLC

2017 Vermont Legislative Session | The Year in Review - DRM's Government & Public Affairs Team Final Analysis

A May 18th adjournment brought to a close the first half of the 74th biennial session of the Vermont General Assembly. Drama awaits as Gov. Phil Scott has threatened to veto H.518, the fiscal year 2018 budget, over an...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

So, it turns out that all of the Brexit-style market freefalling was reserved for overnight trading. US markets actually closed up yesterday after modest opening losses....more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

Merrill Lynch has already staked out the position in response to the DOL’s retirement account fiduciary duty rule that it would no longer offer commission-based IRAs to retirement savers. Yesterday, it effectively doubled...more

Winstead PC

Texas Supreme Court Holds that Individual Beneficiary Had Standing to Bring a Legal Malpractice Claim Involving a Loan From an...

Winstead PC on

On May 27, 2016, the Texas Supreme Court held that an individual beneficiary of a self-directed retirement account managed by a corporate trustee had standing to bring legal malpractice claims against a law firm based on...more

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