CFPB Will Pull Back, Act With ‘Humility,’ Internal Memo Says The Consumer Financial Protection Bureau will pull back its enforcement actions and act with “humility and moderation” according to an internal memo. The memo, obtained by Reuters on Monday, said that the CFPB will seek to promote a free market for financial services. “If there […]
Kiplinger Reports Just Released Their 2018 Category Listing Containing the 300 best schools, considering quality and affordability. Winner in the private schools for the fourth time in a row is Princeton. Liberal arts college-Davidson. Public-University of North Carolina at Chapel Hill for the 17TH TIME IN A ROW. The report considers quality first. They examine […]
This Is The Site Of The California Attorney General His name is Xavier Becerra. He was appointed by Jerry Brown to replace Kamala Harris when she was elected to the US Senate. When appointed, he was a 25 year member of the US House of Representatives representing a District from Downtown Los Angeles. His background […]
2018 New California Laws You can’t smoke or consume marijuana in any way, while driving or RIDING in a car on California Highways. State officials will do more to crack down on misusing disabled driver placards. Next, single drivers in diamond lanes (if I were a king). Minimum pay will be $11.00 an hour for […]
Requirements to Become a Mortgage Loan Originator #1- Complete a 20-Hour Course Approved by NMLS #2- Pass a 125 question exam with a grade of at least 75% Is this easy? – No What is the Best Way to Be Really Prepared? #1- In our opinion, you have to take the 20-Hour Course. You […]
Prior To The New Law My Simple Understanding Of Tax Law Was: Business Lunches With First Tuesday: 50% Deductible Lunches For My Outstanding Staff For My Convenience: 100% Deductible New Regulations Effective January 1, 2018 And For My Tax Return Of March 15, 2019: Business Lunches: Same Lunches for my staff: 50% and not deductible […]
This Alert Was Sent To Me By Theresa Ballard The legendary compliance management consultant, and I thank her everyday for her assistance in our presentation of MLO courses. When I met Theresa, I could not even spell MLO. An En Banc Panel Of D.C. Circuit Judges On Wednesday Overturned A Ruling This would have allowed […]
When We Last Discussed The Consumer Financial Protection Bureau There was a conflict concerning who would be the Interim Director after Richard Cordray resigned. It is now Mick Mulvaney who also is the White House Budget Director. Couple of big announcements in the last couple weeks indicate the direction that the Bureau will be heading […]
In A Previous Article I Mentioned That IRS Was Hiring Collection Agencies To Help Them Collect Delinquent Tax Payers. It did not go well. In A Report From The Agency’s Taxpayer Advocacy Service, They Spent $20M In 2016 And 2017 To Collect, Wait For It: $6.7M And There Is A Question About $1M Of That […]
Form RE 215 Is To Be Filed By January 1, 2018 (Oops, That Is Passed) This form needs to be signed by all Responsible Brokers noting all Broker Associates working for them. Good idea as before this form the only licensees listed on a company’s page were salespersons. Broker Associates were mystery licensees. The form […]
