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Latest News

  • CFPB Shares Info on Homeowners Assistance Fund

    Feb 17, 2022
    The CFPB has posted a blog article about the Homeowners Assistance Fund, which was established by the American Rescue Plan Act to help homeowners financially impacted by COVID-19 with housing-related costs.
  • PPP partial forgiveness decision reviews allowed

    Feb 10, 2022
    The SBA has issued Procedural Notice 5000-827666 to announce a new process to allow Paycheck Protection Program borrowers to request an SBA loan review of partial approval forgiveness decisions issued by their PPP lenders.
  • Compliance Update on the Employee Retention Credit

    Feb 3, 2022
    Cornerstone League’s Information Central has received recent inquiries regarding the Employee Retention Credit (ERC) and whether credit unions are able to obtain this credit. We thought it would be helpful to clarify some recent changes regarding this issue.

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