Illinois continues to move forward in regulating “shared appreciation agreements.” On August 15, 2025, the Illinois Department of Financial and Professional Regulation proposed regulations implementing the Residential...more
8/26/2025
/ Disclosure Requirements ,
Illinois ,
Licensing Rules ,
Mortgage Lenders ,
Mortgages ,
New Regulations ,
Property Valuation ,
Proposed Rules ,
Real Estate Financing ,
Real Estate Transactions ,
Regulatory Requirements
The Taxpayer First Act (the “Act” or “TFA”) imposes new limits on the disclosure of US taxpayer tax information obtained on or after December 28, 2019. The Act is designed, among other things, to overhaul and modernize...more
2/12/2020
/ Borrowers ,
Disclosure Requirements ,
Internal Revenue Code (IRC) ,
IRS ,
Loans ,
Mortgage Loan Originators ,
Mortgages ,
Personal Information ,
Secondary Markets ,
Structured Finance ,
Tax Planning ,
Tax Reform ,
Tax Returns ,
Taxpayer First Act of 2019 (TFA) ,
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