January 29

End of IRC 1031 tax deferred exchanges?

Anyone with an electronic device has heard of the pressures from left and right to “reform” the tax code, due to its complexity, unfairness, or just plan bulk. One closely watched plan proposed by Senate Finance Committee chair Max Baucus, is found in the third of “staff discussion drafts” advanced for contemplation of means to.

January 14

CFPB gives mortgage borrowers new tools

The new Consumer Finance Protection Bureau has begun to move to implement programs to make mortgage borrowers more aware of their rights and the obligations of mortgage lenders and servicers. In a press release issued on January 7, 2014, which is linked below, it took the first step in an education campaign to let consumers.