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The government-sponsored enterprises had been considering tightening counterparty requirements for nonbanks, but in light of COVID-19's spread, they've reconsidered that.

John Hayashi is a managing director at BPM, a California-based accounting and advisory firm ranking among the 50 largest in the country, where he helps lead the firm’s state and local taxes (SALT) practice. With nearly 30 years of public accounting and private industry experience in SALT, he helps his clients respond to SALT issues, particularly sales tax and use tax related to the Supreme Court's 2018 decision in South Dakota v. Wayfair, Inc. A leader in BPM's SALT group, he listens to client needs to plan and implement strategies that minimize identified
liabilities.

The Mortgage Bankers Association points to better lender diversity and a stronger housing finance network as reasons for its support.

With just 13 decisions remaining on the docket this session, the high court's highly anticipated ruling in a case challenging the agency's leadership structure could come as early as next Monday.

Samantha Scott is a CPA and supervisor on BPM’s Business Enterprise Services Team.

Rich Gunn leads BPM’s Value Acceleration Service Team, which helps with succession, transition and exit planning for business owners. Rich is a Certified Exit Planning Advisor, Certified Public Accountant and a member of the Exit Planning Institute.

Mortgage rates were flat this week and remain near all-time lows, according to Freddie Mac. But significant numbers of borrowers remain unable to take advantage of them.

Central Ohio home sales fell 21% in May compared with the previous year, but climbed a bit from a horrific April, as the real estate industry continues to wrestle through coronavirus.