In August 2019, Richey May hosted a webinar reviewing the FASB’s new lease accounting guidance under ASC 842 relevant to the mortgage industry. Topics included: the key …read more

August 2019 Richey May Select, the next generation in peer-to-peer benchmarking for independent lenders, has published our Q2 2019 Snapshot Report. This report highlights a …read more

August 2019 We are excited to announce that Richey May is a recipient of the INSIDE Public Accounting Excellence in Firm Culture award! Participants were surveyed this …read more

July 2019 The state of California appears to be stepping up enforcement of regulatory requirements, as we’ve been hearing from lenders who have been assessed …read more

July 2019 For Independent Mortgage Bankers operating on a calendar year, January 1, 2019 marked the effective date for the application of the FASB’s Accounting …read more

June 2019 When Opportunity Zones were created under the 2017 Tax Cuts and Jobs Act, the IRS provided tax benefits in order to spur investment …read more

May 2019 On Friday, news broke on Krebs on Security that First American Financial Corp, a title insurance company headquartered in California with $5.8B in …read more

May 2019 With the onset of spring, mortgage company leadership teams are focused on capturing as much of the seasonal swell in purchase business as …read more

May 2019 As of June 15, 2019, large accelerated filers must begin complying with the new inline XBRL regulations. To summarize, Inline XBRL is a …read more

May 2019 By: Sean Sawey – Alternative Investments Tax Lead After a very long wait, the Internal Revenue Service issued a highly anticipated update of …read more