During the most recent housing crisis, 6.5 percent of homes built prior to 2000 and 10.3 percent of homes built in the 1990s, shifted from owner-occupied to rentals, a study from the Research Institut...
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Producer sentiment about the agricultural economy jumped to an all-time high in January, the latest Purdue/CME Group Ag Economy Barometer said. The reading skyrocketed to 153 in January, up from 13...
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A bipartisan group of lawmakers introduced a bill that will simplify the process of filing tax returns for small business owners who work from their homes by creating a standard $1,500 home office ded...
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Senate Democrats sent a letter to President Trump last week, asking him to expand the Pell Grant program beginning in FY 2017 to make college more affordable for American families. “As the new c...
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Rep. Maxine Waters (D-CA), ranking member of the House Committee on Financial Services, urged committee chairman, Jeb Hensarling (R-TX) to amend the consolidation of decision-making authorities as wel...
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A motion filed by 17 state attorneys general, lawmakers and others to intervene in a case involving the constitutionality of the structure of the Consumer Financial Protection Bureau (CFPB) was denied...
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Albert Forkner, commissioner of the Wyoming Division of Banking, was named chairman-elect of the Conference of State Bank Supervisors (CSBS) board of directors. Forkner replaces former Ohio Superin...
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The Office of the Comptroller of the Currency (OCC) released last week the 2017 economic and financial market scenarios that will be employed as stress tests for institutions with more than $10 billio...
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The acting chairman of the National Credit Union Administration, Mark McWatters, named his former senior policy advisor, Sarah Vega, as his new chief of staff. Vega had served as McWatters’ seni...
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Through a partnership with payment processing company Sage Payment Solutions, Mastercard announced that its digital payment service, Masterpass, will be accepted at more than 10,000 small- and medium-...
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Kirsten Mork has been promoted to staff director for the U.S. House of Representatives Financial Services Committee, replacing Shannon McGahn. “Since I became Chairman in 2013, Kirsten has done a...
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Northern Trust hired Clint Zweifel, former state legislator and Missouri state treasurer, as chief operating officer of its Wealth Management office in St. Louis. "It's a special honor to join the M...
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The American Council of Life Insurers (ACLI) honored U.S. Reps. Pat Tiberi (R-OH) and Richard Neal (D-MA) with its 2016 Financial Security & Life Insurance Champion Award. Tiberi and Neal co-chair ...
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The Community Bankers Association of Oklahoma (CBAO) endorsed ICBA Securities Inc., the broker-dealer subsidiary of the Independent Community Bankers of America (ICBA), which provides fixed-income inv...
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The American Bankers Association’s latest Credit Card Market Monitor showed that credit card purchase volumes rose between 6 and 9 percent across risk tiers in the third quarter of 2016 as the econo...
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The Conference of State Bank Supervisors (CSBS) and state regulators have developed a self-assessment tool to help banks and financial institutions identify, monitor and communicate Bank Secrecy Act/A...
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The Mortgage Bankers Association (MBA) is calling for secondary mortgage market reform with the goal of replacing the conservatorship of Fannie Mae and Freddie Mac (GSEs) with a new foundation for the...
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The U.S. Chamber of Commerce (USCOC) launched its #LetsGrow Tour with an event in Chicago last week, where USOC President and CEO Thomas Donahue outlined a pro-growth agenda, urging lawmakers to prior...
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Sen. Mark R. Warner (D-VA), a member of the Senate Finance Committee, expressed his opposition this week to confirming nominee Steven Mnuchin as Secretary of the Treasury. “Based on Mr. Mnuchi...
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Dan Houlihan, head of Global Fund Services at Northern Trust, was named chairman of the National Investment Company Service Association (NICSA) board of directors. Previously, Houlihan was vice ch...
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