Arizona now joins the list of states utilizing State Based Systems (SBS), an electronic filing tool created to increase efficiency in the regulatory functions of members that belong to the National As...
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For Americans looking to buy a house, there is not a lot of inventory out there. “For-sale housing inventory, especially for starter homes, is currently at its lowest level in over 10 years,” S...
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The new Money Services Businesses (MSB) Call Report tool has been released within the Nationwide Multi-state Licensing System (NMLS) to streamline MSB reporting, improve industry compliance, and creat...
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The Automated Clearinghouse (ACH) Network—considered the center of commerce in the United States—facilitated 25.6 billion transactions in 2016 amounting to $43.7 trillion transferred over the netw...
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) and Ranking Member Maxine Waters (D-CA) are at odds over the presidential nomination of the next leader for the Export-Import (Ex-Im) ...
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It’s only been a day since U.S. Rep. Jeb Hensarling (R-TX), chairman of the House Financial Services Committee, formally renewed his efforts to repeal debit swipe fee reform, but industries on both ...
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The Securities Industry and Financial Markets Association (SIFMA) wants more time to comprehensively and effectively address President Donald Trump’s Feb. 3 memorandum, which directed the U.S. Depar...
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There are 30 million Baby Boomers at risk of not having enough retirement income, which experts say is leading toward a retirement crisis in the United States. The gloomy picture includes the chal...
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The best way to grow the nation’s economy is to reset federal banking regulations, according to the Regional Bank Coalition (RBC), which includes CEOs from companies such as SunTrust, Discover, Citi...
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The Consumer Financial Protection Bureau (CFPB) is expanding the scope of what it focuses on as the nation’s first federal agency with a mission focused solely on consumer financial protection. E...
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U.S. Sen. Jeanne Shaheen (D-N.H.) wants to know what Amazon is doing to protect the millions of retailers selling wares on the ecommerce giant’s site against cyber threats and hackers. In an Apri...
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The National Flood Insurance Program (NFIP) reports that nearly $2.4 billion in insurance payments have been made to the survivors of the 2016 Louisiana flood disaster, and 98 percent of the 29,500 fi...
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The Financial Services Roundtable (FSR) has let Senate lawmakers know what federal policies are needed to spur economic growth. In a letter submitted April 14 answering a request from the Senate Ba...
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The American Council of Life Insurers (ACLI) is urging Congress to repeal the Financial Stability Oversight Council’s (FSOC) authority to designate insurers as systemically important financial insti...
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The Consumer Financial Protection Bureau (CFPB) proposed changes last week to facilitate compliance with the 2015 updates to the Home Mortgage Disclosure Act (HMDA) rule. The 2015 updates to the HM...
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Mortgage applications for new home purchases increased 23 percent in March and increased 6.7 percent compared to March 2016, according to the Mortgage Bankers Association (MBA) Builder Application Sur...
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The U.S. Office of the Comptroller of the Currency’s (OCC) Office of Innovation will host national banks, federal savings associations (FSAs), and financial technology companies wishing to discuss t...
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The California Bankers Association (CBA) named Simone Lagomarsino to serve as the new president and CEO of the association, succeeding Rod Brown, who is retiring after 10 years in that role. Previo...
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The Retail Industry Leaders Association (RILA) told Congressional leaders it is opposed to any financial reform package that repeals the Durbin Amendment, which deals with swipe fee reform. House F...
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The Independent Community Bankers of America (ICBA) said the Office of the Comptroller of the Currency (OCC) should scrap its proposal to grant special-purpose bank charters to financial technology (f...
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