The Independent Community Bankers of America (ICBA) sent a petition to the leaders of the Senate Banking Committee urging them to take action on its Plan for Prosperity regulatory relief platform. ...
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The House Subcommittee on Housing and Insurance held a hearing this week to examine the effectiveness of a program that enables Housing and Urban Development-assisted families to reduce their dependen...
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Sales of new homes dropped 3.4 percent in August and the amount of new home supply is the highest since 2009, according to the National Association of Federally Insured Credit Union’s (NAFCU) analys...
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The Public Company Accounting Oversight Board (PCAOB) is seeking public comment on a proposal that would strengthen existing requirements for a lead auditor's use of other auditors. In many audits...
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Rep. Ann Wagner (R-MO) recently introduced a bill designed to provide investors access to affordable investment products and financial advice. Wagner said the Protecting Advice for Small Savers (PA...
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Results of the recently released Consumer Financial Protection Bureau (CFPB) survey on the financial well-being of American consumers revealed more than 40 percent struggle to make ends meet. CFPB...
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An Insured Retirement Institute (IRI) report reveals more than half of Millennials are making contributions to 401(k) accounts and four in ten are contributing to personal savings with an eye toward r...
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Delinquency rates for commercial and multifamily mortgage loans were relatively unchanged in the second quarter of 2017, according to the Mortgage Bankers Association's Commercial/Multifamily Delinque...
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Two U.S. Bank executives -- Leslie Godridge, co-head of wholesale banking, and Kate Quinn, chief administrative officer -- have been named among the “Most Powerful Women in Banking” for 2017 by Am...
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Morgan Stanley Smith Barney LLC was fined $3.5 million by the Financial Industry Regulatory Authority (FINRA) for failing to supervise its representatives’ short-term trades of unit investment trust...
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The Securities and Exchange Commission (SEC) has created a new Cyber Unit to focus on targeting cyber-related misconduct and launched a retail strategy task force to implement initiatives that directl...
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An analysis of registered investment advisors by the North American Securities Administrators Association (NASAA) found 698 deficiencies relating to cybersecurity. Among the deficiencies state exam...
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Financial Services Institute (FSI) officials said they have formed a partnership with Truelytics to ensure member access to advanced, timely and cost-effective valuation and business intelligence soft...
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The U.S. Treasury Secretary Steve Mnuchin and U.S. Trade Representative Robert E. Lighthizer signed last week the covered agreement between the United States and European Union (EU) on Prudential Meas...
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Rep. Kevin Brady (R-TX) introduced legislation this week to deliver temporary tax relief to the victims of Hurricanes Harvey, Irma, and Maria. “Hundreds of thousands of people throughout Texas, F...
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Kevin Fromer was recently named president and CEO of the Financial Services Forum, a financial and economic policy organization comprised of executives of financial services firms. “I am honored ...
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A survey conducted on behalf of the American Bankers Association (ABA) recently noted that generations have different banking tendencies. Officials said the survey was conducted by Morning Consult,...
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The Senate has passed a bill extending the term of the Financial Stability Oversight Council (FSOC) independent member with insurance expertise. Officials said the Financial Stability Oversight Cou...
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Housing prices in the United States ticked up slightly in July, according to the Federal Housing Finance Agency’s (FHFA) monthly House Price Index (HPI). House prices rose 0.2 percent in July c...
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U.S. Sens. Dean Heller (R-NV) and Heidi Heitkamp (D-ND) urged Securities and Exchange Commission Chairman (SEC) Jay Clayton to make appointments to its Office of the Advocate for Small Business Capita...
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