To continue to help students and their families pay for the cost of education, the Independent Community Bankers of America (ICBA) has extended its relationship with iHELP as a preferred service provi...
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The U.S. Department of the Treasury is recommending ways to improve the Financial Stability Oversight Council’s (FSOC) process for designating nonbank financial companies, such as asset managers, as...
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According to a report released by U.S. Sen. Bill Nelson (D-FL) Friday, consumer credit reports are riddled with tens of millions of errors annually. Consumers disputed more than 224 million mistake...
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The Department of Housing and Urban Development (HUD) is granting $5.024 billion to help Texas recover from Hurricane Harvey. Officials said the funds would be provided via HUD’s Community Deve...
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Fannie Mae and Freddie Mac will be allowed limited re-entry into the Low-Income Housing Tax Credit (LIHTC) market as equity investors, the Federal Housing Finance Agency (FHFA) announced. The chang...
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The Federal Housing Administration’s (FHA) capital reserve fund decreased in fiscal year 2017, prompting calls for reform from some lawmakers. The FHA’s capital reserve fund is supposed to be at ...
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The Consumer Financial Protection Bureau (CFPB) recently filed suit against loan servicing company Think Finance for deceiving consumers into repaying loans that the individuals did not legally owe. ...
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A Federal Housing Finance Agency (FHFA) report released on Thursday determined housing refinancing efforts are on the rise. The report revealed more than 362,934 refinancing transactions were comp...
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Legislation that will help low and middle-income families attain a qualified mortgage was passed by the House Financial Services Committee this week, 46-13. The Mortgage Choice Act, sponsored by R...
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The Securities and Exchange Commission’s (SEC) Enforcement Division outlined its priorities for the coming year and highlighted its enforcement actions in FY 2017 in a new report. The authors of...
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A new tax plan introduced by Sen. Orrin Hatch (R-UT), chairman of the Senate Finance Committee, includes a proposal by Sen. Deb Fischer’s (R-NE) for paid family leave, known as the Strong Families A...
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The Electronic Payments Coalition (EPC) recently announced that it favors multiple dynamic fraud technologies as a means of combating payment card fraud. EPC officials said the determination comes ...
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Recently released Mortgage Bankers Association (MBA) Builder Application Survey (BAS) numbers for October revealed mortgage applications for new home purchases increased 16.1 percent compared to Octob...
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The South Carolina Department of Employment and Workforce (DEW) is cutting the Unemployment Insurance (UI) tax rate on South Carolina businesses for the fifth straight year in 2018. The tax rate wi...
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A bill requiring securities regulators to safeguard a data system called the Consolidated Audit Trail (CAT), used to track market trading activity, was passed in the House on Monday. The Consolida...
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The House voted on Tuesday to reauthorize and reform the taxpayer-backed National Flood Insurance Program (NFIP) to strengthen its financial position. The House voted 237-189 in favor of the 21st C...
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The director of the Consumer Financial Protection Bureau, Richard Cordray, is leaving his post at the end of the month. Cordray confirmed this in a letter to staff this week. “I wanted to sha...
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To increase awareness of the value of the nation's 29 million small businesses, the Senate has approved a resolution to make Nov. 25 "Small Business Saturday." Sens. Jim Risch (R-ID) and Jeanne Sha...
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The National Association of Insurance Commissioners' (NAIC) Life Insurance Policy Locator tool has been a huge success in its first year of availability, helping thousands of consumers find misplaced ...
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U.S. Sen. John Hoeven (R-ND) said on Monday he will work with Stephen Vaden, the nominee to serve as general counsel for the U.S. Department of Agriculture (USDA), to come up with a regulatory relief ...
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