Credit union operators said the commitment to assist small businesses continues in the wake of the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) being signed by President J...
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The leaders of the Senate Finance Committee introduced a framework to overhaul rules for international taxation that were put in place by the Trump administration in the 2017 tax bill. Specifically...
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The Consumer Financial Protection Bureau (CFPB) has developed a proposal to prevent avoidable foreclosures as temporary forbearance measures put in place during the pandemic will expire in the fall. ...
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Recently released Bank of America study findings determined 46 percent of affluent Americans have been focusing on financial goals and methods of achieving them amid the COVID-19 pandemic. The Bank...
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Financial Crimes Enforcement Network (FinCEN) announced several leadership changes, including the appointment of a new acting director. The current director, Kenneth Blanco, will step down as dire...
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A new report from Freddie Mac Multifamily looks at how expanded unemployment benefits and federal stimulus payments have helped unemployed renters and their ability to pay rent. The report found th...
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The Public Company Accounting Oversight Board (PCAOB) said the recent approval of the formation of a new advisory group would expand the organization's stakeholder engagement. Additionally, the pan...
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The American Institute of CPAs (AICPA) and other tax industry groups are urging the Department of the Treasury and the Internal Revenue Service (IRS) to extend the quarterly estimated tax payments dea...
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The Consumer Financial Protection Bureau (CFPB) put out a warning for mortgage servicers to take the necessary steps now to avoid a wave of foreclosures this coming fall. The CFPB pointed out that...
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The Office of the Comptroller of the Currency (OCC) is touting National Financial Capability Month, which runs through April 30. The OCC is encouraging national banks and federal savings associatio...
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After being under Department of Housing and Urban Development (HUD) receivership since 2013, the Gary Housing Authority (GHA) is now transitioning back to local control. “The Gary Housing Author...
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Securities and Exchange Commission (SEC) officials said a whistleblower has been awarded more than $500,000 for providing information that helped the Commission and a partner agency file actions and a...
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The Consumer Financial Protection Bureau (CFPB) rescinded seven policy statements issued last year that provided temporary flexibilities to financial institutions during the pandemic. The rescinde...
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The Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey determined mortgage applications for the week ending March 26, 2021, decreased 2.2 percent from one week earlier. "After...
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The American Property Casualty Insurance Association (APCIA) maintains a pair of Florida proposals eliminating the state's existing no-fault auto insurance system could increase costs for some drivers...
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A group of Senate Democrats led by Senate Finance Committee Chair Ron Wyden (D-OR) recently announced plans to introduce a bill to support childcare providers. The new childcare bill will provide n...
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U.S. Reps. Dutch Ruppersberger (D-MD) and Steve Stivers (R-OH) introduced legislation that allows governments to refinance outstanding bonds for projects such as new roads, schools, hospitals, and fir...
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Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge recently offered a statement regarding the agency's Federal Housing Administration (FHA) Single-Family Mutual Mortgage Insur...
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