Federal Housing Finance Agency (FHFA) officials said the agency has initiated a pair of measures designed to bolster nationwide mortgage borrower housing sustainability and affordability nationwide. ...
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Credit Suisse Group AG has agreed to pay nearly $475 million to U.S. and UK authorities, including $100 million to the U.S. Securities and Exchange Commission (SEC), to resolve charges in connection w...
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A group of lawmakers expressed support of a measure countering potential new Internal Revenue Service (IRS) reporting requirements for banks or other financial institutions as part of a surveillance i...
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The Independent Community Bankers of America (ICBA) issued a statement opposed to a recent proposal by the Internal Revenue Service that would alter tax reporting requirements. “While policymake...
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The U.S. Treasury put out a fact sheet this week that seeks to provide clarity on its proposed tax compliance reform initiative and its financial reporting requirements. In it, the Treasury seeks t...
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Securities and Exchange Commission (SEC) personnel said a recently released report stems from examining efforts to make equity markets fair, orderly, and efficient. The Staff Report on Equity and O...
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At the Mortgage Bankers Association (MBA) Annual Convention & Expo this week, Kristy Fercho, MBA chair and head of home lending at Wells Fargo, announced MBA's new initiative, the Home for All Pledge....
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U.S. Reps. Patrick McHenry (R-NC) and Blaine Luetkemeyer (R-MO) recently forwarded correspondence to U.S. Small Business Administration (SBA) Administrator Isabel Guzman regarding concerns about the a...
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U.S. Sens. Marco Rubio (R-FL) and Jon Ossoff (D-GA) introduced legislation in the Senate to establish a new home loan program for law enforcement officers, firefighters, medical first responders, and ...
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The U.S. Department of the Treasury has launched some new initiatives to help the virtual currency industry prevent exploitation by sanctioned persons and illicit actors. New industry-specific gui...
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More than 100 business associations are calling upon Congress to reject the new tax reporting requirements proposed by the Internal Revenue Service (IRS). The proposal would require financial servi...
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Amid the federal government initiating the largest boost to Social Security benefits since 1982, the Insured Retirement Institute (IRI) is encouraging additional sources of protected lifetime income i...
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A new report generated by Congressional Hispanic Caucus (CHC) and the congressional Joint Economic Committee (JEC) examines Hispanic American wealth disparities. The analysis probes circumstances t...
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A trio of U.S. House Republican leaders are asking U.S. Treasury Secretary Janet Yellen to clarify how the Treasury categorizes stablecoins, which are a type of digital currency, and the regulatory im...
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A pair of lawmakers have introduced a measure they said seeks to expand Small Business Investment Companies (SBIC) efforts to invest in rural small businesses. The Rural Capital Access Act, present...
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Securities and Exchange Commission (SEC) officials said the agency has reopened the comment period regarding proposed rules addressing listing standards for erroneously awarded compensation recovery. ...
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The Federal Housing Finance Agency (FHFA) set the 2022 multifamily loan purchase caps for Fannie Mae and Freddie Mac at $78 billion for each. The 2022 caps will be an increase from 2021 when it wa...
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The U.S. Treasury Department is studying the financial impact of climate change on households and communities, particularly low-income and historically disadvantaged communities. The topic was addr...
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Securities and Exchange Commission (SEC) officials have unanimously approved a process modernizing the manner in which filing fees are reported, calculated and paid. Operating companies and investm...
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The U.S. Department of Labor (DOL) issued a proposed rule on Oct. 13 that would remove barriers that would allow retirement plan sponsors and fiduciaries to consider climate change and other environme...
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