Findings from the Risk Management Association (RMA) Annual Community Bank Survey showed community banks maintain cybersecurity and credit risks are among the top concerns. For the past 10 years, RM...
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The latest Mortgage Bankers Association (MBA) Commercial/Multifamily Real Estate Finance Forecast projects commercial and multifamily mortgage borrowing and lending will decline this year. Total co...
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CME Group, a leading derivatives marketplace, is launching three new Metaverse reference rates and real-time indices. The three new reference rates and indices will be calculated and published dail...
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About 17 percent of small business owners plan to add positions and create new jobs in the next three months, according to the National Federation of Independent Businesses (NFIB). These December n...
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The Securities and Exchange Commission (SEC) took legal action against several individuals and entities for their involvement in a fraudulent investment scheme named CoinDeal. According to the SEC'...
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The Consumer Financial Protection Bureau (CFPB) and the New York State Office of the Attorney General took legal action against auto lender Credit Acceptance Corporation. The two government entitie...
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The National Association of Federally-Insured Credit Unions (NAFCU) has detailed its 2023 advocacy priorities, noting growth; technology and innovation; and regulatory relief are among the prime are...
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According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Dec. 30, 2022, applications decreased by 13.2 percent from two weeks prior. “The en...
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The Consumer Financial Protection Bureau (CFPB) has released its annual report that focuses on improvements and deficiencies in the nationwide consumer reporting companies’ responses to consumer com...
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U.S. Sens. Elizabeth Warren (D-MA) and Edward Markey (D-MA), among others, reached out to Synchrony Bank and Wells Fargo regarding concerns about their medical credit cards and the potential financial...
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Federal bank regulatory agencies highlighted some of the key risks for banking organizations associated with crypto-assets and the crypto-asset sector. The statement, jointly released by the Board ...
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The Securities and Exchange Commission (SEC) has detailed fraud charges against the former CFO of African Gold Acquisition Corp., alleging special purpose acquisition company (SPAC) embezzlement. T...
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Former federal prosecutor Antonia M. Apps will become Regional Director of the Securities and Exchange Commission (SEC) New York Regional Office next month. Per the SEC, Apps previously served as ...
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Farmers National Banc Corp. completed the merger of Emclaire Financial Corp., the holding company for The Farmers National Bank of Emlenton. Through this move, Emlenton Bank was merged with and int...
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The Oregon Division of Financial Regulation (DFR) has issued a warning for cryptocurrency investors about the prevalence of scammers. DFR officials say that many crypto trading apps or websites ar...
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The first minority-owned cannabis company in Illinois has initiated a Cannabis Incubator Program, which seeks to aid community members applying for a social equity license. The 1937 Group, Ltd. Can...
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The U.S. Securities and Exchange Commission (SEC) recently approved the Public Company Accounting Oversight Board (PCAOB) 2023 budget and annual accounting support fee. “The PCAOB plays a critica...
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The U.S. Treasury Department and the Internal Revenue Service (IRS) issued guidance last week on certain clean vehicle provisions of the Inflation Reduction Act. The information is designed to pro...
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New York state officials are highlighting the first sale of legal, regulated adult-use cannabis in state history. "The first legal adult-use cannabis sales mark a historic milestone in New York's c...
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