According to a new report from the Mortgage Bankers Association, delinquency rates for commercial and multifamily properties increased slightly during the third quarter of 2024. The MBA’s latest...
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The U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued final rules for the Advanced Manufacturing Investment Credit (CHIPS ITC) created through the CHIPS and Science Act. ...
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The Small Business Investment Company Critical Technology (SBICCT) Initiative recently approved the first group of Small Business Investment Company Licensees and Green Light Approved investment funds...
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The American Institute of CPAs (AICPA) made recommendations for the U.S. Department of the Treasury and the Internal Revenue Service (IRS) on cannabis businesses in advance of marijuana being reclassi...
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The Consumer Financial Protection Bureau (CFPB) recently finalized a rule giving consumers greater rights, privacy, and security over personal financial data. Under the new rule, financial institut...
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The U.S. Securities and Exchange Commission (SEC) released its 2025 examination priorities for the Division of Examinations. The division publishes its examination priorities annually to inform in...
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On Monday, the U.S. Department of Justice announced it had filed suit against Rocket Mortgage and a number of appraisers for racial discrimination in mortgage refinancing applications. According t...
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The U.S. Office of the Comptroller of the Currency (OCC) finalized the revisions to its recovery planning guidelines for large national banks and federal savings associations. The finalized revisi...
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U.S. Sens. Marsha Blackburn (R-TN) and Michael Bennet (D-CO) introduced legislation that seeks to strengthen the employer-provided childcare credit. The Bipartisan Policy Center found that 31.7 per...
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The First National Bank of Lindsay in Lindsay, Okla., was shut down this week by the Office of the Comptroller of the Currency (OCC). Alleged fraud caused the failure of the bank, according to the ...
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On Friday, U.S. Sen. Bob Casey (D-PA) asked the Federal Trade Commission to stop the closure of Charleroi, Pa.-based Pyrex and to investigate the private equity firm Centre Lane Partners’ for illega...
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Senate Finance Committee Chair Ron Wyden (D-OR) recently sent a letter to UnitedHealth Group (UHG) CEO Andrew Witty, seeking more information a cyberattack earlier this year on the American health car...
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The Consumer Financial Protection Bureau (CFPB) recently filed a lawsuit against Climb Credit, a student lender, 1/0 Capital, its largest shareholder, and 1/0 Holdco, its controlling investor, for mis...
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The U.S. Department of Labor should coordinate with state unclaimed property programs to help connect Americans with their unclaimed retirement savings, according to a bipartisan contingent of 39 cong...
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The Federal Deposit Insurance Corporation (FDIC) released its latest update on the Restoration Plan for the agency’s Deposit Insurance Fund (DIF). In the semiannual update, the FDIC projects that t...
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The Managed Funds Association (MFA) released a white paper recently that examines the various sources of private credit direct lending data that is available to federal and state regulators. The pape...
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Approximately 400 small business owners, transportation stakeholders, and academic leaders gathered at U.S. Department of Transportation (USDOT) headquarters on Sept. 10 for a one-day event providing ...
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The U.S. Department of Treasury has sanctioned Samidoun Palestinian Prisoner Solidarity Network as a sham charity that serves as an international fundraiser for the Popular Front for the Liberation of...
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The Securities and Exchange Commission on Wednesday charged Virginia-based RTX Corporation with violating the Foreign Corrupt Practices Act (FCPA) in connection with payments the company made to obtai...
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U.S. Rep. French Hill (R-AR) introduced legislation in the House this week that is designed to federal housing policy, improve access to affordable housing. The Renewing Opportunity in the America...
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