A group of Democratic lawmakers recently introduced legislation that restricts large corporate investor tax breaks resulting in home purchases increasing local housing prices and rents. U.S. Sens....
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The Securities and Exchange Commission (SEC) has outlined charges against entities for allegedly failing to file hundreds of Suspicious Activity Reports (SARs) from 2009 to late 2019. The SEC noted...
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Findings from Northwestern Mutual's 2023 Planning & Progress Study maintain the average American's personal debt exclusive of mortgages is $21,800, or $8,000 less than reported in 2019. "At a time ...
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The Consumer Financial Protection Bureau (CFPB) has detailed an action order against Bank of America for a series of alleged infractions. The CFPB alleges Bank of America systematically double-dipp...
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The Federal Housing Finance Agency (FHFA) is seeking input regarding a proposed rule amending the Suspended Counterparty Program (SCP) regulation. “Amending the Suspended Counterparty Program wil...
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Officials with the U.S. Department of the Treasury are espousing the benefits of its Homeowner Assistance Fund (HAF), which has aided more underserved communities than prior federal mortgage assistanc...
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A Conference of State Bank Supervisors (CSBS) analysis maintains community bankers' outlook regarding economic conditions has reached lowest recorded level since the survey began in 2019. According...
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An Insured Retirement Institute (IRI) research brief maintains millions of Generation X (Gen X) workers will approach retirement uneasy about Social Security and with worries about insufficient retire...
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National Credit Union Administration (NCUA) officials are espousing the benefits of minority depository institution (MDI) credit unions, maintaining they represent an essential credit union system com...
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The Commodity Futures Trading Commission (CFTC) has outlined a federal consent order regarding an alleged precious metals misappropriation and fraud scheme. According to the CFTC, U.S. District Cou...
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The U.S. Department of the Treasury’s Office of Economic Policy has released findings from an analysis examining the construction manufacturing spending uptick in the wake of the Invest in America A...
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Two Maryland cannabis product providers are celebrating the start of legal, adult use sales in the state, expressing gratitude for the opportunity to serve consumers. International provider of cons...
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The Mortgage Bankers Association's (MBA) Purchase Applications Payment Index (PAPI) maintains the May median payment applied for by home purchase applicants rose to $2,165 from $2,112 in April. “...
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The Commodity Futures Trading Commission has detailed an order resolving the agency's enforcement case against an Alliance, Ohio, man in connection with an alleged fraudulent digital asset trading sch...
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The League of Southeastern Credit Unions and Affiliates is encouraging Sens. Marco Rubio (R-FL) and Rick Scott (R-FL) to join the organization in opposing the Credit Card Competition Act (CCCA). Ac...
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The Merchants Payments Coalition (MPC) maintains bank and card networks swipe fees to process credit card transactions could increase consumers’ cost of celebrating the Fourth of July by $500 millio...
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The Public Company Accounting Oversight Board (PCAOB) has detailed a settled disciplinary order sanctioning a pair of individuals for alleged violations of PCAOB rules and standards of a China-based i...
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The Credit Union National Association (CUNA) has offered revisions regarding the Federal Housing Finance Agency’s approach to fair lending oversight and unfair or deceptive acts or practices (UDAP) ...
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U.S. Sens. Ron Wyden (D-OR) and Susan Collins (R-ME) have joined 43 colleagues to reintroduce a bill they maintain would establish marriage equality within the tax code. The Equal Dignity for Marr...
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Whitney Economics, a cannabis economics data, consulting and research firm, recently reported that 24.4 percent of domestic cannabis businesses are profitable. "By conducting this survey, Whitney E...
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