The Securities and Exchange Commission (SEC) has filed an action against an online crypto lending platform, its founder, its chief domestic promoter and his affiliated company. Per the SEC, the act...
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Department of the Treasury officials said the agency's Community Development Financial Institutions Fund (CDFI Fund) has earmarked $5 billion in New Markets Tax Credits (NMTC) to spur economic growth....
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The Department of the Treasury, via the Federal Insurance Office (FIO), is requesting information and soliciting public input regarding insurance sector and climate-related financial risks. The ef...
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Findings from a recently released Insured Retirement Institute (IRI) study determined workers beyond age 40 are in need of enhanced retirement savings habits and more realistic expectation levels. ...
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The Office of the Controller of the Currency (OCC) has taken enforcement action against an Atlanta, Georgia-based financial institution regarding Fair Housing Act violations. The OCC alleges that C...
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The Federal Deposit Insurance Corporation (FDIC) opened registration for its tech sprint, called FDITECH. The tech sprint initiative is designed to identify and develop measures, data and other cap...
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A trio of federal agencies have issued community banks guidance with regard to evaluating financial technology (fintech) relationships. The Federal Reserve System Board of Governors, the Federal De...
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The U.S. Treasury Department, the Department of Justice and the Department of Housing and Urban Development are encouraging state and local government leaders to take eviction prevention actions. T...
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Independent Community Bankers of America (ICBA) officials are encouraging federal lawmakers to examine the increasing number of credit union community bank purchases. “Congress granted credit uni...
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Securities and Exchange Commission (SEC) officials said Pennsylvania-based Healthcare Services Group (HCSG) has reached an agreement to pay $6 million to settle charges levied against the company. ...
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Comerica Bank has released its Corporate Responsibility Report while also unveiling an Environmental, Social and Governance (ESG) Platform highlighting commitments. "Comerica's ESG Platform illustr...
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The Mortgage Bankers Association's (MBA) National Delinquency Survey results maintain 2021 second quarter mortgage delinquencies declined. Per the analysis, the delinquency rate for mortgage loans ...
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A Greenlining Institute report maintains fintech (financial technology) lenders should be subjected to the same rules as banks in the wake of dominating the nation's home mortgage market. Per the a...
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U.S. Sen. Ron Wyden (D-OR) is espousing the benefits of the Decent, Affordable, Safe Housing for All (DASH) Act, designed to address homelessness and ensure affordable housing. The measure seeks to...
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ICE Mortgage Technology recently introduced an enhanced version of its Encompass platform to aid the efforts of mortgage lenders and correspondent investors. Encompass 21.2 supports the recently up...
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The U.S. Department of the Treasury released Monday Fossil Fuel Energy Guidance for Multilateral Development Banks (MDBs), advocating MDB investments prioritizing clean energy, innovation, and energy ...
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National Association of Insurance and Financial Advisors (NAIFA) officials said the organization has partnered with WebCE to craft an academic agreement beneficial to insurance and financial advisors....
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The U.S. Department of the Treasury and the Internal Revenue Service (IRS) recently announced that more than $15 billion has been paid to families through the Child Tax Credit (CTC) second monthly pay...
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The Consumer Financial Protection Bureau's (CFPB) Credit Union Advisory Council (CUAC) recently joined the Community Bank Advisory Council (CBAC) in examining post-pandemic mortgage trends and student...
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The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) recently established a collaboration to advance fair housing and lending enforcement initiative...
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