Federal Reserve Board accepting CAC applications

By Douglas Clark  |   April 14, 2021   |   Federal

The Federal Reserve Board is accepting Community Advisory Council (CAC) applications, noting the panel advises on issues impacting consumers and communities while complementing two of the Board's othe...

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Lawmakers seek minority-owned businesses aid

By Douglas Clark  |   April 14, 2021   |   Federal

A group of lawmakers recently forwarded correspondence to Treasury Secretary Janet Yellen and Commerce Secretary Gina Raimondo encouraging funding support for minority-owned small businesses. U.S. ...

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Rep. McHenry encourages financial fraud hearing

By Douglas Clark  |   April 12, 2021   |   Federal

Rep. Patrick McHenry (R-NC) has forwarded correspondence to House Financial Services Committee Chairwoman Maxine Waters (D-CA), encouraging the convening of a hearing examining financial fraud. McH...

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Nebraska measures bolster annuity protections

By Douglas Clark  |   April 9, 2021   |   News

The American Council of Life Insurers (ACLI) is supporting Nebraska state measures providing citizens statewide with enhanced consumer protections when buying annuities. Officials said Nebraska Go...

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OCC touts National Financial Capability Month

By Douglas Clark  |   April 5, 2021   |   Industry

The Office of the Comptroller of the Currency (OCC) is touting National Financial Capability Month, which runs through April 30. The OCC is encouraging national banks and federal savings associatio...

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MBA examines mortgage application decrease

By Douglas Clark  |   April 2, 2021   |   Industry

The Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey determined mortgage applications for the week ending March 26, 2021, decreased 2.2 percent from one week earlier. "After...

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HUD addresses Mortgage Insurance Fund report

By Douglas Clark  |   April 1, 2021   |   Industry

Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge recently offered a statement regarding the agency's Federal Housing Administration (FHA) Single-Family Mutual Mortgage Insur...

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