ACLI supports retirement enhancement measure

By Douglas Clark  |   December 15, 2017   |   Federal

The American Council of Life Insurers (ACLI) commended this week a bill designed to bolster retirement financial security. ACLI President and CEO Dirk Kempthorne said the Increasing Access to a Sec...

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SEC appoints PCAOB chairman, members

By Douglas Clark  |   December 14, 2017   |   Federal

The Securities and Exchange Commission (SEC) announced this week the appointment of a new chairman and members of the Public Company Accounting Oversight Board (PCAOB). Officials said William D. Du...

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Banking license renewals on rise

By Douglas Clark  |   December 14, 2017   |   Federal

The Conference of State Bank Supervisors (CSBS) has announced banking license renewal requests are on the rise. Officials said state regulators have approved roughly 337,000 license renewal request...

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FHA reveals new loan limits

By Douglas Clark  |   December 12, 2017   |   Federal

The Federal Housing Administration (FHA) announced last week its new schedule of 2018 loan limits, with most areas in the country expected to experience an increase in the coming year. The FHA is r...

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ACLI urges passage of insurance reform measure

By Douglas Clark  |   December 12, 2017   |   Federal

The American Council of Life Insurers (ACLI) recently voiced support for a bill the organization said is designed to avoid duplication in regulating the insurance industry. ACLI officials maintain ...

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IRI supports Automatic Retirement Plan Act

By Douglas Clark  |   December 6, 2017   |   Federal

The Insured Retirement Institute (IRI) is voicing support for the Automatic Retirement Plan Act of 2017. IRI officials said the measure, introduced by Rep. Richard Neal (D-MA), includes ideas which...

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CBA supports Right to Lend Act

By Douglas Clark  |   December 5, 2017   |   Federal

The Consumer Bankers Association (CBA) is expressing support for the Right to Lend Act of 2017, maintaining the measure would strengthen the economy and help businesses create jobs. CBA officials r...

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Economists provide tax reform input

By Douglas Clark  |   November 29, 2017   |   Industry

Nine of the nation’s leading economists recently provided the government with input regarding tax reform legislation. Treasury Secretary Steven T. Mnuchin received correspondence from the econom...

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New York DFS expands chartered bank system

By Douglas Clark  |   November 28, 2017   |   Industry

The New York State Department of Financial Services (DFS) recently approved the applications of a pair of financial institutions as a means of expanding the state’s chartered bank system. Financ...

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Refinancing volume on rise, FHFA says

By Douglas Clark  |   November 20, 2017   |   Federal

A Federal Housing Finance Agency (FHFA) report released on Thursday determined housing refinancing efforts are on the rise. The report revealed more than 362,934 refinancing transactions were comp...

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