Freddie Mac officials have revealed an initiative designed to help homebuyers realize savings and reduce closing times. The automated collateral evaluation (ACE) assesses the need for a traditional...
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A Consumer Finance Protection Bureau (CFPB) report maintains student loan borrowers continue to struggle while not taking advantage of affordable repayment plans. The report revealed for borrowers ...
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A recently released report attributes a portion of the 0.6 percent July rise in retail sales to online retailers. Officials said the increase, detailed in the NAFCU Macro Data Flash report, repres...
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A group of lawmakers are petitioning the House Committee on Financial Services to request documents from Deutsche Bank related to the Russian mirror trading scheme. Officials said the written reque...
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Anna Maria Farías was sworn into duty last week as the Department of Housing and Urban Development’s (HUD) new Assistant Secretary for Fair Housing and Equal Opportunity. HUD Secretary Ben Carso...
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The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS), released last week, revealed that mortgage applications for new home purchases in July of this year increased 5.1 percent in c...
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The Federal Housing Finance Agency (FHFA) recently appointed Andre D. Galeano to the position of Deputy Director of the Division of Federal Home Loan Bank Regulation. FHFA Director Melvin L. Watt ...
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National Association of Federally-Insured Credit Unions (NAFCU) officials are reporting credit card debt has risen to a record high. The NAFCU said total consumer credit rose 3.9 percent in June, w...
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The National Association of Insurance Commissioners (NAIC) and Argentina's National Superintendence of Insurance recently reached an agreement outlining regulatory cooperation for insurance supervisio...
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The Mortgage Credit Availability Index (MCAI) revealed mortgage credit availability experienced a slight rise in July. The Mortgage Bankers Association (MBA) reports, which analyzes data from Elli...
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The Public Company Accounting Oversight Board (PCAOB) imposed last week a $1 million civil penalty against PricewaterhouseCoopers LLP (PwC). Officials said the action stems from violations in its e...
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The House Committee on Education and the Workforce recently introduced a bill designed to roll back the joint employer scheme to protect American jobs and entrepreneurship. The Save Local Business...
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Rep. Leonard Lance (R-NJ) recently introduced a measure designed to permanently authorize and require employers use the E-Verify system to ensure employees are eligible work in the United States. ...
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The Retail Industry Leaders Association (RILA) recently voiced approval of President Trump's nomination of Ann Marie Buerkle as Chairman and Commissioner of the Consumer Product Safety Commission (CPS...
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Rep. Maxine Waters (D-CA) introduced last week a bill designed to ensure the Securities and Exchange Commission (SEC) protects investors via a public process for waiving automatic disqualification pro...
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The latest Credit Card Market Monitor report revealed credit card use continued to expand in the first quarter of 2017. The American Bankers Association’s measuring unit determined monthly purcha...
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The chairman of the House Small Business Committee recently penned a letter advocating tax reform as a potential small business growth tool. Rep. Steve Chabot (R-OH) forwarded correspondence to Re...
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The Securities and Exchange Commission (SEC) selected Bryan Wood this week to lead the agency's Office of Legislative and Intergovernmental Affairs. As director, Wood would advise the chairman, co...
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The National Credit Union Administration’s (NCUA) recent plan to reorganize its operations has garnered the support of the Credit Union National Association (CUNA). NCUA officials said the agency...
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The House Small Business Committee recently garnered testimony from industry experts during a hearing exploring entrepreneurship revitalization. “New and small businesses create the majority of ...
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