The U.S. House of Representatives passed two bills this week that came out of the House Financial Services Committee, including one that provides Congressional supervision of the Department of Housing...
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The National Labor Relations Board (NLRB) withdrew its appeal of the Federal District Court decision that nullified an effort to rewrite the joint-employer rules. The joint-employer rule is used to...
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The U.S. House Financial Services Committee should play a leading role in overseeing the adoption of artificial intelligence (AI) in the nation’s financial services and housing industries, according...
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A final rule issued on July 17 by six federal regulatory agencies will implement quality control standards for automated valuation models (AVMs) that are used by mortgage originators and secondary mar...
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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Tuesday sanctioned several individuals for timeshare fraud they perpetrated on Americans via Mexico-based transnation...
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U.S. President Joe Biden announced plans this week that seeks to lower housing costs, create more affordable housing, and control the cost of rent. The Biden-Harris Housing Plan would build 2 milli...
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Six Democratic senators in Congress want an explanation from JPMorgan Chase (JPM) about why the firm is retreating from its nearly two decades of pledges to help mitigate climate change. “Thi...
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The U.S. Department of the Treasury and Internal Revenue Service (IRS) reached a major milestone, collecting $1 billion in overdue taxes from high-income individuals. The effort was made possible b...
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The U.S. Office of the Comptroller of the Currency (OCC) amended an Oct. 7, 2020, Cease and Desist Order against Citibank related to deficiencies in its risk management, compliance, data governance, a...
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A newly introduced bill in Congress would support and promote U.S. manufacturing and energy production over foreign competitors by showcasing the lower greenhouse gas (GHG) emissions of American-made ...
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