A new report on the multifamily lending market found that the volume of loans for multifamily housing dropped 49 percent in 2023. The report, from the Mortgage Bankers Association’s (MBA), said t...
Read More
The Securities and Exchange Commission (SEC) on Aug. 14 announced charges against 26 broker-dealers, investment advisers, and dually registered broker-dealers and investment advisers for widespread, o...
Read More
A bipartisan, bicameral bill pending in both houses of Congress aims to help promote the innovation of artificial intelligence (AI) in the nation’s financial services industry. Specifically, the ...
Read More
U.S. Rep. Dave Joyce (R-OH) introduced legislation that would increase the tax rate on private university endowment profits. The Higher Education Accountability Tax (HEAT) Act (H.R. 9331) would inc...
Read More
The NFIB Small Business Optimism Index hit its highest level since February 2022, as it rose 2.2 points in July to 93.7. While climbing, the index came in below the 50-year average of 98 for the 3...
Read More
The Managed Funds Association (MFA) offered some recommendations for the U.S. Treasury Department to consider as they set rules on the use of artificial intelligence (AI) in financial services. In ...
Read More
To help rid the market of predatory and exclusionary home lending practices, the Consumer Financial Protection Bureau (CFPB) today released an advisory opinion and research report on contract-for-deed...
Read More
Two United States senators denounced a threat by JPMorgan Chase & Co. to impose new checking account fees for over 80 million consumers in response to the Consumer Financial Protection Bureau’s ...
Read More
The Securities and Exchange Commission (SEC) settled fraud charges against Ideanomics, Inc., formerly known as Seven Stars Cloud Group, Inc., and its former CEO for misleading the public about the com...
Read More
The Financial Crimes Enforcement Network (FinCEN), which is part of the U.S. Treasury Department is launching a public service announcement (PSA) campaign to educate small businesses about new benefic...
Read More