There is cautious optimism among economists about the global economy, according to the latest Chief Economists Outlook released by the World Economic Forum. The report found that 82 percent of chi...
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U.S. Sens. Tim Scott (R-SC) and Bill Hagerty (R-TN) are among a group of lawmakers voicing their opposition to a proposal to purchase and guarantee single-family closed-end second mortgages. In a ...
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U.S. Sens. Mike Rounds (R-SD) and Martin Heinrich (D-NM) expressed their concerns to the U.S. Securities and Exchange Commission (SEC) over a rule dealing with conflicts of interest. Specifically, ...
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On Thursday, U.S. Sens. Elizabeth Warren (D-MA) and Sheldon Whitehouse (D-RI), urged the U.S. Trustee program (USTP) to education borrowers and other stakeholders about new bankruptcy guidance that ma...
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On Thursday, the Commodity Futures Trading Commission (CFTC) ordered J.P Morgan Securities, LLC, o pay a $200 million penalty over its failure to capture billion of orders in its surveillance systems....
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Intercontinental Exchange (ICE) issued a white paper that examines expenses, known as fee cures, that are eroding mortgage lender profits. The TILA-RESPA Integrated Disclosure (TRID) rule, also kno...
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On Wednesday, the Securities and Exchange Commission (SEC) said it had settled charges with The Intercontinental Exchange, Inc. (ICE) for allegedly causing nine wholly-owned subsidiaries to fail in re...
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The U.S. Senate Committee on Small Business and Entrepreneurship introduced four bills that deal with various issues, including improvements to the State Trade Expansion Program (STEP) and enhanced ac...
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On Thursday, U.S. Sen. Ron Wyden (D-OR) urged the Centers for Medicare & Medicaid Services (CMS) to enforce penalties on brokers who submit fraudulent enrollments for a health plan. Wyden, the cha...
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The U.S. securities market will soon by switching to a T+1 standard settlement cycle, starting on May 28. Last February, the Securities and Exchange Commission (SEC) adopted rules to facilitate the...
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