Senate Banking, Housing and Urban Affairs Committee ranking member U.S. Sen. Elizabeth Warran (D-MA) is calling on the GAO to conduct a review of foreign investment safeguards. In a letter to Gene...
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In 2024, total originations of closed-end home equity loans and open-ended home equity lines of credit (HELOCs) grew 7.2 percent compared to 2023, according to the recent Mortgage Bankers Associationâ...
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U.S. Rep. Roger Williams (R-TX) introduced the House version of the Investing in National Next-Generation Opportunities for Venture Acceleration and Technological Excellence (INNOVATE) Act. The ...
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U.S. Sens. Tim Scott (R-SC), Lisa Blunt Rochester (D-DE), Bernie Moreno (R-OH) and Andy Kim (D-NJ) are pushing to increase private investment into affordable housing and other community development pr...
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The San Francisco Federal Credit Union is acquiring Oakland-based Summit Bank in an all-cash transaction. The acquisition strengthens the credit union’s ability to provide financial solutions f...
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Huntington Bancshares is acquiring Veritex Holdings, a bank holding company headquartered in Dallas. The acquisition will expand the Columbus, Ohio-based bank into the Dallas/Fort Worth and Housto...
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U.S. Sens. Todd Young (R-IN), Ruben Gallego (D-AZ), Jim Risch (R-ID) and Tammy Duckworth (D-IL) reintroduced legislation on July 10 to increase investment in small businesses. The legislation, the...
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Cadence Bank, with dual headquarters in Houston, Texas and Tupelo, MS, announced Monday it had completed its acquisition of Industry Bancshares, Inc. Industry Bancshares is the bank holding compan...
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Investment managers plan to allocate 24 percent of projected capital raised between October 2024 and September 2026 to new development, according to a recently released Federal Reserve Bank of New Yor...
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Legislation expanding the maturity cap on federal credit union loans was introduced by U.S. Rep. Scott Fitzgerald (R-WI) recently. The legislation, the Expanding Access to Lending Options Act, wou...
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