The Consumer Financial Protection Bureau (CFPB) has initiated a public inquiry into junk fees found in mortgage closing costs. The CFPB is seeking to find out why closing costs are increasing, who...
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U.S. banks generated net income of $64.2 billion in the first quarter of 2024, up $28.4 billion 79.5 percent from the prior quarter, according to the Federal Deposit Insurance Corporation’s latest Q...
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The U.S. Department of the Treasury published a risk assessment that examines vulnerabilities associated with Non-fungible Tokens (NFTs) and NFT platforms. The Treasury’s 2024 Non-fungible Token ...
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U.S. house prices continue to rise, according to the Federal Housing Finance Agency (FHFA) House Price Index. The latest report showed that prices rose 6.6 percent in the first quarter compared to ...
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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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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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The financial well-being of Americans remained unchanged last year, according to a report from the Federal Reserve Board. The Fed’s annual Economic Well-Being of U.S. Households report said that ...
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A new survey has found that as Americans are saving for their kids higher education, they lack awareness of how 529 plans can help them. According to research from Edward Jones, half of Americans ...
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On Thursday, the U.S. Department of the Treasury revealed its latest strategy for combating illicit financial activities. The 2024 National Strategy for Combatting Terrorist and Other Illicit Fina...
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The Securities and Exchange Commission (SEC) published a new report on the investment advisory industry. The SEC’s Investment Adviser Statistics report is designed to give the public insights and...
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