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22 Nov 2017, 7:03 am by Chain | Cohn | Stiles
The project was made possible through donations and support from Kern Federal Credit Union, Bakersfield Association of Realtors, Chain | Cohn | Stiles, Gary & Tanya Carruesco Realtors, Wells Acoustics, HealthSouth, Kern Schools Federal Credit Union, Trans-West Security, and Stinson’s, who provided and donated all of the furniture for the room. [read post]
” The bill would add the same language (with the word “section” changed to “subsection” when appropriate) to the provisions in the Home Owners’ Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act that provide rate exportation authority to, respectively, federal and state savings associations, federal credit unions, and state-chartered banks. [read post]
20 Nov 2017, 5:00 am by John Jascob
Nelson, J.D.The House Financial Services Committee engaged in a two-day markup session of nearly two dozen securities and banking bills spanning a range of topics, including Dodd-Frank Act repeals, hedge funds and private equity, business development and closed-end companies, capital formation, proxy advisers, non-bank financial institutions, Fed oversight, and Iran disclosures. [read post]
17 Nov 2017, 6:25 am by Simon Lovegrove and Kathleen Scott
A particularly contentious area has been how European Union (EU) investment firms should interact when they seek out brokerage and research services from broker-dealers in non-EU countries like the United States. [read post]
15 Nov 2017, 7:39 pm by Wolfgang Demino
Bank in its capacity as Indenture Trustee for the benefit of the Noteholders, and would impair its perfected security interests in the NCSLTs’ student loans, related collections and contractual agreements. [read post]
14 Nov 2017, 3:27 am by Kevin LaCroix
  Like PayPal or credit cards, cryptocurrencies are digital currencies that can be used to send or receive payment via the Internet. [read post]
10 Nov 2017, 2:45 am by Cyrus Farivar
(credit: Sean Gallup/Getty Images)) Estonian authorities announced this week that they had recently arrested a Russian man suspected of being an agent of the Federal Security Service (FSB) who was allegedly planning "computer-related crime. [read post]
9 Nov 2017, 3:44 pm
The new regulations adhere closely to Executive Order directing their creation (National Security Presidential Memorandum  5; Strengthening the Policy of the United States Toward Cuba (NSPM 5 in Federal Register) (June 16, 2017)). [read post]
1 Nov 2017, 11:16 am by Elizabeth A. Khalil
On the one hand, the agencies have affirmatively encouraged banks and credit unions to provide small-dollar credit as a potentially more consumer-friendly substitute for alternative financial services (AFS) such as payday lending, pawnshops, and check cashing services. [read post]
30 Oct 2017, 8:00 am by Alexander J. Davie
  The Fair Credit Reporting Act (FCRA) regulates how businesses like credit reporting agencies can use and disclose credit reports, credit card numbers, and other information. [read post]
26 Oct 2017, 9:30 pm by Sarah Madigan
” The White House said that, by repealing the rule, “Congress is standing up for everyday consumers and community banks and credit unions. [read post]
24 Oct 2017, 10:58 am by Colby Pastre
Trump (R) and congressional tax writers are working on a major overhaul of the federal tax code. [read post]
23 Oct 2017, 8:48 am by Donald Petersen
When shopping for consumer credit, credit unions are worthwhile to consider. [read post]
12 Oct 2017, 4:22 pm by Cynthia Marcotte Stamer
Within 180 days of the date of this order, and every 2 years thereafter, the Secretary of Health and Human Services, in consultation with the Secretaries of the Treasury and Labor and the Federal Trade Commission, shall provide a report to the President that: (a) details the extent to which existing State and Federal laws, regulations, guidance, requirements, and policies fail to conform to the policies set forth in section 1 of this order; and (b) identifies actions that… [read post]
9 Oct 2017, 11:32 am by Barbara S. Mishkin
  Like those bills, H.R. 3299 would add the same language (with the word “section” changed to “subsection” when appropriate) to the provisions in the Home Owners’ Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act that provide rate exportation authority to, respectively, federal savings associations, federal credit unions, and state-chartered banks. [read post]
6 Oct 2017, 8:17 am by Jeremy T. Rosenblum
  Lenders covered by the rule include nonbank entities as well as banks and credit unions. [read post]
5 Oct 2017, 5:20 pm by Wolfgang Demino
Ultimately, however, the concern is that the servicer has not been squeezing enough money from hard-pressed borrowers, and that the servicer still has to be paid in accordance with the fee schedule in the servicing agreement. [read post]
2 Oct 2017, 7:59 am by Kathleen Scott
The FSOC was established pursuant to the 2010 Dodd-Frank financial reform legislation and is chaired by the Secretary of the Treasury with members composed of the federal financial services regulators, state regulators in banking, insurance and securities and an independent member with insurance expertise. [read post]
21 Sep 2017, 6:54 am by Popehat
The government has been advised by its very own parliamentary research service that the law is in breach of European Union rules. [read post]
17 Sep 2017, 7:30 pm by Wolfgang Demino
Important factors that could cause or contribute to such differences include: investor response to the offerings of the asset-backed securities by each of NCSLT 2007-3 and NCSLT 2007-4, including the terms of the notes offered by each trust and the size and structure of the transactions; conditions in the financial markets, including the capital markets generally and the student loan asset-backed securities sector specifically; completion of the pricing of the asset-backed… [read post]