Search for: "Federal National Mortgage Bank Association"
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17 May 2024, 6:00 am
In response to the Fed’s proposal, the American Bankers Association and eight other bank and credit union associations sent a letter to the Fed urging it to withdraw its proposed interchange-rate adjustments. . . . [read post]
12 May 2024, 9:01 pm
OCC’s Letter on Uniform Federal Banking Standards On November 9, 2023, the General Counsel of the Office of the Comptroller of the Currency (the “OCC”) issued a letter to the CEOs of all national banks and federal savings associations (“FSAs”) addressing uniform federal banking standards.[13] In the letter, the OCC explains that it is aware that some states have passed laws… [read post]
2 May 2024, 1:22 pm
In its approval, the OCC reasoned that national banks have long been able to sell mortgages and argued that issuing RMBS was “an ‘incidental power[]’” of the banking business. [read post]
17 Apr 2024, 8:26 am
Susan Collins, CEO of the Boston Federal Reserve Bank, spoke yesterday about the prospects for the US economy, at a program sponsored by National Association of Corporate Directors – New England. [read post]
16 Feb 2024, 3:00 am
National/Federal Chief Witness Against Gaetz Is Cooperating with House Ethics Investigation DNyuz – Robert Draper and Michael Schmidt (New York Times) | Published: 2/9/2024 A lawyer for the chief witness against U.S. [read post]
28 Dec 2023, 9:05 pm
The termination of the national emergency will end waivers impacting several federal health programs, including Medicaid, Medicaid, and the Children’s Health Insurance Program (CHIP), as well as the Department of Housing and Urban Development’s COVID-19 mortgage forbearance program. [read post]
1 Dec 2023, 3:00 am
The Republican National Committee (RNC) disclosed it had $9.1 million in cash on hand as of October 30, the lowest amount for the RNC in any FEC report since February 2015. [read post]
1 Nov 2023, 5:49 am
According to the National Adult Protective Services Association, an estimated 500,000 older adults are financially exploited each year. [read post]
18 Oct 2023, 7:43 am
Under federal law, a person convicted for embezzlement can receive up to 20 years in federal prison and $50,000 in fines. [read post]
11 Oct 2023, 11:17 am
Bank of America, require banks to pay at least 2% interest annually on escrow accounts associated with residential mortgages. [read post]
28 Sep 2023, 9:22 am
” The CFPB notes that there is also a long history of Congress funding federal institutions through fees or assessments, rather than the traditional appropriations process, beginning in the 18th century with the First Bank of the United States, the post office, and the U.S. [read post]
30 Aug 2023, 5:47 am
Taxable Deduction Examples: Mortgage Interest Educational Expenses Charitable Donations Credit Opportunities Include: Child Care Expenses Energy Efficient Home Improvements and others. [read post]
18 Aug 2023, 3:05 am
New Jersey’s SB 1402 outlaws discrimination through the use of “automated decision systems” by a litany of professionals and institutions, including banks, mortgage companies, insurance companies and healthcare providers. [read post]
14 Aug 2023, 12:39 pm
Invited to attend are accountants, financial planners, Life insurance agents, funeral directors, bank representatives involved in reserve mortgages, nursing home managers and Municipal senior citizen coordinators. [read post]
9 Aug 2023, 9:01 pm
Adriana Kugler to be a governor on the Federal Reserve Board. [read post]
4 Aug 2023, 8:18 am
Clients who entrust us with their US tax returns get access to the United Nationals Federal Credit Union (UNFCU), which may assist retirees in obtaining loans for their foreign property purchases. [read post]
27 Jun 2023, 9:05 pm
This post comes to us from Madison Condon, associate professor at Boston University School of Law. [read post]
26 Jun 2023, 9:01 pm
Philadelphia National Bank changed that assumption and firmly established that banking is within the purview of federal antitrust law. [read post]
23 Jun 2023, 8:54 am
Stricter Rules Could be Coming for Banks with Over $100B in Assets The heads of the Federal Deposit Insurance Corporation and the Federal Reserve said last week that bank regulators are considering applying a set of tougher capital rules to banks that have over $100 billion in assets. [read post]
23 Jun 2023, 5:54 am
Stricter Rules Could be Coming for Banks with Over $100B in Assets The heads of the Federal Deposit Insurance Corporation and the Federal Reserve said last week that bank regulators are considering applying a set of tougher capital rules to banks that have over $100 billion in assets. [read post]
