Law and regulation

Waters schedules hearings next month on Facebook, BB&T-SunTrust merger

06/24/19

House Financial Services Committee Chairwoman Maxine Waters wants to examine the merger of BB&T and SunTrust, as well as Facebook's cryptocurrency plans.

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As California mulls rules for payday loan alternative, rifts emerge

06/24/19

Companies that offer early access to earned wages want a regulatory framework for their fast-growing industry. But the bill under consideration in Sacramento is exposing big divisions in the sector.

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Banks, regulators can help themselves by helping young adults

06/24/19

Intern programs are just one example of an activity that should count for CRA credit and meet Dodd-Frank requirements, says Comptroller of the Currency Joseph Otting.

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New York moves to ban confessions of judgment for out-of-state loans

06/21/19

New York lawmakers took steps to prevent predatory lenders from using the state's court system to seize the assets of small businesses nationwide.

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Deutsche expects continued scrutiny; PayPal losing another exec

06/21/19

The bank believes its U.S. unit will pass this year’s stress test but Fed restrictions will stay; COO is the second member of CEO’s inner circle to leave.

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The key to rightsizing regulation

06/20/19

Regulators could collaborate on a superagency to streamline laws.

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Congress dangles tax credits to boost supply of affordable housing

06/18/19

The bipartisan proposal aims to renew banks' interest in low-income housing tax credits and bring more lower-priced homes to markets that badly need them.

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First Merchants settles with Justice Department over mortgage practices

06/13/19

The Indiana company, which has an acquisition pending, will make more loans in minority neighborhoods around Indianapolis.

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Congress extends national flood insurance program by two weeks

05/30/19

Congress extended the National Flood Insurance Program through June 14, preventing the federal initiative from expiring on Saturday.

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Did Ben Carson just mistake an REO for an Oreo?

05/21/19

Secretary of Housing and Urban Development Ben Carson appeared not to recognize a commonly known real estate term during a congressional hearing on Tuesday.

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