COLORADO SPRINGS, Colo. - (07/25/05) -- Authorities were hunting over theweekend for a man who took a live explosive device out of backpackat Fitters Local 58 FCU Friday morning, then made off with anundetermined amount of cash. Police shut down the area surroundingthe credit union for three hours as the bomb squad disabled thehome-made bomb at the credit union. Employees were inside thecredit union at the tome but no members were. No one was injure dinthe incident. The case is unusual because most times that robbersclaim to have an explosive device they are bluffing, policesaid.
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The CFPB has dissolved the Office of Supervision, Enforcement and Fair Lending and eliminated the job of associate director in a move that impacts how it designates nonbanks for supervision.
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U.S. customers who have previously used Sweden-based Klarna's buy now/pay later financing — and paid off their loans in full — will be prequalified for interest-bearing loans through a new version of the Klarna Visa card rolling out later this year.
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Rep. Frank Lucas, R-Okla., told American Banker that he sees a concrete path to chair the House Financial Services Committee that relies on his long experience in committee leadership and long political career.
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The plan that the Federal Housing Finance Agency floated calls for Freddie Mac to actively invest in some new closed-end seconds as cash-out refinancing subsides.
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