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According to a paper released by the American Enterprise Institute, the Dodd-Frank Act, which was originally designed to focus solely on the largest financial institutions, will hurt small banks as well.
May 8
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The Consumer Financial Protection Bureau filed a complaint Tuesday in New York's federal district court alleging that Mission Settlement Agency of New York and Premier Consultant Group LLC in New Jersey charged more than a thousand consumers millions of dollars in unnecessary, upfront fees.
May 8
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The House Financial Services Committee passed nine bills on Tuesday with provisions that would make key changes to Title VII of the Dodd-Frank Act.
May 8
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Lending is a holistic business it requires broad thinking about the impact of credit decisions. A culture of discipline is critical. Banks cultures today are overdue for an overhaul.
May 8
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New reports from Fannie Mae and Freddie Mac show the value of a government guarantee on multifamily mortgages.
May 8
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An analysis of FDIC data shows the leverage ratio did little to distinguish banks that have failed since 2008 from those that remained healthy.
May 8
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The case for a national housing finance commission.
May 7
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The debate to amend provisions of the Dodd-Frank Act is about to become heated as the House Financial Services Committee is scheduled to vote on nine derivatives bills today.
May 7
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It's difficult to identify the victims of money laundering, other than the bank shareholders that must expend millions of dollars for the proactive compliance required as the state's deputized enforcers.
May 7
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Developers should consider incorporating rewards and other tools such as receipt tracking in new mobile payment applications to promote broad adoption.
May 7