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Providing a safe harbor for only some qualified mortgage loans will swing the stringent credit standard pendulum further in the wrong direction.
November 20
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Federal Reserve Board Chairman Ben Bernanke on Tuesday warned policymakers not to delay taking steps to avert a fiscal shock that would cause the economy to fall back into recession.
November 20 -
The National Advertising Division, a 10-person shop that's based in New York, investigates allegations that companies are engaging in deceptive marketing, often after a competitor lodges a complaint. Just last week, the organization released its ruling in a big-money dispute between JPMorgan Chase and Capital One Financial.
November 20 -
Banks should seize the opportunity to shape the rule in a manner that helps policymakers achieve their AML goals without imposing needless cost and customer pain.
November 20
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The Treasury Department will receive $62 million from its latest auction of stakes it owns in banks through the Troubled Asset Relief Program.
November 20 -
Seeking to accelerate a process that results in taking someone's home should not be done lightly. Plus, a major driver of foreclosure time is not state law but who services the mortgage.
November 20
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The CFPB and FTC sent warnings to 12 mortgage lenders this week, arguing their ads were trying to trick consumers with false and misleading information.
November 20 -
Starr International Co.'s lawsuit against the Federal Reserve Bank of New York over the government's bailout of American International Group Inc. (AIG) was dismissed by a federal judge in New York.
November 19 -
As it dissolves in the wake of anti-money laundering violations, First Bank of Delaware Owes $15 million to Uncle Sam.
November 19 -
Last week saw a sudden burst of activity as Congress returned after the elections. But lawmakers werent the only ones making news, as the CFPB, FHA and Fed also dominated headlines. Following is the most critical stories of regulation and reform
November 19



