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The multifamily market is heating up as apartment owners and investors refinance in a rush to lock in low interest rates, but caps on government-backed lending programs are threatening to disrupt momentum.
May 15 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.
May 15
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JPMorgan Chase has to plead guilty to an antitrust charge if it wants to resolve the Justice Department's investigation into its foreign-exchange trading activities, the company said in a regulatory filing Thursday.
May 14 -
Banks and consumer groups are both eagerly awaiting an FCC decision about whether to loosen federal restrictions on robo-calling consumers. A $10.2 million settlement announced this week involving JPMorgan Chase brought the issue back to the forefront.
May 14 -
On the same day the Consumer Financial Protection Bureau announced a probe into student loan servicing practices, stakeholders ranging from the Department of Education to borrower advocates outlined their wish lists for reforms.
May 14 -
Despite years of debate, lawmakers are still grappling with key questions over how to set enhanced data security and notification standards to prevent cyber attacks, including whether they should preempt state laws.
May 14 -
State Street Corp. said it expects to face an enforcement action by the Federal Reserve and the Massachusetts Division of Banks after it failed to comply with the Bank Secrecy Act, anti-money laundering rules and U.S. economic sanctions.
May 14 -
BB&T's transaction with Barclays to generate tax credits was "simply a money machine" with no economic purpose and can't be used to seek hundreds of millions of dollars in U.S. tax rebates, an appeals court ruled Thursday.
May 14 -
Other regional Federal Home Loan Banks are lining up so their members can securitize FHA and VA loans through Chicago FHLB conduit.
May 14 -
Vendors that specialize in Bank Secrecy Act compliance can help ease community banks' regulatory burden while strengthening their controls.
May 14
