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The announcement comes as Fannie Mae promoted David Benson to serve as president of the government-sponsored enterprise.
July 23
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The Federal Housing Finance Agency is suspending its ongoing review of new credit scoring models and will instead move forward with creating a regulatory framework for providers of alternative credit scores to apply and be evaluated for use by Fannie Mae and Freddie Mac.
July 23
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The Conference of State Bank Supervisors says state and federal regulatory coordination on third-party technology service provider exams eliminates duplication
July 23
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As interest rates rise, banks need to watch how much they are paying on deposits to avoid exceeding rate caps designed to ensure liquidity.
July 23
Texas Tech University -
The bank also agreed to pay a $5 million fine to settle allegations over how it obtained consumers' consent.
July 20
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The federal bank regulators are considering roughly a dozen new rulemakings in response to the bill rolling back certain sections of Dodd-Frank.
July 20
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The online lender hires Ronnie Momen from GreenSky as its chief lending officer; aggregators back Capital One in dispute with Plaid; bank CEO who gave mortgage to Paul Manafort uses fire-and-hire maneuver to reap windfall at taxpayer expense; and more from this week's most-read stories.
July 20
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The House appropriations bill would also expedite the appeals process for CFPB examination decisions and reduce the number of times big banks must submit resolution plans to every two years.
July 20
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The regulatory relief law passed this spring contained a measure to stop synthetic fraud, but the provision is incomplete.
July 20
ID Analytics and Sagestream -
The agency’s consumer complaints database must remain available to the public to help prevent further abuses.
July 20
Center for Responsible Lending
