NAR's credit policy, approved by the Board of Directors in November 2010, states that the credit and lending communities, as well
as federal regulators should reassess the entire credit structure and look for ways to increase the availability of credit to qualified borrowers who are good credit risks.
As federal regulators have stepped up pressure and scrutiny, the banking regulators had to tighten their lending standards.
And now, it's about to get harder for buyers to get financing
as Federal regulators proposed rules last week that are designed to discourage risky lending but that will also likely further restrict lending.
As federal regulators study warning sound devices eventually to be made mandatory for electric and hybrid vehicles, Lexus is doing what others are as well and bringing in its version early.
FTC consent decrees have been held up, by Facebook as well
as federal regulators, as an ideal method to police companies who engage in unfair and deceptive data practices.
As a federal regulator, OSFI's requirement will impact banks and lenders across Canada.
Not exact matches
Turns out,
as of this week, a US
federal court agreed that
regulators have the authority to send cryptocurrency price - manipulators to jail in the US.
VANCOUVER — Canadian Heritage Minister Shelly Glover says she has asked the
federal broadcast
regulator to prepare a report on so - called pick - and - pay television services
as a preliminary step toward putting an end to bundling channels into all - or - nothing packages.
The banks» mortgage portfolios this quarter saw little impact from the
federal financial
regulator's new underwriting rules for uninsured mortgages,
as of Jan. 1.
WASHINGTON (AP)-- The company formerly known
as Yahoo is paying a $ 35 million fine to resolve
federal regulators» charges that the online pioneer deceived investors by failing to disclose one of the biggest data breaches in internet history.
Health insurance companies are exploring new ways to diversify their revenues with acquisitions in acute care after
federal regulators blocked two major mergers in the sector, and insurance exchanges set up under the Affordable Care Act, popularly known
as Obamacare, came under pressure from Republicans.
As Maclean's John Geddes reports, the
federal government has put together the foundations for what may become a de facto — if not de jure — national securities
regulator.
Regulators killed the deal
as the
Federal Trade Commission filed a lawsuit that said it would have given the combined company 75 % of the national market for distribution services.
British politicians aren't exactly known
as paragons of good decision - making right now, so Canadian
regulators and the
federal government may want to do the opposite of anything that's happening over there.
Even with the act's regulations in place, there will probably be lingering questions about whether crowdfunding sites are serving merely
as information portals or
as securities broker - dealers that must register with
federal regulators.
Wednesday's rule applies to banks and to large financial firms who are designated
as «systemic» by the Financial Stability Oversight Council, a
federal government panel of
regulators that polices for emerging market threats.
Selling a bill of goods to investors, partners,
federal regulators, the media, patients and the public is not business
as usual.
Federal Communications Commission chairman Ajit Pai — a former Verizon lawyer appointed by Trump
as the nation's top telecommunications
regulator in January — is expected to unveil his approach for rolling back the 2015 net neutrality rules during a speech on Wednesday.
To further increase the possibility that all borrowers have a fair opportunity to request a foreclosure review, the Comptroller of the Currency and the Chairman of the Board of Governors of the
Federal Reserve System should require that servicers include a range of potential remediation amounts or categories in communication materials and other outreach, such
as direct mailings to borrowers, public service announcements, the independent foreclosure review website,
regulators» websites, and officials» testimonies and speeches.
Horner said Alberta has tried to address some of Ottawa's complaints about the current system by pitching its own proposal — one that would create a new national enforcement agency
as well
as a national systemic risk committee made up of all 13
regulators and chaired by the
federal minister.
It's common for industry moguls to sit on multiple boards — especially in the sometimes insular world of Silicon Valley — but that arrangement struck
federal regulators as questionable.
The appointment of even one SEC Commissioner with significant experience
as a state securities
regulator would dramatically improve coordination between state and
federal securities authorities and bring a perspective informed by experiences from Main Street America where investor protection is personal and capital formation means real jobs.
Progressive Conservative leadership candidate Jim Prentice was a vocal supporter of a move to a single
regulator during his time
as a
federal cabinet minister.
It was created by Congress in 1934
as the first
federal regulator of securities markets.
WASHINGTON —
Federal regulators on Monday moved to approve Charter Communications» $ 65.5 billion acquisitions of Time Warner Cable and Bright House Networks, enabling the creation of a new cable giant
as the industry focuses more on broadband
as traditional TV declines.
In 2011,
federal and state securities
regulators warned investors of the potential risks associated with self - directed IRAs, saying they had noted an increase in complaints about fraudulent investment schemes that used these types of IRAs
as a «key feature.»
Wednesday's rule applies to banks and to large financial firms who are designated
as «systemic» by the Financial Stability Oversight Council (FSOC), a
federal government panel of
regulators that polices for emerging market threats.
According to the proposal, the OCC would coordinate with other applicable
regulators, such
as the
Federal Reserve,
Federal Deposit Insurance Corporation, and Consumer Financial Protection Bureau, depending upon the nature of the FinTech company.
The company formerly known
as Yahoo is paying a $ 35 - million fine to resolve
federal regulators» charges that the online pioneer deceived investors by failing to disclose one of the biggest data breaches in internet history.
Mr Gruenberg remains in place five months after the expiry of his term
as head of the
Federal Deposit Insurance Corporation, a bank
regulator.
«
As noted in our past reports, regulatory oversight is fragmented across multiple
regulators at the
federal level, and also involves regulatory bodies in the 50 states and other U.S. jurisdictions.»
But
federal regulators should think harder the next time Facebook (or a large rival such
as Google) wants to acquire a fast - growing online platform like Instagram.
Banks for their part (and indeed, bank
regulators and the
Federal Reserve) need to decide at what point to cut back their mortgage lending so
as not to fuel an overpriced market and have to deal with debt defaults.
Despite its obvious importance,
federal policy makers and
regulators still have not affirmed or promulgated a view of the «Best Interest» standard
as drawn from the Advisers Act and common law.
Prior to the felony counts there was a $ 13 billion settlement with the Justice Department and
Federal and State
regulators in 2013 for JPMorgan Chase's role in selling toxic mortgage investments to investors
as worthwhile products when the bank had good reason to believe they would blow up.
WASHINGTON The U.S. House of Representatives voted on Friday to name the
Federal Reserve
as the primary
regulator for the «Volcker Rule,» which bars banks from speculative trading.
The presence of Merrill Lynch in the mix is neutral factor for the organization from a risk perspective, but BAC
as a whole does not compare that well to its large bank peers looking at the Y - 9 performance report published by
federal regulators.
That Act would further restrict the Fed's 13 (3) lending operations by requiring that they be approved by at least two - thirds of the FOMC (
as opposed to the present 5 - member requirement); by disallowing the use of equity
as collateral for 13 (3) loans; by requiring that loans be approved not only by the
Federal Reserve Board but by all
Federal banking
regulators having jurisdiction over the prospective borrowers; and by allowing emergency lending to be extended beyond a term of 30 days only by means of a joint resolution approved by Congress.
Many of the states affected by human - caused earthquakes have acknowledged the phenomenon, but,
as The New York Times notes, «state
regulators around the country have not gone
as far in controlling industry practices
as environmental groups have asked, and there is little sign that the new
federal findings will goad them to go farther.»
This disconnect has led to
federal regulators allowing products with high percentages of fruit concentrate to be labeled
as mead, while prohibiting more historical mead production that uses natural fruit to supplement the fermentation of the honey base.
Subscribe to the Afternoon Brief Trending Story:
Regulators Investigate Napa, Sonoma Wineries and Distributors for Illegal Trade Practices
Federal and state agents visited more than 30 wine - related businesses in Napa and Sonoma counties last week
as part of a probe into consignment sales, in which a winery or wholesaler buys back bottles that don't -LSB-...]
As the voice of the flexible packaging industry, FPA works with regulators at the U.S. Environmental Protection Agency and U.S. Occupational Safety and Health Administration and other U.S. regulatory agencies such as the Federal Trade Commission and Food and Drug Administration to share industry positions and minimize regulatory burden on the flexible packaging industr
As the voice of the flexible packaging industry, FPA works with
regulators at the U.S. Environmental Protection Agency and U.S. Occupational Safety and Health Administration and other U.S. regulatory agencies such
as the Federal Trade Commission and Food and Drug Administration to share industry positions and minimize regulatory burden on the flexible packaging industr
as the
Federal Trade Commission and Food and Drug Administration to share industry positions and minimize regulatory burden on the flexible packaging industry.
While Trump's
federal tax cut is causing headaches for some New Yorkers, Cuomo and
regulators at the state Public Service Commission are working to ensure that utility customers in the state are able to reap some of the benefits
as soon
as possible.
Gov. Andrew Cuomo's administration has quietly signed off on giving $ 850 million to be split among more than 600 nursing homes around New York state — even though about two - thirds of them have been classified by
federal regulators as some of the most deficient facilities in the country.
Democratic Sen. Brad Hoylman in testimony to b given to
federal environmental
regulators urged the cleanup of PCB - laden muck from the Hudson River to continue
as the project winds down with a five - year review.
Groups on Tuesday lauded Gov. Andrew Cuomo's proposed expansions to New York's emerging hemp industry, only a few years after
federal regulators redefined the plant
as different from marijuana.
In June, New York state and city agencies announced $ 34 million in tax credits for Aetna — the health insurance giant that threatened to pull out of Obamacare exchanges
as it tried to persuade
federal regulators to approve a controversial merger.
Not only are
federal regulators watching, the taxpaying public will be paying strict attention
as well.
WAWAYANDA -
Federal regulators gave Millennium Pipeline Co. permission Friday to start building the 7.8 - mile natural gas line that will supply the Competitive Power Ventures plant, pushing the project forward even
as a dispute continues over the state's denial of permits for that pipeline.
Federal transportation
regulators cited a Walmart truck driver's fatigue
as the chief cause of a crash last year that killed the comedian James McNair and critically injured Tracy Morgan, a star of the television series «30 Rock.»