At those prices, homebuyers would need an income of at least $ 100,000 in order to satisfy the lending standards for gross debt service ratios as well as tougher mortgage qualification rules introduced by
federal regulators in January, Hildebrand found.
Facebook could be in violation of an agreement it made with
federal regulators in 2011 that required the social network to obtain affirmative consent from users before accessing or sharing data about them beyond what they've explicitly agreed to.
Federal regulators in the U.S. may get their own shot at reviewing the deal, however.
Commercial, business credit cards not covered by new federal regulations — New credit card rules approved by
federal regulators in December 2008 give greater protections to consumers and families with credit cards — but not to corporate or small business cardholders.
Fannie and Freddie were seized by
federal regulators in 2008 to avoid their insolvency.
These are loans which should never have been allowed by
federal regulators in the first place.
McCarthy wrote that there were extensive conversations between state and
federal regulators in late 2015 to explain the risks of PFOA, which POLITICO has documented.
California Winemakers Press for Stricter Label Rules: California winemakers have now enlisted lawmakers and
federal regulators in their latest effort to stop the dilution of some vintage names...
Ryan said Common Cause officials intend to file updated complaints with
federal regulators in the coming days.
President Obama's choice of a new overseer for Federal Housing Financing Agency, Joseph A. Smith, brings a toughness hewn from fighting
federal regulators in pursuit of predatory lenders in his state role in North Carolina.
Not exact matches
WASHINGTON, May 1 - A District of Columbia
federal judge dismissed a lawsuit brought by state bank
regulators against the U.S. District Judge Dabney Friedrich wrote
in her decision tossing out the case, issued late on Monday.
Now, thanks to tough new mortgage lending and insurance rules announced by
federal Finance Minister Bill Morneau
in October, some analysts predict that so - called «shadow banking» firms, which operate largely outside the purview of
regulators, will see a surge of fresh business from frustrated homebuyers who can't get conventional loans.
«The
regulator always has to worry about finding the right point
in that balance,» says a former senior
federal official who spoke on background.
On Friday, the
Federal Aviation Administration and European airline
regulators ordered emergency inspections within 20 days of nearly 700 aircraft engines similar to the one involved
in a fatal Southwest engine blowout earlier this week.
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.
WASHINGTON (AP)--
Federal regulators are expanding an emergency order for airlines to inspect fan blades
in the engines of Boeing 737 jets for cracks that indicate wear and tear.
In January, AT&T was forced to walk away from a deal to sell Huawei handsets after pressure from Congress and
federal regulators.
Minutes from a recent
Federal Reserve Advisory Council meeting suggest the
regulator is more interested
in the virtual currency than previously thought.
If you're
in a business where there are
regulators (like the FDA, FCC, SEC or any state or
federal agency that must be appeased before you can move) and you've passed their scrutiny and you're ready to sell and you're first to market, then, once again, investors will love you.
Currently, no
federal regulator has direct authority over the cadre of exchanges that trade cryptocurrencies
in the spot market.
But there is data available
in the U.S. — where state and
federal regulators have sparred repeatedly with debt - settlement firms — and none of it looks good for the industry.
In the past, just before banks were due to face their annual compliance review from
federal regulators, they would conduct their own internal audits and close accounts that belong to businesses that are considered too risky.
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.
It indicated when it issued its most recent delay
in November that it would use the time to work with other
federal regulators on potential changes to the delayed provisions.
OTTAWA — Finance Minister Joe Oliver welcomed the addition of Saskatchewan and New Brunswick to the
federal drive to create a national securities
regulator, setting up a timetable to have the new office
in operation by the fall of 2015.
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.
JPMorgan ended up admitting to lax oversight of its trading arm and paid a $ 920 million fine
in a settlement with
federal regulators.
«The twitter feed of @AfueraHerbaLIES contains not only defamatory, disparaging, and deceptive posts about Herbalife and its products,» said the company
in its filing, «but also contains numerous insulting and offensive statements about Herbalife's management team, its members, and even
federal regulators.»
He also said the chief technology officers at all the major Canadian banks are working
in conjunction with the Bank of Canada and the
federal banking
regulator on cybersecurity.
«I won't be letting GM leadership, or
federal regulators, escape accountability for these tragedies,» she said
in a statement.
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.
In 2005 - 2006, he headed an Ontario government panel of corporate leaders that recommended that Canada adopt a single, national securities
regulator — an idea that was later supported by the late Jim Flaherty while he was
federal finance minister.
U.S.
regulators expect Internet service providers to sue the government over any changes
in the way they are regulated and must reevaluate any proposals to make sure they stand up
in court,
Federal Communications Commission Chairman Tom Wheeler said at a meeting on Friday.
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.
Federal regulators are set to wave through Charter Communications» $ 55 billion bid for Time Warner Cable, with a few key conditions aimed at ensuring that the emerging video streaming industry, personified by the likes of Netflix and Hulu, can provide
in future what the cable market has historically lacked: competition.
«The wireless industry has done everything it can to persuade
federal regulators and state
regulators not to require that backup power be put
in place,» said Regina Costa, chair of the telecommunications committee of the National Association of State Utility Advocates, which speaks for consumer representatives.
But when
federal regulators cracked down on the practice
in 2005, the lenders had to find a new loophole.
Senators Elizabeth Warren and Bernie Sanders want
regulators to stop penalizing legitimate vendors hired by marijuana businesses left
in a legal gray area between state and
federal law.
Lending Club, which went public
in 2014, has seen its share price drop
in recent months, and like the rest of the alternative lending industry, faces the prospect of increased scrutiny from
federal regulators.
I've also launched an investigation, and,
in the upcoming weeks, I will be gathering more information from Equifax, the other credit reporting agencies,
federal regulators, and legal experts with an eye toward fixing this broken industry.
After recently suspending plans
in Mountain View and Palo Alto, Calif. to connect homes
in the common way with fiber optic cables, the search giant's Fiber unit has asked
federal regulators for permission try an experimental wireless solution.
The company reported earnings and revenue for the first quarter that were roughly
in line with consensus estimates, but did not provide much new color on an unfavorable tax allowance decision from
federal regulators.
Federal Finance Minister Joe Oliver has set up a timetable to have a new national
regulator of financial markets
in place by the fall of 2015.
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.
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.
Just days after JPMorgan paid $ 410 million to the nation's energy
regulator to resolve claims the bank devised «manipulative schemes» to transform «money - losing power plants into powerful profit centers,»
federal prosecutors
in Manhattan opened an investigation into the same activity.
It has put a pause on plans for tests of Equifax's data protection practices and turned down offers from other
federal regulators for help
in on - site credit bureau exams.
It was created by Congress
in 1934 as the first
federal regulator of securities markets.
The
federal government is
in danger of losing the clear support of a key provincial ally
in its bid to have the Supreme Court of Canada rule that Ottawa has the constitutional power to establish a national securities
regulator.
In particular, are there macro prudential tools that the
Federal Reserve and other
regulators can use to limit leverage and speculation and thus prevent the type of asset price booms and busts that have proved so troublesome?