Cantor Fitzgerald International and its affiliate eSpeed International, which had World Trade Centeroffices and have been active in the mortgage-backed securities and technology markets, had as of Tuesday morningconfirmed that more than 340 employees were safe and received reports that more than 25 also have survived. Thecompany, which employed approximately 1,000 people in offices on upper floors of the Trade Center, has also beenproviding family and friends of its employees with the names of those who have been reported or confirmed safe.Cantor Fitzgerald has requested that employees on the "reported" list who are able to confirm directlywith the company that they are safe, do so. In addition, Cantor Fitzgerald and eSpeed haveestablished a relief fund for the families of those lost in the World Trade Center disaster on Sept. 11. Donationswill be used "to provide emergency, short-term financial assistance, emotional and mental health support,plus ongoing assistance for things like child care, college tuition, and long-term health care in the difficultmonths and years ahead," Cantor Fitzgerald said. Information on how to donate to the fund is available onthe company's website at http://www.cantorusa.com.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
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Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
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The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
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