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The Office of the Comptroller of the Currency is telling financial institutions that they must safeguard customer data even when federal agencies request information in criminal investigations, addressing Republican concerns about debanking that arose after the Jan. 6 Capitol attack.
September 8 -
Black homeownership fell to 43.9% this summer, its lowest since 2021, as rising unemployment and federal layoffs widened housing gaps across demographics.
September 8 -
Premiums for property insurance have risen over 69% since 2019, far outpacing other components of the monthly mortgage payment, ICE Mortgage Technology found.
September 8 -
White House National Economic Council NEC Director Kevin Hassett endorsed insulating the Fed from political pressure but echoed Trump allies' calls for reevaluating its mission.
September 8 -
California sellers of older homes in high-risk areas must disclose to potential buyers not only a dwelling's susceptibility to fire but what they've done to address those vulnerabilities.
September 8 -
Scott Bessent is studiously trying to avoid the fate of the last Treasury secretary who picked a Fed chair for President Donald Trump and now finds himself banished from the inner circle.
September 8 -
Leads from aggregators like Lendingtree could become more valuable as the legislation cuts down on the noise in the market, experts suggested.
September 8 -
A critical U.S. cybersecurity law sunsets Sept. 30, and banks say losing it would weaken defenses against hackers.
September 6 -
The Consumer Financial Protection Bureau has released a packed agenda centered on rewriting rules ranging from small business lending to open banking while rescinding several rules finalized under the Biden Administration last year.
September 5 -
The Homeowners Privacy Protection Act will go into effect next March 5, after a years' long effort by the mortgage industry to bar the marketing tactic.
September 5