Congress Must Review CFPB Auto Lending Bulletin, GAO Says

Law360, New York (December 6, 2017, 8:58 PM EST) — A government watchdog agency on Tuesday ruled that a bulletin the Consumer Financial Protection Bureau issued that would hold banks responsible for funding potentially discriminatory auto loans could be reviewed and potentially overturned
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A great year for the biggest class of active funds is becoming merely a good one after a week of upheaval in stocks erased almost half their advantage over the benchmarks they're measured against. Blame it on an obsession with technology, the industry that had been the market's darling all year before
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Led by president Ilan Goldfajn, the bank's board lowered the Selic rate to 7 percent on Wednesday, following a previous 75 basis-point reduction in October. The move was expected by all 49 analysts surveyed by Bloomberg and was the 10th consecutive rate cut in a cycle that's slashed the benchmark
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One was built in 1891 and the other in 1926 and now has 40 units of both affordable and market rate housing along with retail. With Stockton being the hottest housing market in the country, City Economic Development Director Micah Runner says Stockton is on the cusp of renaissance for its downtown.
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New Career Opportunity! Huntington National Bank has an opening for a Compliance Specialist – Consumer/Mortgage Lending and Servicing in Columbus, OH.
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Mobile app users could start feeling a little more secure in future. A team fromthe University of Birmingham have developed a tool to perform semi-automated security testing of these apps. In particular, the tool can identify critical vulnerabilities in banking apps – the researchers identified issues in HSBC,
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Moraga Estate, the only working winery in Bel-Air and home of Twenty-First Century Fox and Fox News Chairman Rupert Murdoch, appears to be the latest casualty of wildfires spread by the Santa Ana winds in Southern California. Local news affiliate NBC4 reported Wednesday that the estate, located
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Speaking of the downturn a decade ago, Home Depot CEO Craig Menear told Fortune that the retailer's hot streak was exactly why it needed to ramp up investments now. “We didn't want to waste that time and we used it to invest and position ourselves to win as the market recovered,” he explained.
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A new regional green coffee competition and auction designed to attract international buyers is being planned in conjunction with the VI Festival del Café in Santa Barbara, Honduras, taking place April 27-28, 2018. The “Oro de Santa Barbara” competition and auction is part of a new publicly funded
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German prosecutors say they are investigating whether Steinhoff International inflated its revenue and book value, one day after the global home retailer announced that its … The European Central Bank has spent about $129 billion buying corporate bonds as part of its Asset Purchase Programme.
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Buyers who are looking during this time tend to be serious buyers. They mean business and are on a mission. Many of them have been searching for months and are not going to stop looking just because the holidays are here. This especially holds true for buyers who have been relocated to the Valley
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Texas Republican Congressman Jeb Hensarling said Wednesday that Fannie Mae and Freddie Mac need to be wound down as part of any sustainable housing finance reform. Speaking at a conference on the future of the U.S. housing market, Hensarling said he would work towards a bipartisan
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FILE – In this April 8, 2015, file photo, Charles Cella, owner of Oaklawn Park, watches the crowd after post position draw for the running of the Arkansas Derby horse race at Oaklawn Park in Hot Springs, Ark. Cella, who helped turn Oaklawn Park into a major racing destination in the South as a
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If you bank with HSBC, NatWest, Co-op or Bank of America Health, you may have been at risk of a security flaw, according to a new study. Researchers have tested a new tool on a sample of 400 apps, and found that several banking apps had a critical vulnerability that could have allowed hackers to
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Duty Free International Limited (SGX:5SO), a specialty retail company based in Singapore, saw significant share price volatility over the past couple of months on the SGX, rising to the highs of SGD0.3 and falling to the lows of SGD0.25. This high level of volatility gives investors the opportunity to enter
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Best World International Limited (SGX:CGN), a personal products company based in Singapore, received a lot of attention from a substantial price movement on the SGX in the over the last few months, increasing to SGD1.49 at one point, and dropping to the lows of SGD1.21. This high level of volatility
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OAKLAND — An apparent bank snafu has led to several hundred Oakland unified employees with overdrawn checking accounts after their last paycheck was mistakenly taken back out. District spokesman John Sasaki said the district began receiving emails and phone calls from employees this morning
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Bloomberg's Erik Schatzker reports on the impact to Citigroup if the U.S. Senate tax reform bill passes. Citigroup Inc. expects to take a noncash charge to earnings of about $20 billion if the U.S. Senate's version of the tax reform bill is enacted, Chief Financial Officer John Gerspach said. The hit to profit
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… many consumers are “better off building wealth through renting and investing in stocks and bonds than buying property,” said Ken Johnson, real estate economist and professor at Florida Atlantic University in Boca Raton. Eli Beracha, associate professor at Florida International University in Miami, who
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Merchants have until March 15th, 2018 to redeem the Bucks at the Sedgwick County Title Company or the Julesburg Advocate for full face value. JOeS Bucks have been made possible by generous donations of seed money to off set the 10% percent discount, allowing Bucks to be sold at 90 cents on the
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