GAO: Banks left border to avoid fines, now face renewed scrutiny

They called for congressional action and testified before the Legislature. U.S. Sens. Jeff Flake and John McCain, both Arizona Republicans, asked federal agencies and bank officials to explain what was happening and one of those agencies — the U.S. Government Accountability Office — released its
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Ishares Mortgage Real Estate Etf logo Prime Capital Investment Advisors LLC acquired a new stake in shares of Ishares Mortgage Real Estate Etf (BMV:REM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 69,057 shares of
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Watching the technical levels for Fortune Brands Home & Security (FBHS), we have spotted that the SuperTrend line is currently sitting above recent share price levels. According to the signal, this may point to the stock entering buy territory. Fortune Brands Home & Security (FBHS)'s Williams Percent
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I have had the good fortune to spend time with Chinese immigrants. It has been a continuing education for me. I am happy to have them among my new friends here at the Terrace, emigrants to the United States, their spouses and second- and third-generation Chinese Americans. A young Chinese
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There is a lot of taxpayer money being spent on television, exorting VA loans implying that if you are a veteran, wanting to buy a home, they are there for you. That's less than a half-truth. The only vets who will be able to obtain VA loans are those who have either considerable savings, as was my case,
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TPG Specialty Lending logo News articles about TPG Specialty Lending (NYSE:TSLX) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage
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Local and international organisations including the International Monetary Fund have expressed worries over the deterioration in the capital and asset quality of Nigerian banks. Just last week, analysts at Moody's Ratings raised the alarm over survival of small and mid-size banks operating in Nigeria on
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The firm currently has a buy rating on the stock. NAV has been the subject of several other research reports. Zacks Investment Research lowered shares of Navistar International from a buy rating to a hold rating in a report on Friday, December 15th. Seaport Global Securities reissued a neutral rating on
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The Dubai Islamic Economy Development Center (DIEDC) of the UAE and the Turkmen State Bank for Foreign Economic Affairs have signed a memorandum of understanding, the Nebit-Gas newspaper reports. The document is aimed at establishing channels for cooperation in Islamic banking and
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For more than a year prior to a fatal crash in Arizona, Uber's self-driving cars failed more often, and more dramatically, than competitors' autonomous vehicles. At the same time, Uber reduced some safety precautions, and was sometimes misleading in its description of its program and its failures.
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The Chinese believe double digits are extra lucky and number 8 has long been regarded as the luckiest number because it sounds like the word for 'fortune,' and so it will bring good fortune and prosperity. In Jewish numerology, known as 'gematria'- the number 18 stands for “life”, because the Hebrew
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Investors sentiment decreased to 1.19 in Q3 2017. Its down 0.19, from 1.38 in 2017Q2. It worsened, as 16 investors sold PennyMac Mortgage Investment Trust shares while 43 reduced holdings. 21 funds opened positions while 49 raised stakes. 40.44 million shares or 2.09% less from 41.31 million
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Bank of N.T. Butterfield & Son Ltd logo Zacks Investment Research upgraded shares of Bank of N.T. Butterfield & Son (NYSE:NTB) from a hold rating to a buy rating in a research report sent to investors on Friday. Zacks Investment Research currently has $53.00 price target on the bank's stock. According
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… the Energy Department, Griffith played a key role in a deal heralded by the Trump administration to export 700,000 tons of coal from Pennsylvania's Xcoal Energy & Resources LLC to Ukraine, according to E&E News, which previously reported Griffith's selection for the National Economic Council spot.
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… building Istanbul's new six-runway airport, is considering an initial public offering later this year or next, rekindling a plan it shelved in 2011 after equity markets tumbled. “We are looking for the right window to move forward,” Chairwoman Ebru Özdemir said in an interview with Bloomberg TV in Kuwait.
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Its immediate effect was seen in a tumble of 1.7 per cent in the FTSE Straits Times Real Estate Holding and Development Index, the benchmark indicator for real estate developers. Shares of property developers such as CDL, UOL Group, Wing Tai and CapitaLand also dropped by between 1.9 per cent
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Easily beaten in the tournament opener by Australia, the Indian women's cricket team will hope for a reversal in fortune when they take on the England women's cricket team in the women's T20 triangular series in Mumbai on Sunday. The hosts will need to improve in all three departments if they are to
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Tiffany Haddish's star is on the rise, and has been since even before Girls Trip blew through theaters last year. Haddish has charmed her way into talk shows, awards presentation gigs, and even a coveted spot on Paul Thomas Anderson's speed dial. So, what's next for the comedian taking Hollywood by
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Bloomberg View columnist Barry Ritholtz interviews Kathleen Fisher, head of wealth and investment strategies for AllianceBernstein L.P. In this role, she leads the team responsible for developing and communicating asset allocation advice and investment strategies for high-net-worth clients. Since 2013
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It all depends on how much investors are willing to pay for tax credits under the new 21 percent corporate rate. Congress, the states and low-income housing developers will need to keep an eye on the market — and be prepared for the possibility that a new means of financing will need to be devised.
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