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JD Supra: FDIC’s Consumer Compliance report outlines most frequently cited violations and...
JD Supra· 5 days agoOn March 28, the FDIC released its March 2024 version of the Consumer Compliance Supervisory Highlights from the previous year, a report that enhanced transparency regarding the FDIC’s...
FSOC recommends more regulation and liquidity for nonbank servicers - HousingWire
HousingWire· 3 hours agoIt recommended increased regulation and initiatives to improve these companies’ liquidity during moments of stress, but mortgage trade groups have different reactions to the proposals. The attention ...
Climate risks ‘highly uncertain,’ ‘challenging,’ banks tell Fed
Banking Dive via Yahoo Finance· 3 days agoIn the climate scenario exercise, the nation’s six biggest banks found data gaps in real estate...
Merrill Lynch to Pay $825K Over Best Execution Failures | ThinkAdvisor
ThinkAdvisor· 3 days agoMerrill failed to reasonably supervise that equity orders in the firm’s electronic systems were...
South Korea Tightens Scrutiny to Speed up Real Estate Restructuring
US News & World Report· 18 hours ago"Despite the recent rise in delinquency rates of real estate project financing amid a sluggish property market, there have been limitations to sort out unprofitable projects for an orderly restructuring ...
Ukrainian Ajax Security Systems wins most prestigious industrial design award
Ukrayinska Pravda via Yahoo News· 3 days agoThe Ukrainian company Ajax Systems has won three Red Dot Awards, which honour the best projects in...
Indian banks' underwriting standards at risk amid rapid consumer loan growth, Fitch says
Reuters· 14 hours agoAsset quality of Indian banks' consumer loans has held up well so far, but an accumulation of...
Japan: FSA Requires Real Estate Funds Take Additional Safeguards Against Conflicts of Interest
The National Law Review· 5 days agoFinancial Services Agency of Japan (FSA) proposed amendments to its supervisory guidelines...
India's Bank of Baroda says cenbank lifts ban on adding customers on mobile app
Reuters via Yahoo Finance· 5 days agoThe Reserve Bank of India had stopped Bank of Baroda from adding customers to its mobile app in...
Mortgage companies could intensify the next recession, US officials warn – KION546
KION 46 Salinas· 6 hours agoUS officials worry the next recession could be intensified by a cascading series of failures in the...