Friday, October 25, 2019

Macron Blocked EU's Decision to Delay Brexit for Three Months

Macron Blocked EU's Decision to Delay Brexit for Three Months    Bloomberg...(read more)
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CFPB to hold Nov. 6 symposium on Dodd-Frank Section 1071

The CFPB announced today that it will hold a symposium on Dodd-Frank Act Section 1071 on November 6, 2019.  Section 1071 amended the ECOA to require financial institutions to collect and report certain data in connection with credit applications made by women- or minority-owned businesses and small businesses.  Such data includes the race, sex, and... Continue Reading…...(read more)
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Consumer sentiment hits 95.5 in October, vs. estimate of 96

Consumer sentiment hits 95.5 in October, vs. estimate of 96<br/>https://ift.tt/340Wzywread more)
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Big changes could be in store for student loan borrowers

Presidential campaign proposals and recently introduced legislation aim to rewrite the rules around student loan interest, repayment and refinancing. Some of the plans would reduce – or altogether erase – people's balances....(read more)
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NY federal district enters final judgment against OCC in NYDFS lawsuit challenging fintech charter

In May 2019, a New York federal district court denied the OCC's motion to dismiss a lawsuit filed by the New York Department of Financial Services (NYDFS) seeking to block the OCC's issuance of special purpose national bank (SPNB) charters to fintech companies.  In doing so, the court found that the term "business of banking"... Continue Reading…...(read more)
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Mortgage Foreclosures at 15-Year Low

Mortgage Foreclosures at 15-Year Low...(read more)
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China to ask U.S. to remove tariffs in exchange for ag buys in talks Friday: sources

Top U.S. and Chinese trade officials will discuss plans on Friday for China to buy more U.S. farm products, but in return, Beijing will request cancellation of some planned and existing U.S. tariffs on Chinese imports, people briefed on the talks told Reuters....(read more)
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