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Canada"s GDP Contracted 0.1% in January

The Canadian economy contracted slightly in January as tougher mortgage-lending rules contributed to the biggest decline in real-estate agents and brokers’ output in more than nine years......»»

Category: topSource: wsjMar 29th, 2018

Senate is poised to roll back rules meant to root out discrimination by mortgage lenders

The sweeping legislation would undo banking rules passed after the 2008 financial crisis, including weakening the government’s ability to enforce fair lending requirements thereby making it harder to root out predatory lenders......»»

Category: topSource: washpostMar 12th, 2018

Commentary: Ready for Tougher Underwriting and to Pay More for Your Mortgage?

There are some new rules coming down the pike for banks that will drastically alter the lending landscape. What are they, and should you care? I’m amazed that there has not been more talk regarding a big change in banking reg.....»»

Category: realestateSource: rismediaAug 5th, 2017

UBS: All of Australia"s changes to investor lending rules are increasing the risk of mortgage fraud

The latest housing data reveals a slowdown in investor loan growth, although the ch.....»»

Category: topSource: businessinsiderAug 1st, 2017

UBS: All of Australia"s changes to investor lending rules are increasing the risk of mortgage fraud

The latest housing data reveals a slowdown in investor loan growth, although the ch.....»»

Category: topSource: businessinsiderAug 1st, 2017

UBS: All of Australia"s changes to investor lending rules are increasing the risk of mortgage fraud

The latest housing data reveals a slowdown in investor loan growth, although the ch.....»»

Category: topSource: businessinsiderAug 1st, 2017

Reports: Wells Fargo to be fined $1B as early as Friday

The New York Times and other news outlets are reporting that federal regulators plan to fine Wells Fargo as much as $1 billion as early as Friday for abuses tied to its auto lending and mortgage businesses......»»

Category: topSource: foxnews3 hr. 10 min. ago

Fed official: It"s too early to ease post-crisis rules on US banks

A top Federal Reserve official says it's too early to ease post-crisis rules on the nation's banks, especially at a time of growing risk in the financial system......»»

Category: topSource: money10 hr. 25 min. ago

Tesla Could Benefit From China"s New Rules for Foreign Car Companies

China’s announcement that it will ease its strict joint-venture rules on foreign auto makers could benefit Tesla at the same time the Silicon Valley auto maker needs a charge......»»

Category: smallbizSource: wsj19 hr. 40 min. ago

Tesla Could Benefit from China"s New Rules for Foreign Auto Makers

China’s announcement Tuesday that it will ease its strict joint-venture rules on foreign auto makers could benefit Tesla at a time when the Silicon Valley auto maker needs a charge......»»

Category: smallbizSource: wsjApr 18th, 2018

China to Ease Rules on Foreign Auto Makers

China said it will phase out rules requiring foreign auto makers to share their factory ownership and profits with Chinese companies by 2022, answering U.S. calls for a level playing field in the world’s biggest auto market......»»

Category: smallbizSource: wsjApr 17th, 2018

The Wall Street Journal: China to ease rules on foreign auto makers after U.S. calls for level playing field

China said Tuesday it will phase out rules requiring foreign auto makers to share their factory ownership and profits with Chinese companies by 2022.......»»

Category: topSource: marketwatchApr 17th, 2018

Fed proposes capital rule change to soften impact of new accounting standards

WASHINGTON (Reuters) - The U.S. Federal Reserve on Friday proposed revising bank regulatory capital rules to ease the impact of new international accounting standards for credit losses......»»

Category: topSource: reutersApr 13th, 2018

Wells Fargo faces $1 billion fine from loan abuses

(Reuters) - Two U.S. regulators have proposed Wells Fargo & Co pay $1 billion in penalties to resolve probes into auto insurance and mortgage lending abuses at the third largest U.S. bank, overshadowing its first quarter results......»»

Category: topSource: reutersApr 13th, 2018

Wells Fargo faces $1-bn fine from regulators for auto, mortgage loan issues

(Reuters) - Wells Fargo & Co has been offered a penalty of $1 billion by regulators to resolve outstanding investigations related to auto insurance and mortgage lending abuses, the third-largest U.S. bank by assets said on Friday......»»

Category: topSource: business-standardApr 13th, 2018

Wells Fargo faces $1 billion fine to settle loan abuses

Regulators have offered Wells Fargo & Co a penalty of $1 billion to resolve outstanding investigations related to auto insurance and mortgage lending abuses, the third-largest U.S. bank by assets said in its first quarter results on Friday......»»

Category: topSource: moneycentralApr 13th, 2018

Wells Fargo faces $1 billion fine to settle loan abuses

(Reuters) - Regulators have offered Wells Fargo & Co a penalty of $1 billion to resolve outstanding investigations related to auto insurance and mortgage lending abuses, the third-largest U.S. bank by assets said in its first quarter results on Friday......»»

Category: topSource: reutersApr 13th, 2018

Nationstar Mortgage fined $5M for NY bank law violations

Regulators in New York have fined Nationstar Mortgage $5 million for violations of the state’s banking rules. State Department of Financial Services Superintendent Maria Vullo announced the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 12th, 2018

Govt relaxes rules for Coal India to ease coal-bed methane extraction

The Cabinet today relaxed rules for state-owned Coal India Ltd for extraction of natural gas lying below coal seams in its blocks in a bid to quickly boost production. Till now, Coal India Ltd had to apply to oil ministry for a.....»»

Category: topSource: business-standardApr 11th, 2018

Wells Fargo fine of up to $1B said weighed by Mulvaney

The lender is faulted for auto insurance and mortgage lending abuses......»»

Category: topSource: foxnewsApr 9th, 2018