1 hr ago
Congresswoman Urges OCC to Scrutinize Mortgage Servicing Rights Sales to Nonbank Servicers
Congresswoman Maxine Waters, who serves as the ranking member on the House of Representatives Committee on Financial Services, sent a letter to the Office of the Comptroller of the Currency and the Office of Mortgage Settlement Oversight urging them to carefully scrutinize the sale of mortgage servicing rights from banks to nonbank servicers to ... (more)
Trending on the Topix Network
Fri Mar 07, 2014
House-passed flood insurance bill on Senate floor calendar for next week
Senate Majority Leader Harry Reid is scheduling a vote next week on House-passed legislation that would avert many of the larger premium increases resulting from a 2012 flood insurance law.
Thu Mar 06, 2014
Investment adviser lobbyist: Finra will renew effort to become adviser SRO
The broker-dealer regulator will renew its effort in a future Congress to secure legislation that would allow it to extend its reach to investment advisers, according to a group that represents advisers.
SEC Oversight Advocates Push Fight to Next Level
Top Planning Concerns for UHNW Clients Working with UHNW clients requires more than solid investment management and estate planning, according to advisor Paul Pagnato, founder of the Pagnato-Karp Group.
Insurance Journal West
U.S. Congresswoman: Flood Insurance Bill Bad for Michigan
A U.S. Congresswoman from Michigan wants her state to opt out of the National Flood Insurance Program, saying it's not good for Michigan homeowners.
Wed Mar 05, 2014
The Daily Republic
Garamendi seeks to address flood insurance costs
An unintended problem stemming from a 2012 insurance reform has resulted in unreasonable increases in Northern California flood insurance rates, says Rep. John Garamendi in supporting legislation to address the rate spike.
The Huffington Post
Hillary Clinton Again Criticizes Putin After Comparing His Actions To Those Of Hitler
Russian President Vladimir Putin is a tough but thin-skinned leader who is squandering his country's potential, former U.S. Secretary of State Hillary Clinton said Wednesday, a day after she likened his actions on the Crimean peninsula of Ukraine to those of Adolf Hitler in the 1930s.
U.S. Rep. Terri Sewell to host town hall in Pratt City Friday with Rep. Maxine Waters of...
U.S. Rep. Terri Sewell, D-Birmingham and U.S. Rep. Maxine Waters, D-Los Angeles , will host a town hall meeting at the Pratt City Library on Friday afternoon.
In brief: House votes to cut flood insurance rates - Wed, 05 Mar 2014 PST
In a rare moment of bipartisanship, the House voted overwhelmingly Tuesday to roll back flood insurance rate increases that have devastated many homeowners in coastal communities and dogged lawmakers on the campaign trail.
Pensacola News Journal
Bill would limit flood insurance premium hikes
The House voted overwhelmingly Tuesday to approve bipartisan legislation that would block dramatic increases in premiums paid by some property owners covered under the federal flood insurance program.
Tue Mar 04, 2014
House passes flood-insurance bill from Staten Island Rep. Michael Grimm
The U.S. House of Representatives on Tuesday night passed a bill from Rep. Michael Grimm that repeals steep increases in flood-insurance premiums.
Behind flood bill, a torrent of lobbying
Trade groups in Washington won a major victory Tuesday as the House passed a bipartisan deal on federal flood insurance.
WXOW-TV La Crosse
House pushes bill to ease flood insurance hikes
The House is pressing ahead with legislation to roll back a recently enacted overhaul of the federal flood insurance program after homeowners in coastal areas and near rivers that often overflow their banks complained about sharp premium increases.
With vote nearing on flood insurance bill, conservative groups and Wall Street Journal editorial urges 'no' vote
With a vote slated as early as Tuesday night on a bill averting most large increases in flood insurance premiums, conservative groups, joined by the Wall Street Journal editorial board, are pushing hard for no votes.
Flood insurance rates rising fast
Houses built over the years vary in base-level elevation along the Broadkill Beach shoreline.
Mon Mar 03, 2014
Sen. Landrieu endorses House flood insurance bill -- will urge Senate to pass it
Sen. Mary Landrieu , D-La., Monday endorsed a House flood insurance bill that she called "far from perfect," but sufficient to provide real protections against unaffordable premium increases.
Sat Mar 01, 2014
House Republican says flood deal done
A key House Republican said Saturday that legislation to prevent spikes in flood insurance premiums had been finalized late Friday, but Democrats have yet to sign off on the deal.
Fri Feb 28, 2014
ABA Banking Journal
Could CLOs follow the path of TruPS CDOs?
The Volcker rule effectively prohibits banks from owning most collateralized loan obligations, or CLOs, because the structures usually have more than loans and contain higher-yielding bonds to increase returns offered to investors.
Thu Feb 27, 2014
Bill to revamp consumer agency passes U.S. House, unlikely to become law
The Republican-led U.S. House of Representatives passed a bill on Thursday to overhaul the U.S. consumer financial watchdog, although the politically charged legislation stands little chance of becoming law.