Compliance

President Trump is reportedly considering to fill the soon-to-be-vacant Director’s office at the Consumer Financial Protection Bureau (CFPB) with Mick Mulvaney, Director of the Office of Management and Budget
A coalition of 17 Democratic State Attorneys General sent a letter to President Trump demanding the removal of Mick Mulvaney as Acting Director of the Consumer Financial Protection Bureau (CFPB).   The Attorneys General cited Mulvaney’s comments that the Agency was a agency as “a joke” that... Keep Reading....
Senate Republicans released their version of the tax reform plan that differs from the House of Representatives’ proposal in regard to the controversial decision to cut the mortgage interest deduction
Senate Republicans released their version of the tax reform plan that differs from the House of Representatives’ proposal in regard to the controversial decision to cut the mortgage interest deduction.   The Senate plan would main deductions on interest for mortgage debt for up to $1 million. The... more
ACES Risk Management (ARMCO) has announced that Guaranteed Rate has selected the company’s quality control and compliance software, ACES Audit Technology, for its quality control processes
ACES Risk Management (ARMCO) has announced that Guaranteed Rate has selected the company’s quality control and compliance software, ACES Audit Technology, for its quality control processes.   “Innovative companies like Guaranteed Rate know that a strong QC platform is a key component to growth and... more
In what is arguably the least surprising political news of the year, Richard Cordray is announcing his candidacy for the 2018 Democratic nomination to become the next governor of Ohio
The Director of the Consumer Financial Protection Bureau (CFPB) was cleared by a federal watchdog agency of potential violations of the Hatch Act for using his office to potentially position himself as a candidate for the 2018 Democratic nomination to become Ohio’s next governor.   The National Law... more
New York Federal Reserve Bank President William Dudley will retire in mid-2018, ahead of the January 2019 conclusion of his terms
New York Federal Reserve Bank President William Dudley will retire in mid-2018, ahead of the January 2019 conclusion of his terms.   CNBC is reporting that the 64-year-old Dudley privately informed colleagues of his plans, adding that his decision was not related to President Trump’s snubbing of... more