Compliance

The wife of the nation’s most prominent socialist legislator is the subject of a federal investigation regarding her role in the ultimate capitalist nightmare: A failed real estate deal
The wife of the nation’s most prominent socialist legislator is the subject of a federal investigation regarding her role in the ultimate capitalist nightmare: A failed real estate deal.   According to an Associated Press report, Jane O’Meara Sanders, the wife of Sen. Bernie Sanders (I-VT), is the... Keep Reading....
Altisource Portfolio Solutions has announced the expansion of its Vendorly platform, a vendor oversight platform for financial institutions
Altisource Portfolio Solutions has announced the expansion of its Vendorly platform, a vendor oversight platform for financial institutions. The platform launched last year exclusively for members of the Lenders One Cooperative, a national alliance of independent mortgage bankers, and is now... more
The House Financial Services Committee passed the Financial CHOICE Act (H.R. 10) in a 34-26 vote along party lines
The House Financial Services Committee passed the Financial CHOICE Act (H.R. 10) in a 34-26 vote along party lines.   The legislation is designed to put the Consumer Financial Protection Bureau (CFPB) under Congress’ oversight and add new limits to its enforcement authority. It would also allow... more
CBCInnovis, a provider of mortgage credit and data validation services, has announced the availability of its 4506-T IRS tax transcript verification services with Day 1 Certainty from Fannie Mae
CBCInnovis, a provider of mortgage credit and data validation services, has announced the availability of its 4506-T IRS tax transcript verification services with Day 1 Certainty from Fannie Mae.   With direct ties to sister company DataVerify, an authorized report supplier for Day 1 Certainty,... more
The Federal Reserve, at the discretion of the Federal Open Market Committee (FOMC), has decided to raise interest rates for the second time in three months, raising the lending rate by a quarter percentage point from one percent to 1.25 percent
The Federal Reserve has decided that now is not the right time for another rate hike.   In a unanimous vote, the central bank’s Federal Open Market Committee (FOMC) stated that “economic conditions will evolve in a manner that will warrant gradual increases in the federal funds rate; the federal... more