Month: December 2017

Critics complain current system outdated and locks millions out of home ownership

Access Investing, aimed at its wealthy clients’ children, follows its competitors

Credit unions at risk of failure as loan losses mount

SAC founder’s new venture aims to charge some of the industry’s highest fees

Oriental Bank in San Juan was ordered to pay just over $153,000 for failing to notify borrowers that they were required to purchase flood insurance. The fine was one of several November enforcement actions made public Friday by the FDIC.

Pershing Square and Valeant were accused of improper trading ahead of 2014 bid for Botox maker

Inside, a look at the state of policy play on a range of key industry issues that may impact 2018 midterm elections.

The Protocol for Broker Recruiting, signed in 2004, was designed to mitigate lawsuits when advisers left to join a competitor. Recent high-profile defections have raised concerns that the accord could unravel.

A regulatory relief package is likely to come out of the Senate in the new year, and lawmakers could follow it up with a housing finance reform push. But the midterm election could cause some reform initiatives to grind to a halt.

In his current position as chair of the National Credit Union Administration, J. Mark McWatters has publicly advocated for cutting back the CFPB’s oversight of the credit union industry.