Looking for BSAAGing Rights? FinCEN Seeking Nominations 12/26/2021 04:05 pm WASHINGTON–The Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) is seeking nominations for new members of its Bank Secrecy Act Advisory Group (BSAAG). New members will be selected for three-year membership terms.
FHFA Issues Final Rule for Fannie’s, Freddie’s 2022-24 Housing Goals 12/26/2021 04:06 pm WASHINGTON—The Federal Housing Finance Agency (FHFA) has issued a final rule for the government sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, that establishes housing goals for 2022-2024.
Economist Doesn’t Expect Omicron, Rate Increases to Put Much of a Dent in Booming Home Market 12/28/2021 07:29 pm ARLINGTON, Va.— Don’t look for the effects of the Omicron variant or potential rate increases in 2022 to put much of a dent in the robust housing market, one economist is forecasting.
Growth in Home Prices Slows for Second Straight Month, But Overall Prices Still Way Up Over 1 Year Ago 12/28/2021 07:29 pm NEW YORK–The growth of home prices in the U.S. slowed for the second straight month in October, an indication that the hot housing market may be starting to cool at least a bit.
Treasury Official Says Regulators Prepared to Rein in Stablecoins 12/28/2021 07:34 pm WASHINGTON—A top U.S. Treasury official said financial regulators are prepared to extend existing authorities to rein in stablecoins, although Treasury hopes instead Congress will move on key legislation to regulate the space.
Analysis Suggests New Mobile Payments Rules in China Aimed at Paving Way for Digital Currency 12/28/2021 09:05 pm BEIJING—China is introducing new rules for mobile payments in a move some experts say could pave the way for the future deployment of the country’s central bank digital currency — the e-CNY.
More C-Level Positions Added to The Gig 12/28/2021 08:10 pm ROYAL OAK, Mich.–Several more C-suite positions have been added to CUToday.info’s free job board, The Gig.
Indicator of Student Loan Borrowers Most Likely to Default is Identified in New Report from Pew Charitable Trusts 12/29/2021 07:37 pm WASHINGTON–A new report from Pew Charitable Trusts has found student loan borrowers with early repayment troubles are 2.5-times more likely to default.