Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
A Kansas bank vice president and former adviser at the U.S. Department of Homeland Security has been appointed to be state bank commissioner by Gov. Sam Brownback. On Tuesday, Brownback said he was nominating Miki Bowman, of Council Grove, to lead Kansas' regulation of state-chartered banks and trust companies, savings and loan companies, mortgage businesses, supervised lenders and money transmitters.
President-elect Donald Trump said in an interview Sunday that his executives would run his business empire alongside his children, pushing back against charges that his vast real estate holdings would pose a conflict of interest for him in the White House. Trump has said he will leave day-to-day control of his business but has not yet offered details of how he intends to separate himself.
Steven Mnuchin, president-elect Donald Trump's nominee to be treasury secretary, said Fannie Mae and Freddie Mac should leave government control and that the incoming administration "will get it done reasonably fast." The comments, which came in an interview on Fox Business, sent shares of the mortgage-finance giants soaring Wednesday.
Nov 30 Royal Bank of Scotland still faces challenges from past misconduct and bad assets, Bank of England Governor Mark Carney said on Wednesday after the British lender failed the central bank's latest stress test. The BoE ruled that RBS must boost its capital buffers, an unexpected result that underlines a litany of problems that RBS is grappling with.
Nov 29 The U.S. lawmakers who helped bring the Consumer Financial Protection Bureau into being rose to defend it on Tuesday, urging the full U.S. Court of Appeals for the District of Columbia to review a ruling that poses an existential threat to the agency. In an amicus brief, 21 current and former members of Congress said the whole court should review a decision reached by three of its judges in October that the CFPB's sole director has too much power and that the President should have power to fire the director.
Heartbreaking moment Brazilian soccer player killed along with 75 others in Colombian jet crash found out he was to become a father... just ONE WEEK before he lost his life in plane tragedy Heartbreak in the locker room: Anguished Chapecoense players who were not on board the doomed flight with their Brazilian team-mates react with shock as they learn of Colombian plane tragedy Son of Chapecoense manager - who was killed in the Colombian plane crash - reveals he missed the doomed flight to because he FORGOT his passport 'Thank God Alan is in hospital.
U.S. banks' earnings in the July-September period jumped nearly 13 per cent from a year earlier as continued growth in lending fueled interest income. The data issued Tuesday by the Federal Deposit Insurance Corp. showed strength in the banking industry more than eight years after the financial crisis struck.
Local residents impacted by Hurricane Matthew have more time to register for assistance, so officials want everyone to get registered and know the facts about receiving aid. The deadline to register for assistance from the Federal Emergency Management Agency is Jan. 9. That's a month beyond the original Dec. 9 registration deadline.
College football player 'shot dead his cheerleader girlfriend while she slept' - before posting an emotional tribute for her just hours before his arrest INNOCENT! Texas women known as the 'San Antonio 4' declared not guilty after serving 15 years in prison for child sex crimes they did not commit Dachshund owners sue PetSmart over dog's death after his 'limp and broken body' was found with blood foaming from his mouth following a grooming appointment Eminem's ex-wife gets probation for DUI crash in which she tried to kill herself by driving into a pole Madonna's son Rocco Ritchie, 16, 'hangs around with teens from a council estate and tries to get served in pubs,' neighbours reveal after his arrest for possessing cannabis Chattanooga school bus driver was involved in another collision just two months ago - and only got his license to drive the vehicle in April Before the great clean-up ... (more)
With some in the finance industry salivating over the prospect of deregulation under Donald Trump, a key power broker is emerging who might bring headaches for Wall Street. House Financial Services Committee Chairman Jeb Hensarling has already been rumored as a potential Treasury Secretary under Trump and he's got a plan at his fingertips for ripping up and replacing the Dodd-Frank Act.
That scares its critics, which consider Breitbart News the home of cheerleaders rather than journalists - and often offensive ones at that. Despite the opponents, Breitbart is unquestionably on a high following the surprise election of Trump, whose candidacy the web site unceasingly backed both before and after its leader, Stephen K. Bannon, was brought in to run the general election campaign.
European banks may reach faster, less costly settlements with the U.S. Department of Justice as a result of Donald Trump's unexpected triumph in the U.S. presidential election, according to Barclays Plc analysts. "Some Democrat appointments at the DoJ have only a few weeks left before they are replaced," London-based analysts Mike Harrison and Jeremy Sigee wrote in a note to clients on Friday.
For the fourth year in a row, retail customers of Nebraska Public Power District will see no increase in overall retail rates in 2017 following approval Thu... -- A gunman is on the loose after a protester was shot during an anti-Donald Trump demonstration early Saturday morning in Portland, Oregon, according to poli... -- Four people were killed and 17 others were injured in a deadly Taliban suicide bomb attack inside Bagram Airfield, the large U.S. military base in Afghanistan." I am... Financial stress in the farm sector is continuing to make a slow and steady climb.
The president of the five-campus University of Massachusetts system has purchased a $975,000 condo on the Boston waterfront, records show. Martin T. Meehan recently closed on a unit in the luxury Harbor Towers complex at 65 E. India Row, according to the Suffolk Registry of Deeds online database.
Mortgage industry observers are still sorting out the election results to determine what, if any, adjustments are needed to expectations for 2017 origination volume. Rising interest rates will trigger a downturn in refinance activity in 2017, while purchase originations will rise, the Mortgage Bankers Association said in its most recent industry forecast.
"There's nothing in the plan that currently would bring that under attack," said Steve Calk, chairman and chief executive officer of The Federal Savings Bank, and a member of Trump's economic advisory council. Any plans President-elect Donald Trump may have for tax reform don't include cutting the mortgage interest deduction, according to a member of Trump's economic advisory council .
The "requirements for a building to qualify for that 35% threshold are strict, and we'll be making the case that the 35% threshold should apply equally to all buildings otherwise eligible for FHA approval," says Bill Brown, president of the National Association of Realtors. WASHINGTON - When the Federal Housing Administration recently announced a reduction in its 50% owner-occupancy requirement for FHA-approved condominium developments, the National Association of Realtors called it a "big win."
The GOP folks scattered all over the country who will be answering President-elect Trump's calls to serve in his administration will soon be moving in. They'll be buying condos and mini-mansions and tooling around the streets in those dark sedans and taking the private tables in the city's steakhouses.
One of the nation's most closely watched House races, the bitter campaign between Democratic newcomer Josh Gottheimer and Republican Rep. Scott Garrett ended Tuesday with the polls closed and the counting underway. Mirroring the presidential race, the campaign featured bitter allegations including bigotry, bribery, forgery and assault, and it shattered records for expenditures, with Gottheimer and Garrett each spending at least $4 million while outside groups and super PACs added another $6 million on GottA heimer's side.