Treasury Department Tightens Mortgage-Lending Regulation for CDFIs
The U.S. Treasury Department is narrowing an exemption used by some mortgage lenders to offer “no doc” loans. The exemption...
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Micron, Meta, Ford, Foot Locker, PacWest, and More Stock Market Movers
Meta Platforms (META) was down 1.3% after the parent of Facebook was fined $1.3 billion by privacy regulators in the...
World Bank raises outlook for East Asia, says banking sector is sound
The East Asia and Pacific region is projected to expand by 5.1% in 2023, up from the 4.6% it forecast...
Citigroup (C) earnings Q3 2022
Citigroup said Friday that its third-quarter earnings fell 25% as it bulked up its credit loss provisions and investment banking...
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