More than half of public sector leaders are unaware of new money laundering regulations
Source: HRnews
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More than half of public sector leaders are unaware of new money laundering regulations
HRnews 06/11/2020
New research has found that those working in leadership roles within the public sector are the least aware of new money laundering regulations…
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U.S. retail sales soared a record 17.7% in May, double forecast
PaymentsSource 06/16/2020
U.S. retail sales jumped in May by the most on record and double forecasts, regaining more ground than expected after unprecedented drops the prior two months as states allowed more merchants to reopen…
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Small players get reprieve as FHFA rethinks tighter counterparty rules
National Mortgage News 06/15/2020
The Federal Housing Finance Agency and its director, Mark Calabria, will reconsider a proposal that would have increased some requirements for mortgage companies working with the government-sponsored enterprises…
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FINRA Extends COVID-19 Remote Work And Deadline Relief
Law360 06/12/2020
The Financial Industry Regulatory Authority has issued a new rule allowing staff to continue serving documents electronically and giving oral arguments via videoconference — while upholding various COVID-19-related deadline extensions — until July 31 “in order to cope with the current pandemic conditions…
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Mortgage forbearance growth rate comes to near halt: MBA
National Mortgage News 06/15/2020
Growth in the coronavirus-related mortgage forbearance rate was nearly flat, increasing 2 basis points between June 1 and June 7, according to the Mortgage Bankers Association…
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