Federal Reserve fines Regions Bank $2.95 million for ‘unsafe’ flood insurance program

The Federal Reserve System this week fined Birmingham, Ala.-based Regions Bank $2.95 million for “unsafe and unsound practices in its flood insurance compliance program and for flood insurance regulatory violations,” according to the Fed.The Board fined Regions “for its failure to effectively monito
Read MoreTom Ferry coach on real estate recruiting in today’s market

There’s no denying that this market will last for longer than a year. It’s time to take control of your business and plan for your future. We caught up with Emily Kettenburg, a seasoned coach with Tom Ferry, at the Tom Ferry Success Summit in Dallas where she shared her insights on the current trend
Read MoreSupreme Court won’t allow Republican AGs to join CFPB constitutionality suit

A coalition of 27 Republican state attorneys general led by Patrick Morrisey of West Virginia was denied the option to join oral arguments against the Consumer Financial Protection Bureau (CFPB) by the U.S. Supreme Court in a case that will decide the constitutionality of its funding source, and whi
Read MoreRep. Waters wants concessions in ICE-Black Knight settlement agreement

Rep. Maxine Waters, the ranking member of the House Committee on Financial Services, is concerned about the Federal Trade Commission settlement agreement that will allow Intercontinental Exchange Inc. (ICE) and Black Knight to merge.“In addition to potentially creating a housing finance conglomerat
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