Agencies Issue Final Rule for Mortgage Loans Modified Under the Home Affordable Mortgage Program

Six federal financial regulatory agencies today issued the final rule that establishes new appraisal requirements for "higher-priced mortgage loans."

MANY of the charges most frequently leveled against the economic policymaking record of Barack Obama are overstated. Businesses in general are not being victimised: corporate earnings and profit margins are both at record highs. There has been no widespread confiscation and redistribution of wealth: the rich have captured virtually all of the GDP gains since the recovery began.

(ArksEndeavors)

The federal banking and thrift regulatory agencies today announced the final risk-based capital rule related to the Financial Accounting Standards Board's adoption of Statements of Financial Accounting Standards Nos. 166 and 167.

The federal banking and thrift regulatory agencies today announced final Community Reinvestment Act (CRA) rule to implement a provision of the Higher Education Opportunity Act.