Wednesday , 21 October 2020

DS News

DS News

House Committee Issues Subpoenas to DOJ, Treasury, New York Fed

By Brian Honea The Committee is accusing the U.S. Department of Justice, the Treasury Department, and the Federal Reserve Bank of New York of obstructing active investigations by withholding crucial information. According to the Committee’s announcement, the three agencies were warned that their failure to comply with the Committee’s request to turn over the information would result in the issuance …

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Signs Indicate More Wage Growth is Coming, But It Can Still Be Tough to Accurately Predict

By Brian Honea Knotek states in his report that despite recent signs pointing to an imminent increase in worker compensation, factors such as slack in the labor market, bargaining power, worker productivity, inflation, and many other variables and factors, make wage growth impossible to accurately forecast. The post Signs Indicate More Wage Growth is Coming, But It Can Still Be …

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Auction.com Welcomes New VP of Engineering

By Brian Honea California-based online real estate marketplace Auction.com has named Bin Xu as VP of engineering for the company’s Silicon Valley office, according to an announcement from Auction.com. The post Auction.com Welcomes New VP of Engineering appeared first on DSNews. Via:: Auction.com Welcomes New VP of Engineering       

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FDIC Director Submits Resignation Effective June 5

By Brian Honea Federal Deposit Insurance Corporation (FDIC) Director Jeremiah O. Norton has resigned from that position effective June 5, according to an announcement from the FDIC. The post FDIC Director Submits Resignation Effective June 5 appeared first on DSNews. Via:: FDIC Director Submits Resignation Effective June 5       

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DS News Webcast: Monday 5/11/2015

By Jordan Funderburk The government’s Home Affordable Refinance Program and Home Affordable Modification Program will be extended until the end of 2016, according to an announcement from FHFA Director Mel Watt on Friday. Speaking at the Greenlining Institute 22nd Annual Economic Summit, Watt announced the one-year extension of the government’s two affordable housing programs, which began in 2009 … The …

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New York Appeals Court Revives CDO Fraud Suit Against Goldman Sachs

By Brian Honea The suit was dismissed by the Appellate Division of the New York Supreme Court in May 2013 on the grounds that ACA Financial, as a “highly sophisticated commercial entity” should have done its research on the securities before purchasing The post New York Appeals Court Revives CDO Fraud Suit Against Goldman Sachs appeared first on DSNews. Via:: …

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FHFA Announces Extension of HARP and HAMP Until the End of 2016

By Brian Honea The government’s Home Affordable Refinance Program (HARP) and Home Affordable Modification Program (HAMP) will be extended until the end of 2016, according to an announcement from FHFA Director Mel Watt on Friday. Speaking at the Greenlining Institute 22nd Annual Economic Summit, Watt announced a one-year extension of the government’s two affordable housing programs, which began in 2009 …

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