Most Requested
bank banking business corporate credit credit cards credit union credit unions debt Earned Income Tax Credit (EITC) economy employment farming federal income taxes Federal Reserve finance free tax help Government identity theft income Internal Revenue Service international IRS issues jobs lending local business marketing money mortgage mortgages problems Processing Amended Returns real estate resume rules sales savings skills small business speaking tax credit Taxes unemployment work-
Categories
Archives
Home | Contact Us | News Archives | Resources
Interest Rates- US: H15 0.14 2010-08-26 FRB Market yield on U.S. Treasury securities at 5-year constant maturity, quoted on investment basis, inflation-indexed
- US: H15 0.19 2010-08-26 FRB Federal funds effective rate
- US: H15 0.19 2010-08-26 FRB 30-Day AA Nonfinancial Commercial Paper Interest Rate
- US: H15 0.99 2010-08-26 FRB Rate paid by fixed-rate payer on an interest rate swap with maturity of three year.
- US: H15 0.23 2010-08-26 FRB 60-Day AA Nonfinancial Commercial Paper Interest Rate
- Trade (FTC)
- FTC Warns Consumers to Exercise Caution When Selling a Timeshare Through a ResellerThe Federal Trade Commission, the nation’s consumer protection agency, offered these tips for people who seek to sell their timeshare through real estate brokers and agents that specialize in reselling timeshares. […]
- FTC Warns Consumers to Exercise Caution When Selling a Timeshare Through a Reseller
- Commerce News
- NTIA Announces Recovery Act Investment to Expand Broadband Internet Access and Economic Opportunities in IllinoisNTIA announced a nearly $9 million American Recovery and Reinvestment Act investment to expand and upgrade public computer centers in locations throughout Chicago and provide technology and job assistance training to residents, with a focus on at-risk youth, senior citizens, people with disabilities, and the unemployed. […]
- NTIA Announces Recovery Act Investment to Expand Broadband Internet Access and Economic Opportunities in Illinois
- Small Business News
- Advocacy Comments on EPA’s Major and Area Source Boilers RulesOn August 23, 2010, the Office of Advocacy submitted comments to the Environmental Protection Agency concerning their proposed National Emission Standards for Hazardous Air Pollutants for Major and Area Sources: Industrial, Commercial, and Institutional Boilers and Process Heaters rule. […]
- Advocacy Comments on EPA’s Major and Area Source Boilers Rules
- Monetary Policy
- Cost Estimates
- A bill to amend title 38, United States Code, to improve Servicemembers' Group Life Insurance and Veterans' Group Life Insurance and to modify the provision of compensation and pension to surviving spouses of veterans in the months ofCost estimate for the bill as ordered reported by the Senate Committee on Veteran's Affairs on August 5, 2010 […]
- H.R. 4195, A bill to authorize the Peace Corps Commemorative Foundation to establish a commemorative work in the District of Columbia and its environs, and for other purposesCost estimate for the bill as ordered reported by the House Committee on Natural Resources on July 22, 2010 […]
- S. 3234, Veteran Employment Assistance Act of 2010Cost estimate for the bill as ordered reported by the Senate Committee on Veteran's Affairs on August 5, 2010 […]
- A bill to amend title 38, United States Code, to improve Servicemembers' Group Life Insurance and Veterans' Group Life Insurance and to modify the provision of compensation and pension to surviving spouses of veterans in the months of
- Banking
- OCC Appoints Receiver for Community National Bank at BartowThe Office of the Comptroller of the Currency (OCC) today appointed the Federal Deposit Insurance Corporation (FDIC) as receiver for Community National Bank at Bartow, Bartow, Florida. […]
- OCC Appoints Receiver for Community National Bank at Bartow
Mortgage Loan Sales
The Federal Reserve Board on Monday announced final rules to implement a statutory amendment to the Truth in Lending Act requiring that consumers receive notice when their mortgage loan has been sold or transferred. The new disclosure requirement became effective in May 2009, upon enactment of the Helping Families Save Their Homes Act. Under that act, a purchaser or assignee that acquires a mortgage loan must provide the required disclosures in writing within 30 days.
To provide compliance guidance and greater certainty on the new requirements, the Board published interim rules in November 2009, which were effective immediately. To allow covered parties time to make any necessary operational changes, they may continue to follow the November 2009 interim rules until the mandatory compliance date for the final rules, which is January 1, 2011.*
Consumers can learn more about mortgage transfer disclosures by accessing a new online publication, “What You Need to Know: New Rules for Mortgage Transfers.” It explains what consumers can expect from their mortgage lenders regarding notification of mortgage transfers.