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Interest Rates
- US: H15 -0.47 2011-07-14 FRB Market yield on U.S. Treasury securities at 5-year constant maturity, quoted on investment basis, inflation-indexed
- US: H15 0.06 2011-07-14 FRB Federal funds effective rate
- US: H15 0.09 2011-07-14 FRB 30-Day AA Nonfinancial Commercial Paper Interest Rate
- US: H15 0.97 2011-07-14 FRB Rate paid by fixed-rate payer on an interest rate swap with maturity of three year.
- US: H15 0.12 2011-07-14 FRB 60-Day AA Nonfinancial Commercial Paper Interest Rate
Trade (FTC)
- FTC Will Not Enforce Provisions of MARS Rule Against Real Estate Professionals Helping Consumers Obtain Short SalesThe Federal Trade Commission today issued a statement announcing that it will forbear from enforcing most provisions of its Mortgage Assistance Relief Services (MARS) Rule against real estate brokers and their agents who assist financially distressed consumers in obtaining short sales from their lenders or servicers. […]
- FTC Will Not Enforce Provisions of MARS Rule Against Real Estate Professionals Helping Consumers Obtain Short Sales
Commerce News
- NTIA Testimony on Internet PrivacyTestimony of Lawrence E. Strickling, Assistant Secretary for Communications and Information, on Internet Privacy: The Views of the FTC, the FCC, and NTIA, before the Subcommittee on Commerce, Manufacturing, and Trade and Subcommittee on Communications and Technology, Committee on Energy and Commerce, United States House of Representatives. […]
- NTIA Testimony on Internet Privacy
Small Business News
- Letter dated 07/6/2011 - Department of Labor, Employment and Training AdministrationLanding page summary: Wage Methodology for the Temporary Non-Agricultural Employment H-2B Program; Amendment of Effective Date VIA ELECTRONIC SUBMISSION read more […]
- Letter dated 07/6/2011 - Department of Labor, Employment and Training Administration
Monetary Policy
Cost Estimates
- H.R. 2445, State and Local Funding Flexibility ActCost estimate for the bill as ordered reported by the House Committee on Education and the Workforce on July 13, 2011 […]
- H.R. 1383, Restoring GI Bill Fairness Act of 2011Cost estimate for the bill as ordered reported by the House Committee on Veterans' Affairs on May 12, 2011 […]
- H.R. 1280, A bill to amend the Atomic Energy Act of 1954 to require Congressional approval of agreements for peaceful nuclear cooperation with foreign countries, and for other purposesCost estimate for the bill as amended by the House Committee on Foreign Affairs on April 14, 2011 […]
- H.R. 2445, State and Local Funding Flexibility Act
Banking
- OCC Enforcement ActionsThe Office of the Comptroller of the Currency (OCC) today released new enforcement actions taken against national banks and individuals currently and formerly affiliated with national banks. […]
- OCC Enforcement Actions
Credit Risk Management
The federal bank regulatory agencies today issued guidance to help ensure banking organizations practice effective counterparty credit risk (CCR) management. The guidance, issued by the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Office of Thrift Supervision, builds on existing supervisory guidance and outlines effective industry practices for CCR management.
CCR is the risk that the counterparty to a transaction defaults or deteriorates in creditworthiness before the final settlement of the transaction.
The guidance is intended primarily for use by banking organizations with large derivatives portfolios, as well as for supervisors as they assess and examine such institutions’ CCR management. The guidance emphasizes that banking organizations should use appropriate reporting metrics and exposure limits systems, have well-developed and comprehensive stress testing, and maintain systems that facilitate measurement and aggregation of CCR across the organization. The guidance also includes sound practices for risk control functions including, but not limited to, validating models and systems, ensuring independent risk management and internal audit processes, and managing legal and operational risks.