Month: January 2015
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FDIC Encourages Different Approach for Assessing Customers
Today, the Federal Deposit Insurance Corporation (FDIC) released a Financial Institution Letter that applies to all FDIC-supervised institutions regarding the assessment approach used for evaluating customers. The letter encourages a risk-based approach in assessing the services that can be provided to customers, as opposed to denying banking services to…
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Impact Investment Fund Tripled in Last 12 Months
The U.S. Small Business Administration (SBA) has announced today the threefold growth of the Impact Investment Fund of the Small Business Investment Company (SBIC) program. In the last 12 months, the fund has tripled.
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NAWRB Welcomes New Member, Patty Arvielo, President Of New American Funding
Irvine, CA – 01/5/2015 – Patty Arvielo, President of New American Funding, has become one of the latest members of the National Association of Women in Real Estate Businesses (NAWRB), adding to NAWRB’s collective voice for women in the housing economy. With over 30 years of experience in the mortgage industry, Arvielo has been instrumental…
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FIVE MINUTES WITH
GET TO KNOW INDUSTRY EXECUTIVES BEYOND THE BOARDROOM Desirée Patno FOUNDER AND PRESIDENT OF THE NATIONAL ASSOCIATION OF WOMEN REO BROKERAGES If the election showed the country nothing else, it showed that women, as a collective, have an undeniable voice in issues that matter. However, in the vastness that is American politics, one key issue…
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Breaking News: President Obama To Announce Decrease In FHA Premiums
In an effort to make home buying more accessible for first-timers, President Barack Obama has set out to decrease the Federal Housing Administration (FHA) mortgage-insurance premiums. The annual fees the FHA charges will be dropped by o.5 percentage points, according to two people with knowledge of Obama’s plans. The…