Tag: finance
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Senate makes it Harder to Sue Financial Institutions
The Senate has rejected a Consumer Financial Protection Bureau (CFPB) bill that would have made it easier for consumers to sue financial institutions in court. Historically, banks and credit card companies have included arbitration clauses in their financial contracts, preventing people from grouping their resources in class-action lawsuits; the Senate’s ruling enables the continuation of…
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Teaming with NAWRB in Procurement Contracting
NAWRB’s procurement contract bidding schedule is brimming with opportunities across the housing ecosystem, from executive coaching and asset management to construction and technology. With all of the Requests for Proposals (RFP) we receive, utilizing the power of teaming with other professionals and companies has been an effective tool to help satisfy contract demands while positioning…
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California Passes 12-Week Family Leave for Small Businesses
California Governor Jerry Brown has signed the New Parent Leave Act (SB 63) enabling 2.6 million small business workers to take 12 weeks of unpaid family leave without having to worry about losing their jobs. The new bill will go into effect on January 1, 2018.
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Increasing the Odds: Building the Female Executive
If you have had the privilege of meeting with senior managers at mortgage and finance companies, you will notice they are overwhelmingly filled with middle-aged, white men. According to Catalyst, women currently hold only 5.8 percent of CEO positions at S&P 500 companies. This tells us that despite all of the progress, women simply have…
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Subcommittee on Housing and Insurance Examines Family Self-Sufficiency Program
Today, the Subcommittee on Housing and Insurance held a hearing to review the Family Self-Sufficiency Program (FSS), a program that helps “enables HUD-assisted families to increase their earned income and reduce their dependency on welfare assistance and rental subsidies.”
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More than 40 Percent of Adults Struggle to Make Ends Meet
In their first national survey on financial well-being, the Consumer Financial Protection Bureau (CFPB) has found that over 40 percent of U.S. adults have a hard time making ends meet. Utilizing a 10-question survey, the National Financial Well-Being Survey provides the “first-ever national data directly measuring the financial well-being of U.S. consumers.”
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Home Prices Rose 6.3 Percent in the Past Year
According to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI), U.S. house prices increased .2 percent from June to July 2017. The monthly index calculates home prices by utilizing mortgage information from Freddie Mac and Fannie Mae. From July 2016 to July 2017, house prices in the U.S. climbed 6.3…
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Case Study: Have You Been A Victim of Stolen Funds?
There are few worst feelings than suddenly losing something you worked truly hard on, from an essay to an event or even a personal project. Imagine the hidden danger of losing everything you’ve worked for your entire life, your business, your home, even your retirement fund.
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Financial Services Committee to hold Hearing on Equifax Breach
The House Financial Services Committee (FSC) has announced that it will hold a hearing on the Equifax data breach that took place earlier this week. The breach, which was publicized on September 7, could potentially affect 143 million American consumers, as private information such as names, Social Security numbers, birth dates, credit card numbers and…
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Happy 4th of July from NAWRB!
NAWRB wishes you a happy American Independence Day! From the delicious cookouts and parades to concerts and the lively fireworks at night, the 4th of July is always a day to remember. In commemoration of Independence Day, we’ve compiled interesting facts about the observance and history of the 4th of July.