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DOL Updates Factors For Selecting Plan Investments

Burr Forman

Department of Labor (the “DOL”) released a Final Rule to “provide clear regulatory guideposts for fiduciaries of private-sector retirement and other employee benefit plans in light of recent trends involving environmental, social and governance (ESG) investing.” The Final Rule amended the regulations (29 C.F.R. the “tie-breaker factor”).

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[Client Alert] Outbreak Period Nightmare: Employee Benefit Deadline Extensions Now Based on Individual Case-by-Case Basis

Fraser

government took the following action as authorized by ERISA Section 518: 2020 Disaster Relief Notice. Department of Labor’s Employee Benefits Security Administration (EBSA) issued EBSA Disaster Relief Notice 2020-01 (Disaster Relief Notice). Answer: EBSA Disaster Relief Notice 2021-01 (Released Friday, February 26, 2021).

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Cash Flow Data Can Improve Credit Access with an UltraFICO® Score

Fico Collections

Thu, 08/22/2019 - 12:37. Thu, 01/05/2023 - 16:00. But the optimism around the potential of incorporating cash flow isn’t limited to FICO – we’ve been excited to see recent initiatives by the government-sponsored enterprises , for example, to consider cash flow as part of mortgage underwriting.]. FICO Admin. by Joanne Gaskin.

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The State of Responsible AI in Financial Services

Fico Collections

Thu, 12/19/2019 - 16:29. Wed, 01/18/2023 - 22:50. government regulation at this moment, self-regulation will keep financial services firms “on the rails” of ethical AI use, mitigating bias and imbuing responsibility. . FICO Admin. by Scott Zoldi. Chief Analytics Officer. expand_less Back To Top.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

As part of a series of reports focusing on trends in the consumer financial marketplace, the new research uses data on auto loan, student loan, and credit card accounts opened between 2012 and 2019. With the rise of ransomware attacks and remote work, businesses and governments alike can take guidance from this directive.

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Risk and Lending Predictions 2023: Hyper-Personalisation and More

Fico Collections

The combination of events prompted unprecedented levels of financial support being provided by governments around the world to both individuals and businesses to enable them to survive the economic consequences.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

million disbursed for 2019. million disbursed for 2019. The court determined that decisions to enact eviction moratoriums rest with the state and not the federal government. 58 as of 12:01 a.m. Department of Housing and Urban Development for the Housing Trust Fund, an increase from the $326.4 On February 24, U.S.