Remove category cryptocurrency
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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

Director Chopra discussed potential resolutions on the hypothetical failure of three categories of systemically important financial institutions: (1) domestic systemically important financial institutions; (2) nonbank systemically important financial institutions; and (3) global systemically important banks. For more information, click here.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

Small Business Administration (SBA) began implementing additional policies aimed at expanding small business access to capital by modernizing SBA’s signature 7(a) and 504 loan programs. Banks reported that lending standards are currently on the tighter end of the range for all loan categories. For more information, click here.

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9 Best Investments to Increase Your Wealth in 2023

Credit Corp

The best investments The best investments right now to grow your wealth include: High-yield Savings Accounts Short-term Certificates of Deposit (CDs) Government Bonds Corporate Bonds Real Estate and REITs Individual Stocks Index Funds Exchange-traded Funds (ETFs) Cryptocurrency 1.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

The blog post posited that closing costs significantly impact a borrower’s financial commitment and, potentially, monthly payments and identified a “noticeable increase” in closing costs, with median total loan expenses on home purchase loans increasing by 21.8% between 2021 and 2022. For more information, click here.

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What Does “Six Figures” Mean and How Can You Earn It?

Credit Corp

Roles in this category often require preliminary and on-the-job training, as well as multiple certifications. Choosing this route can also help you avoid some of the most frequent student loan mistakes , such as borrowing more money than you need and slowing down your financial growth. Avoid student loans to the best of your ability.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

PACE loans, secured by a property tax lien on the borrower’s home, are often promoted as a way to finance clean energy improvements, such as solar panels. Senator Cynthia Lummis (R-WY) stated their belief that President Biden will sign the first comprehensive cryptocurrency regulatory scheme into law within the next year.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

If enacted, the bill would provide a two-year safe harbor exemption from SEC-initiated enforcement actions to entities that facilitate transactions of cryptocurrencies that the SEC deemed as securities. Senator Bill Hagerty (R-TN) introduced a crypto-related bill in the Senate. The text of the bill is currently unavailable.