Business and Financial

May 17, 2017

EAST LANSING – The U.S. Department of Agriculture is announcing what is likely the final opportunity for Michigan farmers to receive 2017 conservation funds. Funding remains for several 2017 conservation initiatives and farmers have until June 16 to submit their…

Apr 13, 2017

The Securities and Exchange Commission today announced an emergency court order to freeze assets in two brokerage accounts used last week to reap more than $1 million in alleged insider trading profits in connection with a merger announcement by telecommunications…

Mar 6, 2017

The Federal Deposit Insurance Corporation (FDIC) has issued "Credit Risk Trends and Supervisory Expectation Highlights," which appears in the Winter 2016 issue of Supervisory Insights. The article identifies trends in credit risk and emphasizes to bankers and examiners that now…

Jan 23, 2017

WASHINGTON—The federal banking agencies fined ServiceLink Holdings, LLC (ServiceLink Holdings), $65 million for improper actions by its predecessor company, Lender Processing Services, Inc. (LPS), which resulted in significant deficiencies in the foreclosure-related services that LPS provided to mortgage servicers. The…