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Mortgage companies could intensify the next recession, US officials warn

Mortgage companies could intensify the next recession, US officials warn
cnn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnn.com Daily Mail and Mail on Sunday newspapers.

United statesScott olsenJanet yellenBob broeksmitGinnie maePatricia mccoyCommunity home lenders of americaBoston college law schoolMortgage bankers associationUs financial stability oversight councilStability oversight councilRocket mortgageSecretary janet yellenCommunity home lenders

PE s Private Credit Push Can Pose Stability Risk, Bank Regulator Says

PE s Private Credit Push Can Pose Stability Risk, Bank Regulator Says
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Michael hsuUs financial stability oversight councilVanderbilt universityStability oversightToo bigFail is striking fear

Non-banks can be too big to fail , at least in the US

Updated guidance in the US will allow easier designation of non-bank financial institutions as systemically important. Will other jurisdictions follow?

Us financial stability oversight councilStability oversight council

Will Regulators and AI Lock Horns? Contentworks, an agency specialising in financial services marketing, has rounded up opinions from top regulators

Will Regulators and AI Lock Horns? Contentworks, an agency specialising in financial services marketing, has rounded up opinions from top regulators.

United kingdomUnited statesJessica rusuKate hargreavesGeorge theocharidesData protection commissionSoftware development frameworkEuropean unionFinancial conduct authorityInternational effortsContentworks agencyRisk standing committeeEuropean parliamentUs financial stability oversight councilInvestments commissionNational institute of standards

US Regulators Warn of AI Risk to Financial Systems

U.S. regulators for the first time detailed the risks artificial intelligence poses to the financial system and classified the technology as an "emerging

Janet yellenFinancial stability oversight councilCyber expert groupNational institute of standardsUs financial stability oversight councilDepartment of the treasuryArtificial intelligenceMachine learningIncreaserashmi rameshFinancial systemsStability oversight councilStopping insider threatsSecretary janet yellenPresident joe bidenWhy bidenOrder may fall short

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