What Federal Agency Regulates Mortgage Lenders? At least eight different federal agencies exist to regulate the activities of mortgage lenders. Supervision that spreads across many regulatory authorities is a prescription for an unregulated, laissez-faire environment. This atmosphere is conducive to predator...
If you availed of a healthcare service covered by your insurance and got billed $800, the amount you’re supposed to pay for coinsurance would only be $160, while the health insurance would be responsible for paying the remaining $640. However, it’s not always the case that y...
The FDAcurrently regulatesadvertising about prescription drugs, going after drugmakers that misrepresent their products. Responsibility for someother medical productsis shared between the FDA and the Federal Trade Commission. Kennedy has urged Trump to go further, saying he is advising the president-elec...
The Federal Communications Commission regulates interstate and international communications. TheOccupational Safety and Health Administrationmakes rules related to ensuring safe, healthy working conditions and work environments. TheInternational Organization for Standardizationregulates many areas of business, including...
The U.S. Securities and Exchange Commission (SEC) is a federal agency responsible for regulating the securities industry.
TheHealth Insurance Portability and Accounting Act (HIPAA), which governs the collection of health information TheGramm Leach Bliley Act (GLBA), which governs personal information collected by banks and financial institutions TheFair Credit Reporting Act (FCRA), which regulates the collection and use ...
How are you different from the Federal Deposit Insurance Corp.? What we do is somewhat similar to what the FDIC does, but there are some important differences. The FDIC is a federal agency that regulates banks. We are a nonprofit membership organization of broker-dealers. We have no regulator...
What Is a Schedule K-1 Federal Tax Form? What Is a Short Strangle? What Is a Solvency Ratio? What are Subsidies? What Is Single Monthly Mortality? What Is a Subsidy? What Is SEC Form S-1? What Is Smart Money? What Are Switching Costs?
The Food and Drug Administration is the federal government agency assigned to protect and promote public health. This is done by assessing and assuring "the safety, efficacy, and security of human and veterinary drugs, biological products, medical devices, our nation's food supply, cosmetics, and...
Who Regulates Mortgage Lenders? Because mortgage lenders are primarily banks, credit unions, and savings and loans, they are regulated to a large extent by the relevant federal agency listed above. TheConsumer Financial Protection Bureau (CFPB)has supervisory authority over nonbank ...