Linda Young – AHN News Writer Washington, DC, United States (AHN) – Initial jobless claims for the week ending Jan. 21 rose by 21,000 to 377,000, compared with the previous week’s revised figure of 356,000, the U.S. Department of Labor said. The less volatile four-week moving average was 377,500, a drop of 2,500 from the [...]
Linda Young – AHN News Writer Washington, DC, United States (AHN) – Initial unemployment claims dropped to 352,000 during the week ending Jan. 14, their lowest level in nearly four years. First time claims for jobless benefits dropped by 50,000 from the previous week’s revised tally of 402,000, according to the U.S. Department of Labor. [...]
Kris Alingod – AHN News Contributor Washington, DC, United States (AHN) – The U.S. Department of Agriculture plans to close 259 offices nationwide as part of a program to cut costs and improve service. In a statement that coincided with the American Farm Bureau Federation’s annual meeting, Agriculture Secretary Tom Vilsack announced changes to his [...]
Linda Young – AHN News Writer Washington, D.C., United States (AHN) – First time claims for unemployment compensation benefits during the week ending Dec. 31 dropped by 15,000 from the previous week to 372,000, according to the U.S. Department of Labor. The less volatile 4-week moving average also fell, registering a decrease of 3,250 to [...]
Linda Young – AHN News Writer Washington, D.C., United States (AHN) – Initial jobless claims during the week ending Nov. 12 dropped to 388,000, the lowest level since April. That number was down by 5,000 from the previous week’s revised figure of 393,000 first time claims for unemployment compensation, according to the U.S. Department of [...]
Linda Young – AHN News Writer Washington, DC, United States (AHN) – First time claims for jobless benefits for the week ending July 23 crept down slightly to 398,000, which was just below the critical 400,000 mark for the first time since April. That number was down by 24,000 from the prior week’s figure of [...]
Former Comptroller of the Currency John Dugan was welcomed back to Covington & Burline LLP, as a partner for the international law firm. The U.S. Department of Treasury announced the selection of Ohio Attorney General Richard Cordray to lead the enforcement division of the Consumer Financial Protection Bureau team. Sean Dilweg, former Wisconsin Insurance Commissioner [...]
A $12 million settlement was reached in a lawsuit filed by the Federal Trade Commission against National Foreclosure Relief Inc. A $60 million lawsuit was filed in October by California’s attorney general against US Loan Auditors. In Florida, the U.S. Department of Justice announced that Peter James Porcelli II was sentenced to prison and hit [...]
A report from a regional inspector general for the U.S. Department of Housing and Urban Development has raised questions about First Tennessee bank’s underwriting practices. The inspector general floated the possibility of a significant fine against the Memphis-based lender. The report said the inspector general’s office tested 18 loans underwritten by First Tennessee that had [...]
JPMorgan Chase Bank, N.A., lost its origination approval agreement with the Federal Housing Administration for an office that operates within the jurisdiction of an Atlanta field office, according to the U.S. Department of Housing and Urban Development. In addition, a Chase office was terminated by HUD’s New Orleans office. A Chase spokesman declined to comment [...]
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