The staff of the Federal Reserve Board favors the adoption of a single disclosure form that complies with both the Real Estate Settlement Procedures Act and the Truth and Lending Act, and has called for a coordinated rulemaking with the Department of Housing and Urban Development. Commenting on proposed RESPA reforms, the Fed staff urged HUD to coordinate its proposal with the board’s...
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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