Tag Archive: "Financial Institutions"
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What to Make of 2Q Commercial Real Estate Loan Data
There is almost $1.4 trillion of commercial mortgages set to mature in 2023 and 2024 and D.C. appears to finally be taking steps to address the concern for potential delinquencies (“Proposed House Bill Would Address Cancellation of Debt Income for Distressed Commercial Real Estate Owners“). S&P Global published commercial real estate loan data from the […]
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Industry Insights on Recent Housing Data
This week, the National Association of Realtors (NAR) released housing data from July. Some important takeaways include: At CLA, everything begins with living our Promise, which is to know and help you. We are able to do that because our people are so much more than accountants – they are colleagues and friends immersed in […]
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Protecting Customer Data
Under the Gramm-Leach-Bliley Act (GLBA), organizations defined as “financial institutions” must keep customer information secure and confidential. The Safeguards Rule, one of three sections of the GLBA, was updated on December 9, 2021. Under this revision, the Federal Trade Commission noted that an organization “engaging in an activity that is financial in nature or incidental […]