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The Friday Express: Heritage Financial to buy Premier Commercial for $88.6M

* The Consumer Financial Protection Bureau issued a final rule in its Truth in Lending Act that would help mortgage servicers communicate with certain borrowers facing bankruptcy.

* In an interview with Bloomberg Television, JPMorgan Co-President Daniel Pinto warned that equity markets could see a "deep correction" of as much as 40% within the next two to three years.

* Olympia, Wash.-based Heritage Financial is buying Hillsboro, Ore.-based Premier Commercial Bancorp in an all-stock deal valued at about $88.6 million.

* Two investment adviser units of Voya Holdings will pay approximately $3.6 million to settle SEC charges over failure to disclose conflicts of interest and making misleading disclosures on their practice of recalling securities on loan to give tax benefits to their affiliates.

* Interbank messaging platform SWIFT released the results of a distributed ledger proof-of-concept project.

* In a letter to Idaho Department of Insurance Director Dean Cameron, Centers for Medicare and Medicaid Services Administrator Seema Verma said she would enforce the Affordable Care Act if he permits the sale of health plans that skirt ACA rules.

* Cigna President and CEO David Cordani said that the pending acquisition of Express Scripts is expected to establish a wide-ranging portfolio that will integrate healthcare services through a new business entity.

* And sources say HCC Life Insurance is nearing a $5 million settlement with state regulators following an investigation into the company's sales of short-term health insurance plans.

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