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Kate Davidson

Kate Davidson is a reporter in American Banker's Washington bureau, where she covers the Treasury Department, Consumer Financial Protection Bureau and Office of the Comptroller of the Currency. She previously wrote about community banks in the Northeast and Mid-Atlantic. Before joining American Banker, Kate covered the House Financial Services Committee and Senate Banking Committee for Congressional Quarterly. She began her career in New Hampshire, where she covered the 2008 presidential primaries and business news for the Concord Monitor in Concord, N.H.

Recent Stories From this Author

Banks Call CFPB Remittance Rule Unworkable
November 2, 2012 The industry has asked the CFPB to delay the effective date for a rule expanding disclosures for remittance transfers.

CFPB, FHFA to Create Groundbreaking Mortgage Database
November 1, 2012 The data will help the agencies track new and emerging products for potential risks, and inform policymaking decisions that...

CFPB Report Details Trends From Recent Exams
October 31, 2012 Bureau’s first issue of “Supervisory Highlights” identifies issues with credit limits and inadequate mortgage...

Consumer Group Criticizes Debt Settlement Firms in DOJ Letter
October 30, 2012 The Center for Responsible Lending said the companies settle only a fraction of the debts they set out to settle.

OCC's Curry Warns Banks to Maintain Appropriate Reserves
October 29, 2012 Comptroller of the Currency Tom Curry said the agency is ready to "take action" against banks that lower provisions solely to...

FSOC Briefed on Sandy's Impact on Financial Markets
October 29, 2012 Treasury Secretary Tim Geithner convened a meeting of the Financial Stability Oversight Council by telephone Monday afternoon...

Econ All-Americans
October 26, 2012 Just in time for the election, financial policy wonks without access to Facebook now have a resource for wasting precious work...

What a Romney Victory Would Mean to the CFPB
October 25, 2012 If Romney wins the White House, Republicans will likely push through changes to the CFPB's leadership structure, but could...

HSBC Picks Up Another Obama Administration Official
October 24, 2012 Preeta Bansal, the former general counsel and senior policy advisor at the Office of Management and Budget, is joining the...

CFPB to Supervise Large Debt Collection Firms
October 23, 2012 The agency will publish a final rule Wednesday to supervise firms with more than $10 million in annual receipts.

Harbingers of Crisis Now Calling for Subprime Revival
October 23, 2012 Two consumer advocates who gave advance warning of the subprime mortgage crisis are now arguing that a responsible return to...

Frank Urges Schneiderman to Reconsider JPM Lawsuit
October 22, 2012 Rep. Barney Frank is calling on state and federal officials to reconsider prosecuting banks for the sins of smaller...

CFPB Expands Consumer Complaint System to Include Credit Bureaus
October 22, 2012 The CFPB said Monday it is now accepting complaints related to consumer reporting agencies, a.k.a. credit bureaus.

NCUA Selects Former Examiner as New Executive Director
October 19, 2012 The National Credit Union Administration has selected a former examiner to serve as the agency's next executive director,...

CFPB, Pentagon Join Forces to Help Military Student Borrowers
October 18, 2012 Officials say servicing problems for service members with student loans are comparable to issues facing mortgage borrowers in...

Treasury to Auction Shares in 11 Tarp Banks
October 18, 2012 The Treasury Department said Thursday it will auction off its preferred shares in 11 more institutions that remain in the...

CFPB Proposal Could Expand Card Access for Stay-at-Home Spouses
October 17, 2012 Under the proposal, card issuers could consider shared household income when approving credit card applications.

CFPB May Offend Both Sides in QM Compromise
October 16, 2012 Although the consumer bureau is appearing closer to a final plan on defining 'qualified mortgages,' neither lenders nor...

Student Loan Servicing Problems Mimic Mortgage Market: CFPB
October 15, 2012 A report from the CFPB's ombudsman found that problems endemic to mortgage servicing are prevalent in student loan servicing...

New Fincen Director Makes Shell Corps Her Top Priority
October 12, 2012 Jennifer Shasky Calvery took the reins at the Financial Crimes Enforcement Network last month, after 15 years at the Justice...