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At least two mortgage servicers say they are close to being released from an OCC enforcement order that required 14 of the nation's largest bank servicers to fix flaws in their foreclosure reviews. But the OCC says it has set no timetable for freeing any of the banks from the 2011 order.

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The purchase of Santa Barbara Tax Products Group is the latest move by the prepaid card pioneer designed to lessen its dependence on retail giant Wal-Mart.

Deborah Van Valkenburgh, senior vice president of strategic brand management at PNC
In marketing, deciding on a strategy is the easy part. The challenge involves figuring out if it's working. PNC Financial, Regions and other companies at a recent conference discussed how to know if a bank getting a good return on its marketing dollars.

Chris Marinac, director of research at FIG Partners
The old taboo against loan purchases is being quietly broken, as small and regional banks with excess liquidity chase higher yields and find a common interest with banks that need to drain some assets.

CFPB Director Richard Cordray (Image: Rick Reinhard)
Two online payday loan operations in the Kansas City area have been shut down after the CFPB and FTC charged them with bilking more than $36 million from consumers.

Alan Kaplinsky, head of the consumer financial services group at Ballard Spahr
The Consumer Financial Protection Bureau has taken a sweeping approach in using its authority to propose supervision of the largest nonbank auto lenders, unveiling a plan that would effectively cover 90% of the market.

Bruce Murphy, head of corporate responsibility at KeyCorp
Regulators, advocacy groups and attorneys general are paying close attention to how banks market to and serve different racial and economic groups. There are several things banks can do to protect themselves when putting together a strategic plan.

Banks and mortgage lenders may have received too much relief from loan buybacks, putting taxpayers at greater risk for losses, according to a Federal Housing Finance Agency inspector general's report.
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The mobile wallet finally has some real momentum. Will the biggest banks use the opportunity to take business from their smaller peers?
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Several cities, including Chicago and Atlanta, have seen dramatic rates of improvement in delinquent commercial loans but are still short of the national norm. That leaves them more vulnerable if another downturn occurs in the highly competitive business-lending market.

HUD Secretary Julian Castro
In his first major policy speech as the new housing secretary, Julian Castro voiced support for a Senate bill to reform housing finance and said policymakers should "remove the stigma associated with promoting homeownership."
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