Insurers and lenders will have an opportunity to tell HUD just what they think of its fair lending initiatives during a series of four public meetings it has scheduled across the country through October 27. Roberta Achtenberg, HUD assistant secretary for fair housing and equal opportunity, will hear oral presentations on discrimination on property insurance under the Fair Housing act, namely practices that may be discriminatory, specific provisions within the regulation, disclosure requirements and best practices. The meetings, which are scheduled from 9 a.m. to 4 p.m., begin in Chicago Aug. 18, and will be followed by forums in San Francisco Sept. 22, Atlanta Oct. 18 and Boston Oct. 27.
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Strong loan and deposit growth led to a double-digit increase in revenues and an even bigger jump in profits at the Columbus, Ohio-based regional bank.
October 17 -
Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a new chief credit officer; and more in this week's banking news roundup.
October 17 -
In a tough quarter for the auto industry, the Detroit-based lender posted earnings that sped past Wall Street's expectations.
October 17 -
Approximately three years after the one-time non-depository bought Roscoe (Texas) State Bank, Cornerstone Capital Bancorp agreed to purchase Peoples Bancorp.
October 17 -
Regional banks say their asset quality is solid amid skittish investors. The KBW Nasdaq Regional Banking Index was largely stable Friday after falling by as much as 7% the day before.
October 17 -
Coordinated sanctions target two networks behind so-called pig butchering scams, human trafficking and money laundering for North Korean cybercrime groups.
October 17