Loan performance data show the entire case against GSE underwriting standards, and their role in the financial crisis, is based on social stereotyping, smoke and... Read More
Receiving Wide Coverage ... Deriving Pleasure: Too many price quotes will increase trading costs and reduce liquidity. That is the curious (if not spurious) story... Read More
The latest monthly reports from credit card issuers provide more evidence that loss rates will stay abnormally low longer than thought just a few months ago.
Eight acquisitions in two years have positioned CenterState as one of Florida's breakout banks. Meanwhile, Corbett's shrewd maneuver into correspondent banking as others were exiting the business has generated new revenue streams.
The Bethesda, Md., bank Paul founded in 1998 has reported increased profits in 15 straight quarters, and it's showing no signs of slowing down. Paul's relentless pavement pounding has yielded lasting and profitable relationships.
The Flint, Mich., company was on the ropes when Nash took it over in 2009, but by mid-2011 it was making money again. Investors liked what they saw, and were even happier in September when the company announced it would sell itself to FirstMerit.
Technologists are obsessed with it. Banks have invested in it. And unlike most mobile payments products, customers are actually using it. With Square, the Twitter co-founder is on the leading edge again.
Throughout his three decades in Congress, Barney Frank reached across the aisle to tackle big problems, and crafted groundbreaking legislation with far-reaching effects for banks.
A legal battle between banks and contractors in Illinois has now turned into a legislative fight, with bankers trying to derail a proposed bill that they claim would jeopardize construction.
It's no surprise that the 30-year mortgage has remained out of favor with banks. But home loans with even shorter maturities are unwelcome now in some institutions' loan portfolios.
As the industry evolves, American Banker keeps pace. Going beyond breaking news and headline events, American Banker's editorial staff digs deeper than the mainstream business press to identify and analyze trends.
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CSC is a leader in private-label, third-party loan servicing with 30+ years of proven experience in delivering effective, cost-effective solutions. Learn More