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Agency MBS investors have had limited information about primary loans coexisting with home equity products, and may want to get more now, according to Experian.
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A near-record share of homeowners unable to sell their properties are renting them out instead, with "accidental landlords" accounting for 2.3% of listed rental stock in October, per Zillow data.
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The card network hopes to increase revenue from non-card payments and is tapping two major technology trends.
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Residents in more than half of U.S. counties need greater than one-third of income to successfully manage major housing costs, according to new Attom research.
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Cameron Bready, the firm's CEO, noted the company's clients include 12 large Middle Eastern airlines, and the closed airspace "isn't ideal."
March 11 -
Comptroller of the Currency Jonathan Gould said one of the early messages he is hearing from banks and supervisors revolves around an uneven playing field between small banks and their core providers, but suggested formal rules to address the problem are not imminent.
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The Swiss bank turned to a federal judge to mediate its dispute with a Jewish human rights group, but the two sides left the courtroom in deadlock.
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The measure, led by Sens. Elizabeth Warren, D-Mass., and Josh Hawley, R-Mo., would require regulators to recoup compensation from bank executives during the five years prior to their bank's failure.
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The bank is partnering with a French software company to upgrade its usage of the emerging forms of artificial intelligence. Plus, Ripple plans to buy a local payment company to secure a license in Australia, and more in American Banker's global payments and fintech roundup.
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The e-commerce giant has attributed outages to AI-assisted code.
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