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Speculation has mounted that Mike Calhoun, president of the Center for Responsible Lending, is under consideration to lead the Federal Housing Finance Agency. His nomination would be an endorsement of proposals to treat Fannie Mae and Freddie Mac in a similar way as publicly regulated power or water companies.
September 15 -
The consumer app, which was originally distinct from the company's merchant network, can now be used to pay via a QR code.
September 15 -
The wireless network will send digital request-for-payment messages, which can be paid immediately over The Clearing House's network from a Citigroup account.
September 15 -
The deal to buy Happy Bancshares enables Arkansas-based Home to expand into Dallas and Austin and could provide a springboard for more acquisitions in the Lone Star State.
September 15 -
Large banks have received CRA credit for Paycheck Protection Program loans and all types of modifications two to three times more frequently than small banks. The latter need to press examiners to recognize the contribution they’ve made to their communities.
September 15
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The California bank historically lost technology industry clients as their needs became more complex. That could change now that it has hired 10 senior bankers and plans to recruit more.
September 15 -
Mike Warrell most recently headed Solano First Federal Credit Union in California.
September 15 -
The Chicago City Council approved a measure to boost transparency around the lending practices of the city’s banks and help address homeownership disparities in the nation’s third most-populous city.
September 15 -
The acquisition would add to Goldman's consumer banking platform a company that offers payment plans to help consumers finance home-improvement projects or health care needs.
September 15 -
The industry opposes expanded IRS reporting and other tax-related provisions that Congress would use to pay for the overhaul. But the bill could also boost funding for small businesses and affordable housing.
September 14









