John Heltman is the Washington Bureau Chief for American Banker. John previously edited American Banker Magazine and is the creator of American Banker's narrative podcast Bankshot. He was awarded the Grand Neal, the top honor bestowed by the Jesse H. Neal Awards, in 2019 for his narrative podcast series Nobody’s Home, which examines the economic and social impact of concentrated vacant housing. He was also named the 2019 McAllister Editorial Fellow at Medill School of Journalism at Northwestern University. He is a 2005 graduate of St. Mary’s College of Maryland and lives in Baltimore, Md.
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Officials signaled that Hudson City Savings Bank's nearly $33 million settlement over redlining charges is only the first in what is likely to be a string of other cases.
September 24 -
Federal officials on Thursday ordered Hudson City Savings Bank to pay more than $27 million to resolve redlining allegations, the largest order of its kind and one that is likely to put larger banks on notice that redlining cases will be aggressively pursued.
September 24 -
Although new HMDA data shows no negative effects from CFPB mortgage rules that went into effect last year, industry representatives argue it isn't showing the full picture.
September 22 -
WASHINGTON The number of mortgage originations dropped 31% to 6 million in 2014 due largely to a decline in refinancing as interest rates increased, according to a report issued Tuesday by the Federal Financial Institutions Examination Council.
September 22 -
The number of mortgage originations dropped 31% to 6 million in 2014 due largely to a decline in refinancing as interest rates increased, according to a report issued Tuesday by the Federal Financial Institutions Examination Council.
September 22 -
The U.S. Treasury announced some limited changes to its sanctions regime against Cuba, allowing banks to open accounts for Cuban nationals outside Cuba and eliminating some restrictions on those accounts.
September 18 -
The possibility that Congress may fail to pass a spending bill by the end of this month or not raise the debt ceiling had no bearing on the Federal Reserve Boards decision to maintain its accommodative monetary policy, Fed Chair Janet Yellen said Thursday.
September 17 -
Elizabeth Warren, D-Mass., and David Vitter, R-La., the lead sponsors of a bill to place more explicit limits on the Federal Reserve's emergency lending powers, say the bill is getting quashed by a full-court press from banking interests.
September 16 -
WASHINGTON A report to examine the conditions surrounding last year's unrest in Ferguson, Mo., is calling for officials to strengthen poor minority communities' access to banking services and curtail predatory lending to reduce crime and poverty.
September 15 -
The Consumer Financial Protection Bureau could be doing more to enhance the accuracy and completeness of entries into its consumer complaint database, according to the agencys Inspector General.
September 15
