Consumer banking
Bank of America has revealed plans to stop selling mortgages to the giant GSE. The move could affect everything from loan repurchase negotiations to the future of mortgage market.
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For banks, the Consumer Financial Protection Bureau's plans to take a close look at checking account overdraft fees puts a multi-billion dollar source of revenue at risk.
February 22 -
Some small banks fear expiration of FDIC loan guarantees will cost them deposits. Others say the Transaction Account Guarantee program has served its purpose and should go away.
February 21
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The Consumer Financial Protection Bureau's plan to begin supervising debt collectors and credit reporting firms could prove troublesome to banks.
February 17 -
The San Antonio, Texas bank blasted excessive federal regulation in announcing it will replace its federal charter with a state one.
February 14 -
President Obama announced Monday a doubling of a proposed tax on big banks to $61 billion. For the White House, the political appeal is obvious but the proposal itself appears highly unlikely to ever become law.
February 14 -
The mortgage settlement was a political coup for President Obama and state attorneys general. For banks, it was merely the latest turn in a long and winding effort to put housing problems behind them.
February 13 -
Social networking giant Facebook is already a half-billion dollar payment company. For banks, that presents threats and opportunities.
February 10 -
Banks have been successful at beating back legal challenges to credit card payment protection plans. The Consumer Financial Protection Bureau could change that.
February 9 -
The Obama administration rolled out details of a new plan to help millions of homeowners refinance. For banks, the big question is how much of the tab they'll be required to pick up.
February 8
