Consumer banking
Consumer banking
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An analysis by the National Center for Health Statistics shows that the number of Americans experiencing problems paying their medical bills fell between 2011 and mid-2014.
June 11 -
Alternative data used to score "credit invisibles" may do more harm than good. That's because in areas like employment and insurance, no credit score is often better than a bad one.
June 11 -
New York's highest court may have shut the door to many future lawsuits over flawed mortgage bonds, ruling investors have six years from the day the deal closed to pursue remedies.
June 11 -
Big banks and institutional lenders approved small-business loans at record rates in May, according to data from Biz2Credit.
June 11 -
The Consumer Bankers Association praised banks' discipline on managing credit quality for student loans after a report showed a drop in delinquencies.
June 11 -
The Federal Trade Commission, in testimony before the U.S. Senate Special Committee on Aging, highlighted its approach to protecting consumers from unwanted telemarketing calls and illegal robocalls.
June 11 -
The number of vacant and abandoned properties that are in foreclosure decreased in the second quarter, according to a RealtyTrac report.
June 11 -
The mortgage lender Nationstar Mortgage Holdings is pouring a lot of energy into a digital and mobile homebuying platform called Xome. The strategy could attract tech-savvy millennials but carries plenty of risks including whether consumers would be improperly steered to its products.
June 10 -
The Consumer Financial Protection Bureau issued a final rule Wednesday that allows it to monitor the biggest nonbank auto finance companies.
June 10 -
More than a dozen housing groups are urging lawmakers to pass legislation that would grant lenders a formal grace period for implementing new disclosure forms later this summer, arguing that the industry needs greater certainty than the Consumer Financial Protection Bureau has so far provided.
June 10 -
Prosper Marketplace, the first peer-to- peer lender in the U.S., is planning to charge an extra fee to investors who want to bundle its loans into bonds in order to offset its increased costs from the securitization process.
June 10 -
Big banks and institutional lenders approved small-business loans at record rates in May, according to data from Biz2Credit.
June 10 -
New Buffalo Savings Bank in Michigan has filed plans to convert from a mutual thrift to a stock-owned institution.
June 10 -
Bank of America will close drive-up teller windows at a dozen branches in Nashville and reduce in-store hours at an additional group of branches, The Tennessean reported.
June 10 -
Young Americans Bank, a niche institution in Denver focused on children, has a mission to create good future banking customers, but CEO Richard Martinez says kids today are cautious about credit after watching their parents struggle through the downturn.
June 10 -
With the onset of the new integrated disclosures rule, mortgage lenders owe it to their companies to make sure that operations folks have the chance to get out to events and workshops that will keep them informed and updated on new industry requirements.
June 10 -
City National in Los Angeles, which is being acquired by Royal Bank of Canada, has hired three wealth advisers for its New York office.
June 10 -
CommonBond, a marketplace lender specializing in private student loans, announced its first securitization Wednesday.
June 10 -
Community banks are facing tough choices when it comes to using outsourced labor or beefing up their own staff to handle risk-management tasks.
June 10 -
The Wisconsin Economic Development Corp., the states top jobs agency, has written off $7.6 million in taxpayer-funded loans in the four years since it was created.
June 10



