Consumer banking
Consumer banking
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Three years after the FTC won a judgment against mortgage relief defendants, duped consumers will receive checks in the mail.
June 8 -
Consumers are on pace to tally another $55.8 billion in credit card debt this year, despite paying off $34.7 billion in card debt during the first quarter, according to a study.
June 8 -
Tom Ormseth has built a competitive strategy around digital banking, driving Wintrust to be an early adopter of innovative new features.
June 7 -
Under the leadership of CEO Uzoma Dozie, Diamond Bank has refocused on digital banking offerings, with an aim of improving the financial lives of the underbanked.
June 7 -
Sun National Bank in Mount Laurel, N.J., has promoted Anthony D'Imperio to chief credit officer and senior vice president, according to a filing with the Securities and Exchange Commission this week.
June 5 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week, including the debate over how to expand access to mortgage credit and the dangers and opportunities presented by large-scale corporate data mining.
June 5 -
The Louisiana Real Estate Appraisers Board has fined an appraisal management company $5,000 for failing to pay "customary and reasonable" fees to appraisers.
June 5 -
How interested banks, REITs and other investors will be in replacing the Federal Reserve as buyers of mortgage-backed securities insured by government-related entities depends on a wide range of regulatory and economic factors.
June 5 -
Guarantee Mortgage Corp. has agreed to pay a $228,000 fine to the Consumer Financial Protection Bureau on allegations that it violated rules dealing with loan originator compensation.
June 5 -
The P-to-P industry in Britain has remained focused on individual investors, even as American firms have been courting institutional money. But the two markets may finally be starting to converge.
June 5 -
Steep legal fees used to make it difficult for smaller banks to invest in renewable energy tax credits. A new fund is looking to lower the typical legal fees that have made such investments cost-prohibitive for community banks.
June 5 -
Ocwen Financial's shares had fallen nearly 7% Friday afternoon, to under $10 apiece, a day after Standard & Poor's Ratings Services put the company's servicer ratings on CreditWatch negative.
June 5 -
Demand for automobile loans has soared to new levels, Equifax said in a Thursday report. Meanwhile, delinquencies of 60 days or more have hit their lowest point in nearly a decade.
June 5 -
WestStar Bank in El Paso, Texas, is planning to merge with First National Bank in El Paso.
June 5 -
Two private-equity investors have priced their offering of shares in Central Pacific Financial in Honolulu.
June 5 -
Bankers scratching their heads about how to attract millennials can take some comfort knowing that generations ago their predecessors also struggled to connect with America's youth. Crocker National Bank found a way, though.
June 5 -
Commerce Bancshares in Kansas City, Mo., has established relationships with several new organizations, including environmental groups and universities, to offer co-branded credit cards.
June 5 -
A lawsuit filed Thursday in New York accuses The College Network and its owner of scamming more than 2,000 New Yorkers, leaving them saddled in debt.
June 5 -
A group of 32 Senate Democrats on Thursday asked Consumer Financial Protection Bureau Director Richard Cordray to issue the "strongest rules possible" against predatory lending.
June 5 -
Same-day payments will be a big improvement for business-to-business transactions, but banks are still bound to lose market share to technology firms that are taking the complexity out of the payments process.
June 5




