Consumer banking
Consumer banking
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The Department of Housing and Urban Development's support for the widow of a home equity conversion mortgage borrower has broad implications for consumers and lenders.
December 5 -
The end of the year is a busy time for closing bank acquisitions at least buyers are hoping that is the case. With the average deal taking about 120 days to complete, there are plenty of banks anxiously awaiting a call from regulators.
December 5 -
Officials at Fannie Mae, Freddie Mac, and Ginnie Mae all heaped praise on nonbank mortgage lenders for stepping up to provide loans for home purchases at a time when many banks have scaled back.
December 5 -
A civil rights group is asking senators to more closely examine Mickey Barnett's work on payday loan issues before they vote on his reappointment to the U.S. Postal Service board of governors.
December 5 -
As mobile commerce and other new technologies change the way people shop, fraudsters are changing their methods to adapt. Banks, fintech providers and consumers are all looking at security in new ways.
December 5 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
December 5 -
Hampton Roads Bankshares in Virginia Beach, Va., has agreed to pay $200,000 to address an investigation by the Securities and Exchange Commission into the company's accounting practices.
December 5 -
JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon, who was diagnosed with throat cancer earlier this year, said tests this week showed no evidence of the disease in his body.
December 5 -
Orchard Platform,a company that provides analytics and data support for the online marketplace lending industry, has launched an online dating site of sorts to help investors find online lenders from which to buy loans.
December 5 -
Border Bancshares in Greenbush, Minn., has agreed to buy full ownership of First Advantage Bank in Coon Rapids, Minn.
December 5 -
United Labor Bank in Oakland, Calif., has a new name.
December 5 -
CertusHoldings in Greenville, S.C., is getting very little money for selling its broker-dealer and wealth-management units.
December 5 -
More borrowers are falling behind on their car payments and the total amount of outstanding debt is reaching new high marks, according to Experian's latest report.
December 5 -
Encore Capital Group Inc., a San Diego-based debt buying firm, announced it is providing $124,000 in scholarships to students at 43 community colleges across the U.S., as part of its new national program, the Encore Capital Group Scholarship Fund.
December 5 -
Premier Consulting Group settled CFPB charges on Thursday, a month after another debt settlement firm's case closed with a nine-year prison sentence for its owner.
December 5 -
The biggest bank in the country now lets opted-in mobile Android and Apple customers view their balances without entering their user names and passwords.
December 4 -
The Fair Debt Collection Practices Act, which imposes tough requirements on third-party collectors, exempts banks that handle debt collections in-house. Now banks are worried that they are going to lose that special treatment.
December 4 -
Borrowers who have made five years of payments on their modified loans will be eligible to earn $5,000 in the next year to reduce their outstanding balance.
December 4 -
Bank debt is back in vogue. The question is for how long.
December 4 -
Security National Bank in Sioux City, Iowa, said Thursday that it has agreed to purchase First Trust & Savings Bank in Moville, Iowa.
December 4





