Consumer banking
Consumer banking
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Opus Bank (OPB) in Irvine, Calif., is turning its health care banking into a national operation.
June 25 -
The regulator of Fannie Mae and Freddie Mac (FMCC) will conduct a series of town-hall events to convince hundreds of thousands of U.S. borrowers with little or no equity in their homes to refinance.
June 25 -
A Houston collection agency and its president and sole shareholder agreed to a federal court order and $4 million penalty for bullying consumers into paying debts and unnecessary fees.
June 25 -
The GSEs make mortgages? Banks don't? For an economics professor who has made the causes of the housing collapse a central campaign issue, David Brat sure doesn't sweat the details.
June 25 -
City National Bank in Los Angeles has agreed to sell its retirement services business to OneAmerica, an insurance and asset management firm.
June 25 -
A recent court ruling affirms that customers can be held responsible in cases of wire transfer fraud. But banks arent off the hook.
June 25 -
Is misogynistic behavior keeping women out of the Bitcoin community?
June 25 -
Fannie Mae and Freddie Mac suffered "significant financial harm" from "excessively priced" force-placed insurance, an inspector general's report says, advising their regulator to assess whether to sue banks and insurers for damages.
June 25 -
First Citizens BancShares (FCNCA) in Raleigh, N.C., has decided on the management team that will run the company after it buys First Citizens Bancorp. in Columbia, S.C.
June 24 -
A confluence of events, including the defeat of House Majority Leader Eric Cantor, has increased the chance that Congress won't renew the charter of the Export-Import Bank. Private banks receive billions of dollars in U.S. support for loans made to promote American exports.
June 24 -
Spencer Savings Bank in Elmwood Park, N.J., has agreed to buy the banking operations of New Jersey Manufacturers Insurance.
June 24 -
Wholesale lenders are capping broker compensation at 2.75%, below the CFPB's 3%, adding another "overlay" above and beyond regulatory requirements. Some say borrowers are being shut out as a result.
June 24 -
State Bank Financial is in no rush to extract costs from Georgia-Carolina Bancshares, preferring instead to take its time in an effort to retain the best employees and clients.
June 24 -
People's United Bank in Bridgeport, Conn., expects to raise $400 million through an offering of subordinated debt.
June 24 -
Massena (N.Y.) Memorial Hospital board of managers approved a plan to write off more than $630,000 in bad debt for April and May.
June 24 -
Competition from traditional homes and distressed sales, the limited availability of conforming mortgages and an underdeveloped secondary market have prolonged a slump in manufactured housing that started in 1998.
June 24 -
While rent represents the biggest expense each month for many consumers, the payments rarely are reported to credit bureaus, meaning they don't help people improve their credit scores.
June 24 -
Its true that AIGs heavily regulated securities lending program played a role in the downfall of the insurer. But it is a dangerous fallacy to argue that this proves that regulation should be left entirely to the markets.
June 24 -
The American Bankers Association and AARP are planning to work together to protect older adults from financial exploitation.
June 24 -
Peapack-Gladstone Financial (PGC) in Bedminster, N.J., has named Kevin Runyon as executive vice president of information technology.
June 24





