Consumer banking
Consumer banking
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U.S. News & World Report published a commentary piece on debt collection practices on Monday. Perhaps not surprisingly, the article does not cast the industry in a favorable light.
March 24 -
Noah Hanft, MasterCard's general counsel and chief franchise officer, is leaving the financial industry (mostly) behind for a gig as the head of the International Institute for Conflict Prevention and Resolution.
March 24 -
Solera National Bancorp (SLRK) is being challenged by a former director who wants to wrest control of the Lakewood, Colo., company's board.
March 24 -
Federal banking regulators issued a proposal that would establish standards for states that register and track appraisal management companies.
March 24 -
Xenith Bankshares (XBXS) had been eager to enter the bustling Hampton Roads area. It plans to use Colonial Virginia, located close to the region, to make a beachhead.
March 24 -
Tera Group Inc. created a legal framework for Bitcoin swaps, which would let investors trade payments based on how the virtual currency performs against a real one.
March 24 -
Higher rates, mounting costs and the opportunity to lend to underserved borrowers have pushed some residential lenders to lower their minimum FICO scores, despite broader reluctance to take more risk in a heavily regulated market.
March 24 -
Central Pacific Financial (CPF) in Honolulu will repurchase $125 million of common stock.
March 24 -
FFW Corp. in Wabash, Ind., has a $2.6 million loan chargeoff recovery.
March 24 -
Farmers Capital Bank (FFKT) in Frankfort, Ky., has received regulatory approval to repurchase some of its preferred stock.
March 24 -
Complaints against debt collectors filed with the Consumer Financial Protection Bureau dropped in February compared to January, a decline that mirrors the drop for complaint filings across all categories.
March 24 -
The dismantling of state agencies that funded affordable housing had upended nonprofit development in California.
March 24 -
More consumers are getting free access to credit scores through card companies.
March 24 -
JPMorgan Chase's weak forecast for the mortgage business surprises lenders.
March 24 - New York
What's up with New York's program to add branches in low-income areas?
March 24 -
Beware of customer profiling run amok, says Meridith Elliott Powell.
March 24 -
Commercial real estate's comeback is happening unevenly, with the recovery strongest for big banks and big cities.
March 24 -
There's drama to come as regulators finalize a proposal requiring banks to self-assess their track records on diversity.
March 24 -
"Suburban flight" is taking on an entirely new meaning, as young and old adopt an urban lifestyle. What do these dramatic demographic shifts mean for banks?
March 24 -
Housing and lending groups are urging the government sponsored enterprise regulator and conservator to keep the Fannie Mae and Freddie Mac loan limits where they are for now.
March 21




