Consumer banking
Consumer banking
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Maryland lawmakers are planning to discuss a bill that would cut the time collectors have to take homeowners to court for the leftover debt on foreclosed homes.
December 31 -
The ability-to-repay regime eviscerates fundamental principles of a mortgage market. It will not guarantee against a housing bubble and crash. It will constrain the availability of credit and increase home financing costs.
December 31 -
The ability-to-repay regime eviscerates fundamental principles of a mortgage market. It will not guarantee against a housing bubble and crash. It will constrain the availability of credit and increase home financing costs.
December 31 -
Family Focus FCU is helping members whose debit cards have been blocked due to the Target breach still receive 24/7 access to their money.
December 31 -
George Jones, who recently retired, is proud of how the Dallas company grew while avoiding acquisitions. He believes Texas Capital can quadruple to $40 billion in assets by staying the course.
December 31 -
Seven of the 10 best performing housing markets in the U.S. are located in California, Oregon and Washington, according to Pro Teck Valuation Services.
December 31 -
Community Bank System (CBU) in DeWitt, N.Y., will take a $6.9 million loss in the fourth quarter after selling collateralized-debt obligations and other securities in response to concerns over the Volcker Rule.
December 31 -
Lamassu has received more than 120 orders for its Bitcoin ATMs in the first four months after launch, and has set up a map of locations.
December 31 -
A focused strategy, executed by engaged, committed members of the board, management and staff in a culture that supports taking measured risk, sets the stage for success.
December 31 -
The agreement paves the way for John Palmer, a principal and co-founder of PL Capital, to join BankFinancial's board.
December 30 -
A retired executive at Yadkin Financial (YDKN) resigned last week in a dispute over the Elkin, N.C., company's growth strategy.
December 30 -
December was one of the most active months for the Consumer Financial Protection Bureau as it took several enforcement actions spanning from mortgage servicing to indirect auto lending. A number of cases were key milestones for the agency as it partnered with federal and state authorities as well as employed some controversial legal theories such as disparate impact. Heres a countdown of the big cases for the month.
December 30 -
Recurring debit payments, in which consumers give companies their bank or card account numbers to "pull" money out for regular bills, are a jury-rigged solution for a system built in the 1970s, says consultant Dave Birch. There is no need to replicate this setup in the modernized payment system that the Federal Reserve is nudging banks to create, Birch argues. "Push" payments, which require an active step by the accountholder each and every time, are more secure and easier to manage, he says.Related: JPMorgan, Wal-Mart Offer Starkly Different Views on Faster Payments Message to Banks: Speed Up Payments or Fed Will Take Charge
December 30 -
Including the Wells settlement, Fannie has collected nearly $14 billion from eight large mortgage lenders since the start of 2013.
December 30 -
Bill Crawford seemed content to oversee slow and steady growth before agreeing to buy United Financial in a deal that will create a $5 billion-asset bank in the Northeast.
December 30 -
Commercial lending perked up after the government shutdown ended, though bankers are still having to cut deals on pricing to land business. Consumer lending continued to decelerate.
December 30 -
George Bailey has a lot to teach us about the ongoing basic risks faced by financial institutions.
December 30 -
United Community Banks (UCBI) in Blairsville, Ga., plans to redeem $180 million of stock issued under the Treasury Department's Troubled Asset Relief Program along with $16.8 million of other outstanding preferred stock.
December 30 -
A Massachusetts community bank and a payment and banking applications provider have teamed up to capitalize on an Obamacare-assisted trend: the growing health care savings account market.
December 30 -
Brazil will boost levies on withdrawals abroad to restrain a widening current account deficit and prevent a six-percentage point gap in tax levels from reducing the use of credit cards.
December 30




