Consumer banking
Consumer banking
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The regulator for Fannie Mae and Freddie Mac on Monday directed the two housing finance giants to raise fees for all loans in an effort to bring private capital back into the mortgage market and better reflect the credit risks of borrowers.
December 9 -
Bank of the Ozarks (OZRK) in Little Rock, Ark., has agreed to buy Bancshares Inc. in Houston.
December 9 -
A group of state regulators issued a paper calling on federal regulators to do a better job of exempting small banks from their regulations, including urging the CFPB to provide more exemptions for small banks to its "Qualified Mortgage" rule.
December 9 -
Executives at NewBridge Bancorp share insiders' views on the challenges of making loans and pursuing M&A in a state where big banks, regionals and well-funded community banks have created heavy competition.
December 9 -
U.S. Bancorp's (USB) wealth management division has appointed Benton Reichenau as head of product services.
December 9 -
Following pressure from the governors of Colorado and Washington, the agencies say they're considering steps to lessen banks' risk when establishing relationships with pot dispensaries and producers.
December 9 -
The exchange rate of Bitcoin briefly pushed past $1,000 as more people took interest in the digital currency, but many mainstream consumers remain concerned about the persistent security issues surrounding Bitcoin companies.
December 9 -
The city of Los Angeles filed a lawsuit against Bank of America (BAC) Friday, accusing the company and its Countrywide unit of engaging in discriminatory mortgage lending.
December 9 -
Many borrowers who took out home equity lines of credit could soon be facing steep increases in their monthly payments, perhaps setting the stage for a fresh round of mortgage delinquencies, according to a new report from Lender Processing Services.
December 9 -
Large corporations usually turn to big banks for loans, but a new matchmaker believes community banks can compete for those projects.
December 9 -
The wealth management unit of Bank of New York Mellon is increasing its sales force by 50%, adding private bankers for affluent customers and has hired an executive away from Capital One.
December 9 -
New York's Benjamin Lawsky and other state regulators have given no indication of differentiating between online lenders that operate well and those that dont. Yet the spectrum of alternative lending operations indicates that just such a distinction is needed.
December 9 -
The chief financial officer of Brookline Bancorp (BRKL) in Boston plans to resign.
December 9 -
The North Carolina market is poised for a big round of M&A, and executives at NewBridge Bancorp which has made two acquisitions this year believe they can build the state's first super-community bank.
December 9 -
BtcQuick, a Bitcoin exchange, has deployed miiCard's identity verification service to comply with Know Your Customer and Anti-Money Laundering requirements and help deter fraud risk.
December 9 -
American Airlines and US Airways have argued that a planned merger will be good for "competition, consumers and choice." But days before the merger's closing, changes the airlines made to a popular credit card reward may end up having the opposite effect.
December 9 -
Blue Valley Ban Corp (BVBC) in Overland Park, Kan., plans to sell up to $10 million of stock in a subscription rights offering.
December 6 -
A bump in overdrafts in the third quarter suggests that more Americans are struggling to make ends meet.
December 6 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
December 6 -
Entertainment and mobile technology company Pimovi has released CamFusion, a mobile app that enables in-app payments for content accessed by wearable computing.
December 6



