Consumer banking
Consumer banking
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If CSR efforts are allowed to fall by the wayside, it will be at the expense of customer trust and future growth.
October 29 -
JPMorgan Chase (JPM) made more loans through the U.S. Small Business Administration than any other bank in fiscal year 2013, while Wells Fargo was tops by dollar volume for the fifth consecutive year, according to new data from the SBA.
October 29 -
The Federal Housing Administration has reached a "tipping point" in its mission of providing low-cost protection for homebuyers while trying to keep its insurance fund liquid, Commissioner Carol Galante said today.
October 29 -
The Treasury Department's Michael Stegman further bolstered the Obama administration's support of Rep. Mel Watt, D-N.C., to head the Federal Housing Finance Agency on Tuesday, describing how the agency's policies must intersect with mortgage finance reform efforts in Congress.
October 29 -
Bank of America may have to pay $5 billion to $8 billion to settle federal claims tied to faulty mortgages after a rival lender's deal set "a relatively high bar," Fitch Ratings said.
October 29 -
Heartland Financial (HTLF) in Dubuque, Iowa, missed Wall Street's quarterly earnings estimates after its loan-loss provision rose and revenue from loan sales fell.
October 29 -
Fifty-three percent of respondents to an online poll by the National Foundation for Credit Counseling have never noticed the phone number directing them to a credit counseling agency that's listed on their credit card statement.
October 29 -
Sen. Elizabeth Warren weighed in publicly for the first time on the substance of the housing finance reform debate on Tuesday, endorsing a limited but explicit government guarantee, strong underwriting rules and servicer oversight, and secondary market access for smaller institutions.
October 29 -
The Mortgage Bankers Association on Tuesday said it expects residential mortgage originations to drop 32% next year, to $1.2 trillion, due to a continued decline in refinancing activity.
October 29 -
Berkshire Hills Bancorp (BHLB) in Pittsfield, Mass., recorded a decline in quarterly earnings despite improvement in its interest margin.
October 29 -
United Bankshares (UBSI) in Charleston, W. Va., posted higher quarterly earnings due largely to reduced expenses.
October 29 -
Mobile banking can alleviate friction and save time for underserved, low-income consumers, but face-to-face interaction is critical to serving their financial needs.
October 29 -
It should be a human resources departments responsibility to spot poor leadership qualities, flawed compensation programs and workforces ill equipped to handle a crisis.
October 29 -
Lax oversight by the Treasury Department has helped to prevent billions of dollars in aid from reaching struggling homeowners, according to a report released Tuesday by the Special Inspector General for the Troubled Asset Relief Program.
October 29 -
The $12.8 billion-asset company plans to offer $50 million of common stock and up to $100 million of perpetual preferred stock, it announced Monday.
October 28 -
Sendhil Mullainathan says he had no involvement in the consumer bureau's decision to award a consulting contract to a firm he co-founded.
October 28 -
Sendhil Mullainathan, the former head of research at the Consumer Financial Protection Bureau, speaks in an interview about when it's appropriate, and when it's not, for the government to try to influence consumer behavior.
October 28 -
JPMorgan Chase (JPM) has named former U.S. Bancorp executive Michael Boardman as the head of its wealth management business.
October 28 -
A Federal Reserve study has added new urgency to mortgage lenders' search for a way to navigate between the qualified mortgage rule and fair lending statutes. American Banker staffers discuss.
October 28



