Consumer banking
Consumer banking
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More jobs and easier loan terms will boost demand for new mortgages in the second half of this year as homebuyers shrug off higher interest rates, according to a Fannie Mae forecast due later today.
August 21 -
Personalized interactions and streamlined online and mobile services distinguished the banks at the top of the heap in Temkin Group's customer service ratings.
August 21 -
CHICOPEE, Mass. Alden Credit Union has now opened its third branch over the past four months.
August 20 -
MEDFORD, Ore. The Internet and online banking may be affecting branch networks, but one person says that branch locations are still critically important especially when consumers are searching online for a new financial institution.
August 20 -
The Consumer Financial Protection Bureau said Tuesday that it is suing Morgan Drexen, a debt-relief provider, for false marketing a month after the same company filed suit against the CFPB.
August 20 -
The meaning of the term "underbanked" has evolved considerably over the last 30 years, and its definition today makes little sense.
August 20 -
FNBH desperately needs capital after regulators shot down a plan that had a hefty percentage of debt. The company is hoping an equity infusion by a big investor will help it get on track.
August 20 -
Visa and MasterCard will pursue a multibillion-dollar price-fixing settlement over retailer swipe fees as opposition to the deal reached a level that would have allowed the card firms to walk away, according to one of the companies.
August 20 -
The Online Lenders Alliance wants the group that manages a U.S. payment system to clarify warnings on illegal use of the network by payday-loan firms, saying the message is posing a threat to legitimate business.
August 20 -
Delmar Bancorp is giving up a 40% stake in itself to an outside investor, who will cancel Tarp shares he won in a Treasury auction. The investor will also invest cash and forgive unpaid Tarp dividends.
August 20 -
Reports of suspected fraud received by the Financial Crimes Enforcement Network fell by 25% last year, to just under 70,000, according to the regulator's report on fraud filings for 2012, released Tuesday.
August 20 -
The chief executive of Golden Pacific Bancorp in Sacramento has left the company.
August 20 -
A new Baltimore federal court filing shows that more than $2.9 million was seized by the Department of Homeland Security from Mutum Sigillum LLC, a U.S. subsidiary of Tokyo-based Bitcoin exchange Mt. Gox, in May.
August 20 -
U.S. Bancorp has hired advertising agency Butler, Shine, Stern & Partners for its U.S. market, replacing the Kaplan Thaler Group.
August 20 -
Sterling Financial, which has 173 branches in Washington, Oregon, California, and Idaho, announced the launch of its free mobile app on Tuesday.
August 20 -
Free checking accounts are on the wane at traditional banks, according to a MoneyRates.com survey released Monday. But customers can still avoid monthly maintenance fees at a majority of online banks.
August 20 -
Ally Financial (GMA) in Detroit has agreed to sell $1 billion of stock to help fund the buyback of about $5.9 billion of preferred stock from the Treasury Department.
August 20 -
The national auto loan delinquency rate (the percentage of accounts 60 or more days past due) remained relatively flat in the second quarter ended June 30 compared with the year-ago period, moving from 0.79% to 0.80%.
August 20 -
Bubbles are inflating in Nevada and Arizona even as housing in the rest of the country recovers at a more sustainable pace.
August 20 -
Monona State Bank in Wisconsin has begun using Encompass360, Ellie Mae's system for managing mortgage originations and servicing, the financial technology company announced Tuesday.
August 20



