Consumer banking
Consumer banking
-
BURLINGTON, Vt. Vermont FCU has purchased a long-vacant property in Middlebury, Vt., that used to house a branch of Chittenden Bank.
February 11 -
A plan by Fannie Mae to slash premiums for replacement homeowners insurance has been killed by the Federal Housing Finance Agency, according to people informed of the agency's decision.
February 11 -
Citizens Bank of Kansas is seeking to switch from a national to a state charter.
February 11 -
Consumer credit reports contain many errors, causing some consumers to pay higher rates for loans, the Federal Trade Commission said Monday.
February 11 -
A new federal rule issued by the Department of Housing and Urban Development on housing discrimination will likely make it harder for banks to prevail in fair-lending disputes.
February 11 -
The Consumer Financial Protection Bureau will require some mortgage servicers to develop general plans for avoiding complications arising from the transfer of servicing rights.
February 11 -
The stress of margin compression, combined with the need to generate additional income to maintain investors' return on equity hurdles, is driving more and more community banks into riskier activities.
February 11 -
Individuals who blew the whistle on a mortgage fraud scheme that ended up costing JPMorgan Chase (JPM) $296 million in fines have about three months to prove that their information helped lead to the settlement with federal regulators.
February 11 -
CEO Hugh Potts says the Mississippi company's sale to Renasant will help investors recoup 75% of 2006 value.
February 11 -
Karen Mills is stepping down as the head of the Small Business Administration. On her watch the agency supported $106 billion of loans to small businesses, including a record $30.5 billion in fiscal year 2011.
February 11 -
Losses at Anchor BanCorp Wisconsin (ABCW) in Madison narrowed slightly last quarter as its credit quality improved.
February 11 -
Legislation introduced in several states would ban surcharges on Visa and MasterCard credit card purchases, potentially undercutting a concession retailers won in a proposed legal settlement.
February 11 -
United Community Banks in Blairsville, Ga., has renewed its contract with Fiserv and added the fintech company's debit card services.
February 11 -
A cashless society is all well and good. But without the option of private, untraceable payments, life would become unbearable and institutions like marriage and religion could suffer.
February 11 -
Prices for single-family homes climbed in almost 88 percent of U.S. cities in the fourth quarter as the housing recovery broadened.
February 11 -
Commerce Bancshares in Kansas City, Mo., has promoted John Kemper to president and chief operating officer. The $22.2 billion-asset company said Friday that Kemper succeeds his father, David, who remains its chairman and chief executive.
February 11 -
Flagstar Bancorp (FBC) has set aside $161 million to cover lawsuits over its mortgage-underwriting practices.
February 11 -
Ally Financial, the second-largest remaining investment by the Treasury's Troubled Asset Relief Program, will repay the U.S. by 2014 on the strength of its auto-finance business, CEO Michael Carpenter said.
February 11 -
As the New York company books more loans, it is also relying less on mortgage-backed securities.
February 11 -
SAN LUIS OBISPO, Calif. SESLOC FCU has installed surcharge-free ATMs in Spencers Fresh Markets in Santa Maria and Morro Bay.
February 10



