Consumer banking
Consumer banking
-
PORTSMOUTH, N.H. – Service CU is offering the public free tours of its new 100,000-square-foot headquarters built with the latest environmental technology, including geothermal heat exchange, displacement ventilation and other systems that reduce energy usage and provide healthy work environments.
October 2 -
D.C. District Court Judge Richard Leon pressed retailers and the Fed on the design and effect of the agency's rule capping interchange fees during oral arguments on Tuesday, but gave little indication of how he would decide the case.
October 2 -
Almost a month ago MIAC held an auction on $8 billion of Government National Mortgage Association servicing rights, but the firm has yet to declare a winning bidder on the deal.
October 2 -
Banks with less than $10 billion in assets are exempt from clearing and exchange trading requirements, but as derivative users they will have to post margin, keep records and amend documents.
October 2 -
Tuesday was the deadline for the nation's five largest mortgage servicers to implement 304 agreed-upon standards. Consumer advocates expressed skepticism that the companies have reached that goal.
October 2 -
The $15 billion-asset company said Monday it has completed its purchase of the business property lending unit of General Electric's (GE) GE Capital for $2.4 billion in cash.
October 2 -
Nationstar Mortgage went from private equity flop to a top servicer of troubled loans, thanks to deft management and a Fannie Mae partnership once hidden even from parts of the government.
October 2 -
Unicredit America Inc., the Erie, Pa.-based collection agency that used a fake courtroom to coerce debtors to pay, could have to pay more than $1.2 million in penalties pending a ruling by Senior Erie County Judge John A. Bozza.
October 2 -
After the filing of a civil complaint alleging fraud in Bear Stearns' mortgage-backed securities operation, New York Attorney General Eric Schneiderman says he expects more cases to come.
October 2 -
Federal Housing Administration endorsements of condominium loans surged to 5,000 units in August, a 20% spike form the month prior, according to new figures released by the agency.
October 2 -
The Federal Housing Finance Agency said Tuesday that The Cogsville Group LLC has purchased 94 Fannie Mae properties in Chicago as part of a REO pilot initiative.
October 2 -
Bank deals priced at or below tangible book value grew steadily in the first three quarters of 2012, and more are said to be coming as struggling banks start to turn the corner and attract buyers.
October 2 -
Don't focus solely on cost savings. Instead, articulate that you're willing to look at new ideas and projects to help improve margins. This will inspire managers to tap into a fresh wave of thinking.
October 2 -
Banks with at least $10 billion of assets saw their share of deposits increase to 74.4% at midyear from 72.4% a year earlier, the FDIC said Tuesday in its annual Summary of Deposits. Also, the number of U.S. branches and thrifts shrunk.
October 2 -
Matt Williams, incoming chairman of the American Bankers Association, says banks can rebound by drawing on lessons from past crises, updating business models and hiring a new generation of bankers.
October 2 -
Overall, 81% of U.S. investors say they have some form of savings they can draw from if they lose their jobs, according to a Wells Fargo-Gallup Investor and Retirement Optimism Index survey released Monday.
October 2 -
Housing and Urban Development Secretary Shaun Donovan defended efforts by the Obama administration to help the housing market recover, arguing it faced significant hurdles over the past four years.
October 2 -
BETHEL, Conn. -- Bank security provider BranchServ said this morning it has acquired CheckView Banking Security Solutions, a division of Checkpoint Systems that provides electronic security solutions for credit unions and banks.
October 2 -
David Zalman of Prosperity Bancshares has struck five deals in a little over a year. And he say he sees more opportunities than ever.
October 2 -
Park Sterling Corporation (PSTB) in Charlotte, N.C., said Monday it has completed its purchase of Citizens South Banking Corp. in Gastonia, N.C., for $83 million, the same day Capital Bank Financial of Coral Gables, Fla., announced the completion of its acquisition of Southern Community Financial in Winston-Salem, N.C., for $47 million.
October 2





