Consumer banking
Consumer banking
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Massachusetts' top securities regulator has asked Bank of America to turn over documents related to two collateralized loan obligations.
February 10 -
The Texas Bankers Association is irked about the National Credit Union Administration's decision to infuse $60 million into the otherwise insolvent Texans Credit Union.
February 10 -
Bank of America Corp. and its largest rivals are hogging most of the mortgage-mess headlines. But smaller banks are also struggling to resolve problems from their high levels of delinquent loans.
February 10 -
Anchor BanCorp Wisconsin Inc. in Madison reported another quarterly loss.
February 10 -
If you live in Oklahoma: Sorry, youre screwed. Your Attorney General is more worried about moral hazard and wouldnt sign the agreement.
February 10 -
More than a day after the announcement of a mammoth national mortgage servicing settlement, the actual terms of the deal still aren't public. That's because a fully authorized, legally binding deal has not been inked yet.
February 10 -
New PCI Council Chairman Michael Mitchell, an Amex executive, says the security group's bank members are taking a more proactive approach to security than they have in the past.
February 10 -
Fannie Mae has hired Wells Fargo mortgage executive Anthony 'Tuck' Reed as a senior executive in charge of customer strategy and support in its single-family business.
February 10 -
The private banking arm of KeyCorp in Cleveland has established a Delaware trust company and hired two veterans from competitors to help run it.
February 10 -
EverBank, which has been carefully growing its mortgage business the past few years, has agreed to purchase the warehouse division of MetLife, the company confirmed to National Mortgage News.
February 10 -
Horizon Bancorp in Michigan City, Ind., has agreed to buy Heartland Bancshares Inc. of Franklin, Ind., in an all-stock deal valued at $14 million.
February 10 -
Social networking giant Facebook is already a half-billion dollar payment company. For banks, that presents threats and opportunities.
February 10 -
Liberty Bell Bank has been fighting battles with a former chairman for more than five years. Last month, the bank filed to form a bank holding company, just months after the activist investor was rounded up by U.S. marshals for allegedly defrauding elderly people around Philadelphia.
February 10 -
CapStar Bank in Nashville announced late Thursday that it has struck a deal to acquire the $169 million American Security Bank & Trust Co. in Hendersonville, Tenn., for a mix of cash and stock.
February 10 -
Hudson City Bancorp Inc. said its chairman and chief executive is stepping aside temporarily to attend to an unexpected medical issue, leaving its operating chief to assume those duties for the time being.
February 10 -
In addition to the national mortgage servicing settlement, Nevada has reached a side deal with Bank of America, state Attorney General Catherine Masto announced late Thursday.
February 9 -
Multiple state and federal officials put the banks on notice that the $25 billion mortgage servicing settlement is just the first step in pursuing civil litigation and criminal prosecutions in connection with misdeeds before, during and after the financial crisis.
February 9 -
President Obama's January 4th recess appointment of Richard Cordray as head of the director of the Consumer Financial Protection Bureau has threatened to set-off a contentious legal challenge in an already polarized Congress.
February 9 -
Sen. Robert Menendez wants to let lenders share in future home price increases if they agree to reduce the mortgage principal owed by homeowners today.
February 9 -
Depending on who you talked to, the massive mortgage servicer settlement announced Thursday was either a "criminal sell out" or a much-needed shot in the arm for the housing market. In reality, however, it appeared to be neither.
February 9





