Consumer banking
Consumer banking
-
Glacier Bancorp Inc. in Kalispell, Mont., said late Thursday that it intends to take a goodwill impairment charge of between $30 million and $35 million in the third quarter to reflect the recent decline in its market value.
October 21 -
SunTrust Banks Inc.'s third-quarter earnings rose 41%, as the regional bank increased its loans portfolio and shrank the amount it set aside to cover weaker loans.
October 21 -
Federal Reserve officials are considering a new program of buying mortgage-backed securities to boost the ailing economy, though they appear unlikely to move swiftly in this direction.
October 20 -
Wells Fargo & Co., the biggest U.S. home lender, may post higher profits in the U.S. mortgage market as rivals flee from angry homeowners, more powerful regulators and billions of dollars in losses.
October 20 -
BINGHAMTON, N.Y. – Horizons FCU has signed with Manley’s Mighty Mart to offer credit union members access to the convenience chain’s 23 ATMs.
October 20 -
Was the Fed trying to convince itself foreclosure isnt that bad? Would they roll out the pie charts and PowerPoint presentations to convince the rest of the financial community, Congress and the like, that homeowners dont have to fear deterioration of lifestyle, maybe just a bit of downsizing?
October 20 -
Sandy Spring Bancorp Inc. in Olney, Md., said Thursday that its net income rose almost 33% from a year earlier, to $11.3 million.
October 20 -
Memphis bank's Jordan discusses how he will balance the two roles starting Jan. 1, distinguishes First Horizon's new debit fees from Bank of America's and sets sights on possible deals.
October 20 -
Simmons First National Corp. in Pine Bluff, Ark., said Thursday that its third-quarter earnings fell 4% from a year earlier, to $7.3 million, due primarily to sharp drop in income from from the sale of student loans.
October 20 -
Taylor reported third-quarter earnings of $7.3 million following three quarters of losses. CEO Mark Hoppe said the company's credit costs are down and all of its growth engines are up and running.
October 20 -
Equifax is expanding the availability of technology it's developed to aid mortgage investors analyzing whole loan portfolios before and after they're purchased.
October 20 -
Silicon Valley Bank said Thursday that it has received a key approval from a Chinese regulator to establish a joint venture bank in Shanghai.
October 20 -
Community banks must be as mindful of operational risk as their larger brethren. That was the message delivered at this year's Risk Management Association annual conference by Rick Parsons, who retired in August as an operational risk executive at Bank of America Corp.
October 20 -
Sales of existing single-family homes fell 3.6% in September after a 9% spike in August, according to new figures released by the National Association of Realtors.
October 20 -
Mortgage rates generally appear to be stabilizing after last week's jump above record lows, according to Freddie Mac's latest survey.
October 20 -
Consumer credit defaults were higher for first and second mortgages in September from the previous month, according to the S&P/Experian consumer credit default indices.
October 20 -
Groups similar to Occupy Wall Street have sprouted up in cities across the country like crab grass in August. Now into their second month of protests, these young Americans are objecting to bank bailouts, foreclosures, millionaires, and even capitalism.
October 20 -
Sen. Richard Shelby and Sen. Bob Corker both sounded skeptical of the value of the traditional mortgage product, raising questions about whether the GOP may seek to eliminate it as part of a housing reform overhaul.
October 20



