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The two banks’ CEOs used a public hearing to argue their merger will be a boon for underserved markets. But other speakers warned that bank consolidation hurts communities.
April 25 -
Credit union share of the credit card market is at a record high but there are concerns that this debt could begin to sour if the economy turns.
April 25 -
Blue Lion Capital, which has been critical of the Seattle company in recent years, has nominated two individuals to become directors.
April 23 -
Change in strategy to lure new customers; new FHFA director wants to make Fannie, Freddie “stronger, healthier."
April 23 -
The bank is expecting to benefit from the discount airline's first flights to the Aloha State even as a white-hot local housing market starts to cool.
April 22 -
On Dec. 31, 2018. Dollars in thousands.
April 22 -
On Dec. 31, 2018. Dollars in thousands.
April 22 -
The Trump administration is cracking down on national affordable housing programs because of concern over growing risk to the government's almost $1.3 trillion portfolio of federally insured mortgages.
April 22 -
Tens of millions of dollars of M&A costs and a decline in mortgage activity offset higher loan income in the first quarter at the two banks, which also offered a timeline for their rebranding and shareholder votes.
April 18 -
CUNA Mutual Group's February trends report showed that growth in auto loans, mortgages and membership had slowed.
April 17 -
The civil rights activist Jesse Jackson is pushing a proposal that the billions banks have paid in fines be given to Americans who lost homes or suffered in other ways during the financial crisis.
April 16 -
Adolfo Marzol, who has served as an adviser to HUD Secretary Ben Carson, will now report to the new director of the Federal Housing Finance Agency.
April 16 -
The bank’s CFO says it has enough liquidity to meet loan demand in the short term, but how long can it keep its loan-to-deposit ratio below 100%?
April 15 -
The new head of the agency regulating Fannie Mae and Freddie Mac will be at the forefront of reforming the housing finance system.
April 15 -
About 100 financial institutions are owned by or work with Native Americans, yet traditional banking services remain out of reach for many in this demographic.
April 15 -
Wells Fargo and the denial stage of recovery; community bankers alarmed after big banks backtrack on faster-payments pricing; credit card, auto loan delinquencies hit seven-year high; and more from this week's most-read stories.
April 12 -
JPMorgan Chase's banner quarter didn't stop executives from warning that the pause in rate hikes could crimp profits, or from hinting that the bank might downsize its mammoth mortgage operation.
April 12 -
2018 was mixed bag for credit unions in the Wolverine State, with membership and lending still seeing positive numbers but down from previous years.
April 12 -
A bipartisan proposal would allow for the removal of the FHFA director if the agency approves CEO salary increases at Fannie and Freddie beyond $600,000.
April 12 -
The San Francisco bank has roughly doubled its assets in the last five years without the benefit of an acquisition.
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