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While no one is suggesting that the plan will help banks regain the share they've ceded to nonbanks, bankers believe that stabilizing Fannie Mae and Freddie Mac could at least help them keep what they have.
September 24 -
Industry groups are calling on the consumer bureau to eliminate the debt-to-income limit for “qualified mortgages” and provide a short-term extension of special treatment for Fannie- and Freddie-backed loans.
September 24 -
Kenneth Blanco expressed concern in a speech about cyber criminals using "synthetic identities" to commit fraud with data stolen from fintech platforms.
September 24 -
It is the bank’s second big gift to the nonprofit Financial Health Network in recent years, with this one earmarked for a financial solutions lab.
September 24 -
The North Carolina company agreed to buy the much-smaller Community Financial Holding.
September 24 -
Swindler will take over leadership at the Olympia, Wash.-based credit union in October. Longtime CEO Kevin Foster-Keddie prepares to retire next year following a transition period.
September 24 -
Rep. Patrick McHenry, the top Republican on the House Financial Services Committee, proposed having the central bank update Congress on measures to strengthen its own cybersecurity as well as that of institutions under its watch.
September 24 -
The Maryland company says two recent deals, including its agreement to buy Revere Bank, give it the right amount of coverage across Washington's suburbs.
September 24 -
The app, which started with mobile gaming, will now integrate itself with some of the most popular video games on the market such as Fortnite.
September 24 -
After investing in a payments CUSO earlier this year, the Florida-based credit union is looking for additional opportunities to work with fintechs.
September 24