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To guard against headwinds in the agricultural sector, the Federal Deposit Insurance Corp. recommended that institutions consider the “overall financial status” of farm loan borrowers.
January 28 -
The largest bank in Puerto Rico said hundreds of millions of dollars of its mortgages and consumer loans are tied to the parts of the island hit by the recent quake or still recovering from two hurricanes.
January 28 -
The group, which serves community development credit unions, filed a brief suggesting that changing the bureau to a bipartisan commission could have an adverse impact on smaller institutions.
January 28 -
Comptroller of the Currency Joseph Otting upset some House Democrats when he was a no-show at a previous oversight hearing. They will now get a chance to question him about the future of the Community Reinvestment Act.
January 28 -
Some fraudsters pose as loan applicants and submit doctored video or photos of property and assets to scam lenders they won't see in person. Firms like Elevate Funding and Credibly are fighting back.
January 28 -
Northern Chautauqua FCU, which holds less than $4 million in assets, issued the payout on the heels of a 9.7% increase in earnings.
January 28 -
Seeking a way to boost Spain's fintech sector, CaixaBank is partnering with global startup Plug and Play to promote collaboration for new banking, payments and insurance services.
January 28 -
Alternative lending companies are one of the strongest examples of how leveraging rich financial transaction data can be used to go beyond traditional credit risk assessments, says Finsync's Eddie Davis.
January 28Finsync -
Lawmakers are close to solving one of the financial services industry's biggest headaches. It's in the public's interest for them to do so.
January 28Bressler, Amery & Ross P.C. -
The recent Dodd-Frank rollbacks for smaller banks could encourage risk-taking that leads to a systemic issue.
January 28