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The total balance of outstanding first mortgages in January jumped to more than $8.3 trillion, an increase of 2.1% year-over-year, according to data from the Equifax National Consumer Credit Trends Report.
March 10 -
That is the message from North Carolina's banking commissioner and others who think the odds of preventing the rule are so low, and the amount of preparation needed to comply so great, that bankers should get real.
March 10 -
Foreign banks including HSBC and Deutsche Bank are pushing back against the Federal Reserve's proposals on implementing rules designed to end too-big-to-fail, saying they are burdensome and unfair to the U.S. units of the world's biggest lenders.
March 10 -
Eight months after it revamped its Chase Bank home page, JPMorgan Chase is beginning to roll out changes beyond the sign-in page.
March 10 -
UniWyo CEO named Business Person of the Year, new CIO tapped at Ent CU, top dog named at ORNL's CUSO and other CU professionals in the news.
March 10 -
Not only are widening credit spreads for both banks and the companies they lend to a red flag, but the financial sector is also feeling a hit from lower energy prices.
March 10
Whalen Global Advisors LLC -
Car loans in the U.S. are soaring, but don't expect a crash any time soon.
March 10 -
Sen. Sherrod Brown is pressing the Federal Communications Commission to limit the number of calls collectors of government-backed debt can make to delinquent borrowers. His appeal comes at a time when banking groups are challenging earlier robo-calling regulations that they say inhibit their ability to collect debt.
March 10 -
Prosper Marketplace is rebranding a personal-finance app that it acquired last year, a key part of the firms efforts to engage more frequently with its borrowers.
March 10 -
Square is "betting big on Near Field Communication," but not to the point the company would consider bringing back its own Square Wallet app, CEO Jack Dorsey says.
March 10





