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Next year Fannie will require that mortgage lenders use so-called trended credit data for all mortgage borrowers, a move it says could broaden access to credit.
October 19 - PSO content
Citi is expanding its Payment Exchange service into Canada, following up on what it called a successful U.S. launch in 2012.
October 19 -
Diebold would not only be eliminating a rival in buying Germany's Wincor Nixdorf it would also gain new technology and retail relationships vital to its success in an economy that is growing much less reliant on plastic cards.
October 19 -
Some banks have begun to look at social media posts and website meanderings to better understand their customers and improve digital marketing. The practice is legal, but raises ethical questions.
October 19 -
The White House is pushing back on suggestions that it will cut a deal to recapitalize Fannie Mae and Freddie Mac before the end of President Obamas term, putting the pressure back on Congress for a solution.
October 19 -
Springleaf's proposed acquisition of Citi's OneMain Holdings is being delayed by the Justice Department, which appears focused on preserving competition at the local level even as a raft of new subprime installment lenders are popping up on the Web.
October 19 -
Comptroller of the Currency Thomas Curry praised the House for passing a bill to raise the asset threshold to qualify for an 18-month exam cycle to institutions with less than $1 billion of assets, and urged the Senate to follow suit.
October 19 -
Comptroller of the Currency Thomas Curry praised the House for passing a bill to raise the asset threshold to qualify for an 18-month exam cycle to institutions with less than $1 billion of assets, and urged the Senate to follow suit. Meanwhile NCUA, which already has the authority to extend its exam cycle has steadfastly refused to do so.
October 19 -
The National Credit Union Administration struck a cautiously optimistic tone in its latest "economic update" video, posted on YouTube Monday.
October 19 -
A breakdown of M&A announcements in the financial services industry for the week ended October 17.
October 19







