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Ellie Mae will add new integrations of Fannie Mae's automated loan review technology to its loan origination system to help lenders ensure loans remain eligible for sale throughout the underwriting process and eliminate surprises at the end.
July 23 -
American Express' OptBlue program has added 700,000 small merchants in the past 14 months, wooed by the promise of better fees for Amex acceptance. But it's still too early to declare the program a success.
July 23 -
The SBA's popular 7(a) program has reached its maximum funding authority. Banks may have to decide on providing short-term aid to small businesses that face delays getting loans.
July 23 -
The $1.7 billion-asset First State expects its deal for $264 million-asset Central to close before the end of the year.
July 23 -
The Senate began debate Thursday on a bill that includes a provision that would cut the dividend that member banks receive from the Federal Reserve System, a measure that banks, regulators and lawmakers alike are calling shortsighted.
July 23 -
Regulators and lawmakers are wrong to focus on bank size as a measure of risk. A far better indicator of bank stability is the riskiness of a bank's assets, as well as which of the bank's sources of funding bear that risk.
July 23
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Just a day after the Dodd-Frank Act's fifth anniversary, Senate Banking Committee Richard Shelby launched a new attempt to make significant changes to the law, attaching his regulatory relief bill to legislation that would provide funding for financial services agencies.
July 23 -
The Basel Committee on Banking Supervision published criteria to help investors assess the risk of asset-backed securities seven months after it set tougher capital rules on the products.
July 23 -
The Consumer Financial Protection Bureau's new integrated disclosure regulations could pose problems for warehouse line providers along with their mortgage lender clients.
July 23 -
The board of directors of Municipal Employees Credit Union (MECU) here announced that it has appointed John M. Hamilton as president and chief executive officer. Hamilton had been serving as the interim CEO since March 2015.
July 23






