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The link between debt in collections and local conditions such as access to health insurance and housing markets is strong, according to Signe-Mary McKernan, senior fellow and Co-Director Opportunity and Ownership Initiative at the Urban Institute.
June 2 -
The U.S. Department of Education has ramped up monitoring of ITT Educational Services Inc. after the Securities and Exchange Commission filed civil fraud charges against the Indiana-based for-profit college giant and two executives, the company revealed.
June 2 -
Payments security researchers today find themselves in an awkward position and it's retailers who have put them there.
June 2
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Freedom Bank in Overland Park, Kan., has hired Drew Gibson to be its chief financial officer, the Kansas City Business Journal reported Monday.
June 1 -
City National Bank in Los Angeles will provide $350 million in loans to minority- and women-owned small businesses as part of a community lending initiative, it announced Monday.
June 1 -
HSBC, Europe's largest bank, will announce a plan next week to cut thousands of jobs, Sky News reported, citing unidentified people close to the matter.
June 1 -
New Hampshire Thrift Bancshares in Newport has changed its name to Lake Sunapee Bank Group.
June 1 -
Zions Bancorp. in Salt Lake City will consolidate its seven bank charters into one and create the position of chief banking officer to cut costs and improve returns.
June 1 -
Community banks will be able originate and sell jumbo loans with balances as high as $1.5 million under an expansion of a conduit program the Chicago Home Loan Bank has forged with Redwood Trust.
June 1 -
CAMDEN, Ark.River Valley Community FCU here has named Mark Hixson as its new president/CEO. Hixson previously served as a VP of First National Bank in Tenaha, Texas
June 1
