Lenders foreclosed 92,000 properties in California last year, 19% more
A year ago it seemed that an economic turnaround might halt the long
Declining home prices have been a major factor in the foreclosure trend,
The fintech sponsor bank plans to offer digital asset services.
The Museum of American Finance opened a free, Smithsonian-affiliated home in Boston's Seaport on Friday, betting it can make money history stick.
The Alabama company has a long history of absorbing smaller firms with special skills. Acquiring the investment bank Frazer Lanier, an analyst said, is another example of that strategy.
The Federal Reserve issued a "prompt corrective action" enforcement action against Kansas-based Small Business Bank, the third enforcement action against the bank since 2023.
The Independent Community Bankers of America is lobbying Congress to require federal credit unions to disclose CEO pay, as most other nonprofit organizations must do. The calls follow the discovery of a massive embezzlement scheme led by the CEO of a Mississippi credit union.
National banks are committing billions of dollars to fund the construction. But there's room for smaller institutions and credit unions.
