Consumer banking
Consumer banking
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Auto-loan, commercial-mortgage-backed and other securitizations use what is known as the swaps curve to price floating-rate deals. But pricing volatility is causing some to ask whether the market should go back to Treasuries after a 15-year hiatus.
November 25 -
The $8.6 billion-asset company said in a press release Wednesday that James Scott will become chairman on Jan. 21.
November 25 -
Banks continued to report strong profits in the third quarter, but the Federal Deposit Insurance Corp. on Tuesday highlighted a definite warning sign it sees in bank portfolios: riskier loans.
November 25 -
While the CFPB's latest monthly complaint report highlights bank account and service complaints, debt collection ranked as the top category.
November 25 -
No two mortgage servicing rights portfolios look the same, and buyers have strong opinions about the kinds of deals they want to do. Here are some factors that can swing MSR transaction values, according to Matt Maurer, managing director at MountainView Capital Holdings.
November 25 -
Fauquier Bankshares in Warrenton, Va., is planning to record a $5.5 million impairment charge tied to a souring loan relationship.
November 25 -
There is no shortage of opinions about payday loans. But the same cannot be said for hard research, which is needed before regulators write new rules for the industry.
November 25 -
TCF Financial in Wayzata, Minn., is making preparations for its next management team.
November 25 -
Mark Simmons, a seasoned commercial lender, is planning to open a bank in Californias Orange County that is dedicated to making loans to businesses. Core Commercial Bank, expected to be the states first de novo since 2008, would jump into a market where commercial lenders are plentiful and aggressive.
November 25 -
The $75 million-asset bank said in a press release Tuesday that Michael Clabby had become its acting president and chief executive, effective last Friday.
November 25 -
Merchants Bancshares in South Burlington, Vt., is set to have a new chief executive.
November 25 -
TransUnion and Ontario Systems announced Tuesday a collaboration to offer collection agencies TransUnion's new CreditVision recovery model.
November 25 -
A new Fannie Mae program allowing nonborrower income to count in qualifying homeowners for low-down payment loans received near-universal praise from industry representatives and federal officials at a recent housing symposium here.
November 25 -
A report released by Republicans on the House Financial Services Committee accuses the CFPB of willfully overstepping the law to punish indirect auto lenders for alleged discriminatory practices that, the report says, are fair business.
November 24 -
The Federal Deposit Insurance Corp.'s third-quarter industry update pointed to signs of banks expanding their risk profiles despite slow revenue growth.
November 24 -
Charles Cook will retire next year as chairman of Truxton Corp. in Nashville, Tenn.
November 24 -
Bryan Sullivan, the CFO at LoanDepot, talks about its growth prospects without fuel from an initial public offering, how getting consumers to opt for home equity lines of credit is tough, and why he considers the nonbank a disruptor.
November 24 -
Hanmi wants to make sure that, when the dust settles, it is part of the nation's biggest Korean-American bank. The move also shows how difficult it will be for ethnic banks to gain meaningful scale while sticking to their niche groups.
November 24 -
First Financial Northwest in Renton, Wash., has filed for permission to adopt a commercial bank charter.
November 24 -
Quicken Loans, the company that showed a mortgage business can operate successfully without face-to-face interaction with borrowers, is now giving customers the option to work without human loan officers.
November 24







