Consumer banking
Consumer banking
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The government-sponsored enterprises remain profitable, but executives are raising fresh concerns about their ability to withstand a recession because of restrictions on raising capital.
May 8 -
Mortgage credit availability dipped slightly in April, even while lending standards loosened for large adjustable-rate loans, according to an index published by the Mortgage Bankers Association.
May 8 -
First Niagara Financial (FNFG) in Buffalo is shelling out another six-figure sum for severance tied to an ousted executive.
May 8 -
An online operation in the business of finding potential borrowers for mortgage companies will pay a $225,000 civil penalty to settle Federal Trade Commission charges that it deceived people about mortgage terms.
May 8 -
The mortgage delinquency rate for homeowners more than 60 days late declined for the ninth consecutive quarter, according to a new report report.
May 8 -
National Bank Holdings (NBHC) in Greenwood Village, Colo., has consolidated the roles of chairman and chief executive.
May 8 - North Carolina
Bankers have complained that the federal government's crackdown on their relationships with payday lenders and other merchants has gone too far, but Justice officials said in a blog post that banks that abet fraudsters' use of the payment system should be punished.
May 8 -
Small-business owners are increasingly demanding risk advisory services along with comprehensive wealth management services, creating a potentially new revenue stream for forward-thinking banks.
May 8 -
Bank of the Ozarks (OZRK) in Little Rock, Ark., is encouraging shareholders to support its proposal to more than double its authorized common stock.
May 8 -
Two of the largest consumer debt buyers on Thursday agreed to halt lawsuits against borrowers and pay fines to settle allegations they violated New York law in pursuing debtors.
May 8 -
Commerce Bancshares (CBSH) in Kansas City, Mo., has agreed to sell three branches in rural southeastern Missouri to New Era Bank in Fredericktown, Mo.
May 8 -
Fannie Mae and Freddie Mac will pay the U.S. Treasury Department a combined $10.2 billion by June 30, an amount reflecting the profits the U.S.-owned mortgage financiers reported for the first quarter.
May 8 -
Better ATM Services, a provider of prepaid cards delivered through ATMS, announced that the company's president and CEO, Todd Nuttall, will assume a new role as EVP of enabling technologies.
May 8 -
The Government Accountability Office has asked the Consumer Financial Protection Bureau to improve some of its accounting procedures and internal controls, according to a new report.
May 8 -
Washington Federal (WAFD) in Seattle negotiated a discount on its recent purchase of Bank of America (BAC) branches after deposits levels at those locations fell.
May 8 -
Colorado lawmakers on Wednesday passed a bill to establish a financial services co-operative to serve licensed marijuana dispensaries in the state.
May 8 -
Eagle Bancorp Montana (EBMT) in Helena has applied for a state charter for its American Federal Savings Bank.
May 8 -
Valley National Bancorp (VLY) in Wayne, N.J., has agreed to buy 1st United Bancorp (FUBC) in Boca Raton, Fla.
May 8 -
Consumer borrowing in March rose by the most in a little more than a year as Americans used credit cards more often while also taking out school and auto loans, the Federal Reserve reported Wednesday.
May 8 -
Two of the largest consumer debt buyers agreed to drop lawsuits against borrowers and pay fines to settle allegations they violated a state's law in pursuing debtors.
May 8


