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Criminals breached a third-party database storing Santander customer and employee information, a type of intrusion that banks are increasingly facing.
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The Florida-based bank, which has been expanding across the South, would enter major markets such as Dallas and Houston with its planned all-stock acquisition of Independent Bank Group.
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Federal Reserve Vice Chair Michael Barr Monday spoke at length about efforts to enhance banks' liquidity and long-term debt positions after last year's bank failures while saying little about the capital hikes in the embattled interagency Basel III endgame proposal.
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Originators misled VA refinance applicants into believing they could skip two months of mortgage payments, the Federal Deposit Insurance Corporation said.
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The announcement, made at the Mortgage Bankers Association's Secondary Markets Conference, underscores Ginnie Mae's role at the forefront of digitization efforts in the capital markets space.
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Investors are facing recent pressure after Republic First's collapse, allegations of criminal activity by an executive at Old National and a pending CFPB rule affecting credit card fees.
5h ago
January 22, 2010, 1:31 p.m. EST 1 Min Read
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