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It’s too soon to gauge the true impact of recent tax cuts on loan demand, but anecdotes from bankers suggest that, after months of stagnation, pipelines are filling up again.
February 14 -
Nonbank mortgage firms are seeking formal assurance from the Consumer Financial Protection Bureau that they will not become subject to surprise audits or enforcement without involvement of a state regulator.
February 14 -
Allison Dukes will succeed current CFO Aleem Gillani when he retires at the end of this quarter, while Mark Chancy and Beau Cummins will become co-chief operating officers immediately.
February 14 -
A small legal case in California brings a warning to banks: Be careful who you report for fraud.
February 14 -
Western Union’s long-rumored relationship with Ripple is turning out to be real.
February 14 -
Fannie Mae will request an infusion of taxpayer money for the first time since 2012 because of an unintended but anticipated side effect of the corporate tax cut signed into law in December.
February 14 -
Timothy Sloan says Federal Reserve sanctions won’t affect the bank’s stress test submission; not everyone believes the mobile-payment system is worth $100 billion.:
February 14 -
Turmoil at the Export-Import Bank, a possible trade war with China and a potential retreat from the North American Free Trade Agreement all add up to high anxiety for bankers in the business of financing U.S. exports.
February 13 -
Here's a look at the 10 housing markets with the biggest gap between growth in home prices and wages that could indicate a housing bubble is forming.
February 13 -
The Justice Department required the sales before signing off on MainSource's pending sale to First Financial in Cincinnati.
February 13 -
The acting director of the Consumer Financial Protection Bureau on Tuesday had his first taste of the withering congressional criticism endured by his predecessor on trips to Capitol Hill.
February 13 -
The bank joins a small group of companies that believe short-term forecasts will ultimately help customers build healthier financial lives.
February 13 -
In some states, total mortgages outstanding are at all-time highs, but in others hard hit by the financial crisis they remain well below their 2008 peaks, the New York Fed said Tuesday in its quarterly report on household debt.
February 13 -
Wells Fargo CEO Tim Sloan predicted minimal financial impact from the bank's enforcement order with the Federal Reserve, saying he expects to retain top talent in the commercial bank while the asset cap is in place.
February 13 -
The new budget proposal projects a very profitable Federal Housing Administration in fiscal year 2019, but there are no indications the FHA will reduce its mortgage insurance premiums anytime soon.
February 13 -
Women who work at Mastercard Inc. earn 99.1 cents for every dollar men make for “equal performance at the same level,” according to a report the company released Monday.
February 13 -
Barclays could lose its U.K. banking license if it fails to refute fraud charges and some question whether the Fed's order against Wells Fargo will impact other bank boards.
February 13 -
To bypass the customer in setting up millions of phony card accounts, Wells Fargo employees took advantage of the bank’s continuing reliance on single factor authentication, writes Patrick Cox, CEO of TRUSTID.
February 13
TRUSTID -
EBay's recent decision to favor Adyen over PayPal doesn't spell doom for PayPal, which sees itself playing a key role in the nascent gig economy. But other payment networks also seek a slice of that pie.
February 13 -
Continuing to pull back the reins on the aggressive approach taken under former Director Richard Cordray, the agency's new five-year plan values consumer choice over heavy-handed enforcement.
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