Merchant

Strategies that help mortgage lenders get a handle on final Dodd-Frank Act implementation costs and better reach the next generation of homeowners will be among the hot topics discussed during the 2015 Mortgage Bankers Association's Annual Convention.

The Pew Charitable Trusts' Nick Bourke's recent observation that more competition in short-term credit would benefit consumers is correct. But in the relatively unregulated environment that existed before 2013, very few banks chose to enter this market.

A collection scam involving calls to consumers about alleged past payday loan debts has surfaced in Nebraska, just a week after a similar illegal operation was reported in Minnesota.

Fannie Mae’s latest sale of non-performing loans includes three pools of about seven thousand loans totaling $1.2 billion in unpaid principal balance.

Many points of research show that as many as half of small businesses suffer from cash flow problems. In fact, the majority of small business owners cite cash flow as their number one challenge.

Valley National Bank in Wayne, N.J., has named Bernadette Mueller senior Community Reinvestment Act officer.

OnDeck Capital has hired Gary Fearnall as its country manager for Canada.

When Apple revealed that Starbucks plans to accept Apple Pay in its U.S. stores, the move spoke less to Apple's persuasiveness and more to the fallout of the country's ongoing shift to EMV security.

EMV card acceptance has often been pitched as a catalyst for mobile wallets, since the terminal upgrades needed to accept EMV-chip cards could also enable contactless mobile payments. But mobile and EMV are not always on the same path.

A Georgia legislative panel hearing Thursday reviewed the issue of surprise billings for medical care, which can confound consumers and lead to difficult collection practices.