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It won't be long before the ongoing closure of the Strait of Hormuz begins to make itself felt across various aspects of banks' balance sheets. If it's protracted, a new oil shock will force a major reassessment of asset values.
March 18
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Banks that don't offer buy now/pay later risk pushing customers — especially younger ones — into fintechs' arms.
March 18
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The Trump administration wants to reverse fair-lending laws; the Fed's rate setters will do exactly what they've already told everybody they're going to do.
March 18
American Banker -
Realtors and loan officers are wary of using artificial intelligence in place of a real estate agent, after a homeowner claimed to realize meaningful savings.
March 18
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Over the course of its first year in office, the second Trump administration has neutralized the enforcement of key civil rights laws by reorienting Consumer Financial Protection Bureau rules and eliminating "disparate impact" that allows banks to be penalized for the discriminatory effects of policies without proving discriminatory intent.
March 18
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The former Rocket employee said she faced pressure to resign after requesting remote-work accommodations and leaves of absence to deal with health conditions.
March 18
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In an interview at ICE Mortgage Technology's annual conference, Bob Broeksmit also expressed skepticism of market dominance among just a few large lenders.
March 17
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For the first time, we're expanding coverage powered by our sister brands Financial Planning and National Mortgage News.
March 17 -
The agency issued an advanced notice of proposed rulemaking for prediction markets shortly before Arizona filed criminal charges against Kalshi on Tuesday.
March 17
