PayThink

Is Dodd-Frank the real reason, or enough of a reason, for Wall Street to abandon Obama?

President Obama's January 4th recess appointment of Richard Cordray as head of the director of the Consumer Financial Protection Bureau has threatened to set-off a contentious legal challenge in an already polarized Congress.

Freddie Mac's CEO responds to the NPR-ProPublica report that his company "bet against" homeowners.

Credit unions are an aggressive bunch. As if their heavy-handed push to expand into prohibited business lending wasn't enough, it now seems they are adding on another power grab to increase their ability to raise supplemental capital and support investors.

Rather than try to make money market funds safer, David Merkel essentially wants everyone to recognize and admit and deal with the reality that they aren’t safe.

In an improving economy, many of the policies and procedures that were imposed on banks in 2008 have become counterproductive, and are hurting rather than helping the industry.

Several billion consumers and 35 million merchants worldwide take the enormous convenience and security of branded payment cards for granted.

Since the news broke about Freddie Mac's use of an arcane set of derivatives called collateralized mortgage obligation inverse floaters, a considerable amount of energy has been spent linking their use to some sinister plot to prevent underwater homeowners from refinancing their mortgages.

Some random thoughts while cleaning out the notebook in this paper-based log, from henceforth to be known as a plog.

With the increase in membership and many members looking for smart ways to save money, a growing number of credit unions are partnering with auto and home insurance providers. Here are five compelling reasons credit unions are enhancing member benefit packages with an auto and home insurance program.