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Restoring consumer confidence in financial services won't be easy after the latest banking brouhaha, but the Consumer Financial Protection Bureau can help by proactively holding all mortgage loan officers to the same federal licensing standard.
September 30
Community Home Lenders of America -
While some credit unions have embraced some of the changes and are already reevaluating their underwriting policies in light of it, few if any are testing the full limits of the new regulations.
September 30
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In a move that surely surprised the benighted Wells Fargo, one of its big bank brethren has pledged not to take advantage of the scandal. Go figure.
September 30
Credit Union Journal -
Strategies include developing formal agreements with partners defining the anti-money-laundering requirements and responsibilities that are expected of them.
September 30
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Mobile wallets are poised to dramatically change the payments landscape, but what is holding them back from seeing more rapid adoption?
September 29
Early Warning -
The rankings of the Most Powerful Women in Banking and Finance include some familiar faces but also plenty of newcomers. We also look at the courage women demonstrate balancing work with their personal lives and a call to action from SEC chair Mary Jo White.
September 29
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The Consumer Financial Protection Bureau's proposal not only requires lenders to determine a borrower's ability to repay, but also forces creditors to follow the bureau's approach to making that determination.
September 29
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As the Wells Fargo story has played out, pundits have been quick to blame "sales culture" for improper behavior, but that's like blaming automobiles for reckless drivers.
September 29
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It's time that financial institutions in America recognize the value that women can bring to the executive suite and boardroom.
September 29
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Generation Z, the generation following what is commonly referred to as the Millennials, has only just formed its identity, yet its older members are already preparing to enter the workforce and take part in modern commerce.
September 28
InComm