PayThink

You should be able to move your money as fast as you can make it. But the banking system today works about as speedily as the Post Office.

Use eminent domain to refinance unaffordable mortgages, cut through the mire of servicers, home equity investors and trustees. Protect homeownership and communities while respecting everyone's property rights.

Consumer advocates, regulators and others are encouraged when companies take a "we want to design the best product" approach rather than a "we want to meet a minimum threshold" approach.

Jim Purcell, chief executive officer of State National Bank of Big Spring, spoke during one of the hearings House Republicans organized to examine Dodd-Frank’s impact. But he "had a hard time answering certain questions from Democrats," writes American Banker’s Kevin Wack.

Recessions do not cause bank failures. It is banks causing booms that cause recessions that cause banks to fail.

Mortgage lending can be a strategic game-changer for progressive credit unions. Here are a few things to consider.

The year was 1997, and as federal credit unions meet this week it seems a fine time to look back and mark the 15th anniversary of the two-year period that forever changed those little financial co-ops in the U.S.

It is clear that our new reality is a business environment that will require each of us to be vigilant against continuing competitive challenges to our market position. Sitting on the sidelines is simply not an option if we want our industry to continue to thrive.

The question is no longer if, but when all U.S. issuers and acquirers will be required to be EMV compliant. Credit unions should take this opportunity to be proactive and invite EMV into their organizations.

The early-adopters of indirect and sub-prime lending learned their lending lessons; you need to learn investing as you go and continue to expand your knowledge.