PayThink

Why does Harp 2.0 continue the incrementalism that marred the first incarnation of the refi program and many of the housing policies the president has put forth?

The bank's plan to convert troubled loans to rentals will benefit all concerned. A special unit for servicing toxic assets can help, if run wisely. Principal reductions could seriously backfire.

It's time for our nation's leaders to get serious about job creation. Our economy is beginning to inch its way forward toward recovery, but the only way forward to real prosperity for all is through small businesses.

The other morning I was at the counter of the local UPS store notarizing a document when I was shocked by a comment by a woman standing nearby. This nationwide franchise provides post office boxes, packing, shipping, copying and many other individual and business-related services through 4,700 convenient small corner or mini-mall stores. My head snapped as she told the clerk, "I would like to make a deposit." At first I thought she was making a deposit for a purchase or on a bill or perhaps depositing a package of goods for shipping.

The 2009 Card Act required lenders to "consider" customers' "ability to pay" before granting credit on cards.

Credit Unions must disclose CAMEL ratings.

Credit Unions gathered at the Governmental Affairs Conference to ask for relief from the MBL cap.

Carla Decker has withdrawn her name for confirmation to the board of the National Credit Union Association.

This is a letter in response to the 'Senate Leader Plans Vote on MBLs Bill'.

Audit committees must follow rules already on the books that charge them with hiring and firing auditors. That includes booting an auditor that allows executives to put banks at risk of failure for their own enrichment.