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The best way to meet the needs of consumers and communities is to once again have the private sector play the lead role in the housing market, led by responsible local lenders.
March 4
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The Justice Department is investigating a recently acquired unit of Ocwen Financial (OCN), the company announced Friday.
March 4 -
Florida Attorney General Pam Bondi's office obtained a temporary injunction and asset freeze against collection agencies Vanderbilt & Associates LLC and Buchanan Capital Management LLC.
March 4 -
This is the latest of multiple name changes for the company, which used to be called IdeaEdge Inc. IdeaEdge was already trying on a new name, Socialwise Inc., when it launched the BillMyParents alternative payment product in 2009. Then in 2011, the company renamed itself again, calling itself BillMyParents Inc.
March 4 -
Federal Reserve Board Chairman Ben Bernanke said Friday the central bank is continuing to take precautionary steps to ensure that prolonged low long-term interest rates will have minimal impact on financial stability.
March 1 -
The Federal Deposit Insurance Corp. has freed the Bank of Granite in Granite Falls, N.C., from an enforcement action.
March 1 -
Sen. Elizabeth Warren reportedly closed on a two-bedroom, two-bath condo in Washington's Penn Quarter neighborhood last month.
March 1 -
With its new depositor preference proposal, the FDIC decided to skip over the current problem and fix one that doesn't exist yet. Its solution places more burden on banks, but may save the agency from eventually insuring foreign deposits.
March 1 -
Citigroup Inc., the world’s biggest credit-card lender, is facing rising costs from the misselling of so-called add-on card products in the U.K. and U.S.
March 1 -
Nearly a month has passed since Visa Inc. offered its technology for the creation of a common debit code for EMV chip-card payments — a necessity under federal regulation. Yet it is becoming apparent that issuers remain in a waiting game that could last several more months.
March 1
