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The race for the exits is intensifying among big banks that purchase mortgages from correspondent lenders, creating liquidity issues for loan originators and radically reshaping mortgage servicing.
January 30 -
Under a recently-enacted law, Obama is to reduce Iranian oil revenue by punishing banks or other parties that make payments to Iran's central bank. Thus, the interbank payment system becomes a tool of American foreign policy.
January 29
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In a recent speech at Osawatomie High School in Kansas, President Obama acknowledged that a strong and competitive financial industry is inextricably linked to a healthy economy. This is a message that we believe deserves greater attention by all policymakers, including the presidential aspirants.
January 27
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In the matter of an evening, Tennessee jumped from having no bank failures so far this crisis, to being tied with Florida so far this year.
January 27 -
WASHINGTON — When weighing financial-aid offers, among students' concerns are how much debt they will have at graduation and how much they will owe in loan payments each month.
January 27 -
Joint federal and state effort to probe securitization practices leading to crisis will include information-sharing.
January 27 -
The financial industry's troubles with a controversial type of insurance coverage appear to be spreading to new areas as New York State's Department of Financial Services issues dozens of subpoenas.
January 27 -
With scant details of new plan to help homeowners, analysts weigh in on whether yet another program will help.
January 27 -
The foreclosure reviews mandated by the Fed and the OCC have a better chance of helping current and future borrowers than the state attorneys general settlement, if it ever happens.
January 27
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For a smaller banks such as the $409 million-asset The Bank of Georgia, figuring out how to use social media safely and legally isn't easy.
January 27







