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Auto lenders would be well advised to keep up their guard as states — particularly blue ones — take steps of their own to crack down on what they see as abusive practices.
May 7 -
The group made its plea in a petition, signed by over 10,000 community bank employees, urging lawmakers to quickly move a bill rather than subject the process to "further delay or inaction."
May 7 -
Freddie Mac has quietly started extending credit to nonbanks that issue mortgages, a move it says will help the companies maintain access to a crucial stockpile of cash if their home loans go sour.
May 7 -
Bank agrees to pay $480 million to investors related to the phony accounts scandal; Daniel Tarullo’s Fed departure called a turning point on oversight.
May 7 -
Trump-appointed regulators are making headway on easing regulations. But there's one critical voice missing.
May 4 -
The Federal Reserve’s top regulator says proposed capital changes make system safer while overall capital levels are unchanged.
May 4 -
China's mobile payment lessons for U.S. bankers; Steven Mnuchin's wishful thinking on GSE reform; unpacking Mick Mulvaney's CFPB relocation musings; and more from this week's most-read stories.
May 4 -
Both Republicans and Democrats are making threats against banks that don't take their side on gun control.
May 4IntraFi Network -
Bankers have long complained that anti-money-laundering regulations impose an extra burden without really stopping major crime. D.C. is finally listening.
May 4 -
Financial institutions can begin to reduce the number of rogue employees and put a stop to bad behavior.
May 4IBM Global Business Services