-
The regulatory system is "broken from start to finish" and is allowing banks and other big firms to wear down regulators until they get what they want, Sen. Elizabeth Warren said in a speech Thursday.
March 3 -
The agency recently cited providing equal access to small-business loans as one of nine top priorities for the next two years, saying it plans to build a team dedicated to the issue and infrastructure "to intake and analyze small-business lending complaints." But bankers worry it may go too far.
March 3 -
Lenders are becoming more reluctant to share closing documents with real estate agents now that they have more responsibility for them, the National Association of Realtors claimed Thursday.
March 3 -
Bank of America's mobile app can do almost everything that used to require a branch visit, says Michelle Moore; Lebenthal and four other women-owned firms land a big deal on Wall Street; Sallie Krawcheck joins the board of Blythe Masters' blockchain startup; Morgan Stanley's Carla Harris says both skills and spirituality contributed to her success. Also, the woman Obama is considering for the Supreme Court seat.
March 3
-
Oversight of the four largest mortgage servicers' compliance with the national mortgage settlement is officially over, the watchdog overseeing the process said Thursday.
March 3 -
Complying with legal and credit bureau criteria for data furnishers is just one of the compelling reasons why a marketplace lender may take a pass on reporting credit data.
March 3
-
WASHINGTON The Financial Stability Oversight Council said Wednesday that it would not rescind its designation of the insurance giant MetLife as a systemically important financial institution, a move that comes as the firm's legal challenge to that label is being mulled in federal court.
March 2 -
The House Financial Services Committee approved a bill 34-22 Wednesday that would require financial regulators to tailor rules to ensure they are appropriate for small banks but the measure continues to face significant Democratic opposition.
March 2 -
WASHINGTON Loan demand over the last six weeks has remained moderate, albeit inconsistent, as financial markets continue to be concerned about the fallout from sustained low commodity prices and the strong dollar, according to a report issued Wednesday by the Federal Reserve.
March 2 -
The Consumer Financial Protection Bureau on Wednesday ordered online payment processor Dwolla Inc. to pay a $100,000 fine for deceiving customers about its security practices the first action it has taken related to data security.
March 2
