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Readers react to BofA defending reverse mortgage borrowers, support the Federal Reserve creating a real-time payments system, advocate for consolidating federal bank agencies and more.
July 25 -
The agency’s director said it will let a temporary GSE exemption from the “qualified mortgage” regulation expire.
July 25 -
State regulator Ron Rubin had been asked to resign in May over a sexual harassment complaint, but he attempted to fight the allegations.
July 25 -
Banks and third parties must work together to safeguard data being shared when a customer uses mobile apps.
July 25
The Clearing House -
Smart rulemaking starts with consolidating multiple agencies into one body with a clear mandate.
July 25
GNC Holdings Inc. -
The CEO of a big-bank lobbying group recently said that the central bank may be on the verge of pulling a bait and switch on faster payments. But his comments glossed over a lot of the relevant history.
July 24
American Banker -
The deal cleared another key hurdle as Financial Services Committee members showed little interest in slowing the formation of Truist Financial.
July 24 -
The social media giant says its cryptocurrency project can bring services to the world's unbanked. Lawmakers and regulators aren’t so sure.
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If the Federal Reserve doesn't maintain an active role, Wall Street megabanks could take over the payments system.
July 24
Calvert Advisers LLC -
The Maryland bank has to show that it can once again overcome accusations of possible misdeeds — this time tied to a political corruption probe. And there may be other problems.
July 23










