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The deadline has arrived for mandatory submissions to the Federal Housing Administration's Electronic Appraisal Delivery portal, but as many as one-third of lenders that originate FHA-insured mortgages have yet to use the new system.
June 27 -
BankFinancial in Olympia Fields, Ill., said it expects to record an $875,000 gain in the second quarter after selling three loans.
June 27 -
A more nuanced view than the two opposing camps supporting or denigrating Dodd-Frank seeks to make banks profitable while ensuring consumers are protected and benefit from economic growth.
June 27
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In a setback for the U.S. consumer finance industry, the Supreme Court said Monday that it will not review a lower court's decision that bolstered the ability of states to enforce bans on high-cost lending.
June 27 -
Rejecting calls from across the financial-services industry, the U.S. Supreme Court let stand a ruling that gives borrowers more power to enforce state limits on interest rates.
June 27 -
Class action lawsuits are supposed to promote judicial efficiency, yet they mostly benefit plaintiff's lawyers while providing little for the people who are actually in the class.
June 27
Jones Waldo Holbrook & McDonough -
Berkshire Hills Bancorp in Pittsfield, Mass., has agreed to buy First Choice Bank in Lawrenceville, N.J.
June 27 -
People's United Financial in Bridgeport, Conn., has agreed to buy Suffolk Bancorp in Riverhead, N.Y.
June 27 -
Perhaps you read on vacation to escape the financial services grind, or perhaps you read to hone your business craft. Numerous titles on this year's list recommended by American Banker readers, BankThink contributors, our staff and others fall somewhere in between. Read about the lives of figures like Elon Musk or Barney Frank. Understand disruption, human error and how to manage stress. Or, perhaps you just want some insight into the sociopath's playbook. It's all here.
June 27 -
A libel lawsuit against a Pennsylvania newspaper and three reporters will continue following a ruling by the Pennsylvania Superior Court. A judge brought the suit following a fake courtroom debt collections case.
June 26




