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Consumers are on pace to tally another $55.8 billion in credit card debt this year, despite paying off $34.7 billion in card debt during the first quarter, according to a study.
June 8 -
Tom Ormseth has built a competitive strategy around digital banking, driving Wintrust to be an early adopter of innovative new features.
June 7 -
Under the leadership of CEO Uzoma Dozie, Diamond Bank has refocused on digital banking offerings, with an aim of improving the financial lives of the underbanked.
June 7 -
Sun National Bank in Mount Laurel, N.J., has promoted Anthony D'Imperio to chief credit officer and senior vice president, according to a filing with the Securities and Exchange Commission this week.
June 5 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week, including the debate over how to expand access to mortgage credit and the dangers and opportunities presented by large-scale corporate data mining.
June 5
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The Louisiana Real Estate Appraisers Board has fined an appraisal management company $5,000 for failing to pay "customary and reasonable" fees to appraisers.
June 5 -
How interested banks, REITs and other investors will be in replacing the Federal Reserve as buyers of mortgage-backed securities insured by government-related entities depends on a wide range of regulatory and economic factors.
June 5 -
Guarantee Mortgage Corp. has agreed to pay a $228,000 fine to the Consumer Financial Protection Bureau on allegations that it violated rules dealing with loan originator compensation.
June 5 -
The P-to-P industry in Britain has remained focused on individual investors, even as American firms have been courting institutional money. But the two markets may finally be starting to converge.
June 5
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Steep legal fees used to make it difficult for smaller banks to invest in renewable energy tax credits. A new fund is looking to lower the typical legal fees that have made such investments cost-prohibitive for community banks.
June 5
