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New disclosure rules from the Consumer Financial Protection Bureau don't go into effect until this summer, but lenders are already worried about compliance and fearing it may make the closing process far more difficult.
February 5 -
As the Federal Reserve and other entities push toward developing a faster payments system in the U.S., it has become increasingly apparent that a good place to start is through debit networks.
February 5 -
Online marketplace lender CommonBond has announced that Nelnet, an education planning and financing company, has agreed to finance at least $150 million of CommonBond's annual loan volume.
February 5 -
Wells Fargo has agreed to pay $4 million to settle charges that it made secured credit card loans in violation of New York law.
February 5 -
Google Glass, the search giant's eyewear that doubles as a computer, has been discontinued with consumers for now. Even so, bankers who have experimented with the device say it was time well spent.
February 5 -
The New York Department of Financial Services has published revisions to the agency's proposed framework for regulating virtual currencies.
February 5 -
Beneficial Bancorp in Philadelphia reported higher quarterly profit due to improving asset quality.
February 5 -
Sunshine Bancorp in Plant City, Fla., has agreed to buy Community Southern Holdings in Lakeland, Fla.
February 5 -
Wells Fargo Bank will pay $4 million for credit card-related violations uncovered by a New York Department of Financial Services examination of the bank's former affiliate, according to New York officials.
February 5 -
Banks stayed away from construction lending for years after it collapsed and contributed to the financial crisis. But low interest rates and other factors have gotten some developments off the ground, leading to construction lending's comeback.
February 5
