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A number of community banks took sizeable hits during the financial crisis due to dealings in participation loans. As more banks to reconsider these loans, some industry observers wonder if banks will stay disciplined.
May 2 -
It looks like average credit scores have fallen, but only if you examine GSE and FHA originations separately, the think tank's researchers say. When they are combined, the average holds steady.
May 2 -
First Bancorp (FBNC) in Southern Pines, N.C., saw its earnings nearly double in the first quarter from a year earlier behind higher net interest margin, lower provision for loan losses and higher fee income.
May 2 -
Banks have made major progress when it comes to promoting gay and lesbian equality at home. Now they are trying to solve their problems in countries including Russia and Uganda, mostly by advocating for change in private, the CEOs of Citi and MasterCard said Thursday.
May 2 -
Ocean Bank in Miami has been freed from an enforcement action by state and federal regulators.
May 2 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
May 2
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World Acceptance, a Greenville, S.C.-based finance company that provides subprime consumer loans, submitted documents to the Consumer Financial Protection Bureau as part of a federal investigation into its lending practices.
May 2 -
A college chain fires back at the Consumer Financial Protection Bureau's first public enforcement action against a company in the for-profit college space.
May 2 -
South Carolina-based CertusBank attracted a half billions dollars in commitments to buy failed banks in the wake of the financial crisis. How the early high hopes have been dashed offers important lessons to the industry, regulators and outside investors.
May 1 -
A consumer debt collection agency was shut down by New York Attorney General Eric Schneiderman on Thursday morning after dozens of complaints were filed about the company's business tactics.
May 1



