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Fannie Mae and Freddie Mac have been the primary source of multifamily financing since the financial crisis. But in crafting legislation to wind down the government-sponsored enterprises and restructure the housing finance system, the lawmakers in the House and Senate have largely ignored the GSEs' multifamily businesses.
November 1 -
Camco Financial (CAFI) said its Advantage Bank has been released from a 2012 enforcement action less than a month after agreeing to sell itself to Huntington Bancshares (HBAN) in Columbus, Ohio.
November 1 -
JPMorgan Chase & Co. (JPM), the biggest U.S. bank, disclosed that authorities in the U.S. and abroad are investigating the lender's hiring practices in Asia.
November 1 -
Zions Bancorp (ZION) in Salt Lake City has raised $162 million in an auction of subordinated debt.
November 1 -
NewBridge Bancorp (NBBC) in Greensboro, N.C., has agreed to buy CapStone Bank (CPSE) in Raleigh, N.C.
November 1 -
The Office of the Comptroller of the Currency has released Hudson Valley Bank in Yonkers, N.Y., from a 2012 enforcement action.
October 31 -
Higher expenses made Green Dot's third-quarter profits fall 36% from a year earlier. The prepaid card issuer also said Thursday that it is adding six more products to its WalMart MoneyCard line.
October 31 -
The Senate Banking Committee continues to discuss housing finance reform options even as efforts to confirm Congressman Mel Watt to run the Federal Housing Finance Agency stall.
October 31 -
City National Corp. (CYN) in Los Angeles has announced the pricing of a $100 million public offering.
October 31 -
Gibraltar Private Bank & Trust in Coral Gables, Fla., has promoted Angel Medina to president.
October 31
