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A growing number of community banks are working with Farmer Mac to offer loans at lower rates, helping them compete with Farm Credit institutions.
May 7
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The case for a national housing finance commission.
May 7
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A bank cited by regulators for lending policies allegedly favoring minorities and women over white males is proof for some of just how frustrating it is for institutions to comply with fair lending laws.
May 7 -
A new paper commissioned by the American Enterprise Institute, a conservative think tank, highlights risks community banks face from the Dodd-Frank Act.
May 7 -
Independent Bank Group in McKinney, Texas, was already a busy buyer. Now with nearly $90 million of fresh equity and a valuable stock, the bank is looking to more than double its size over the next five years.
May 7
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American Express is pursuing a new chief financial officer to help it manage the opportunities and financial stress borne by the future of digital commerce and emerging merchant acquisition strategies.
May 7 -
Regulators are trying to shut down Mission Settlement Agency in New York and Premier Consultant Group in New Jersey, alleging they charged millions of dollars in unnecessary fees.
May 7 -
Alaric Systems Ltd. will add myPinPad software to its card-not-present security offerings for payments service providers.
May 7 -
Residential Capital, the bankrupt mortgage company, won more time to file an exclusive plan to reorganize while it attempts to settle a dispute between creditors and parent Ally Financial.
May 7 -
The Federal Reserve Board has terminated an enforcement action against Greer Bancshares in Greer, S.C.
May 7
