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An activist investor, which opposed two director nominees, failed to obtain the legally required approval from the Seattle company's state bank regulator before launching its challenge.
May 24 -
As President Trump signed the regulatory relief bill into law on Thursday, most of the attention was on a provision to help regional banks with more than $50 billion of assets. But a majority of the new law is aimed at helping institutions below $10 billion. Here's how.
May 24 -
The industry’s biggest legislative victory in a decade made it to the finish line Thursday.
May 24 -
The Canadian banks' second-quarter profits were also boosted by double-digit income growth at their U.S. operations.
May 24 -
Montgomery was confirmed by the Senate 74-23 to serve his second stint at the FHA, where he previously was commissioner during the George W. Bush administration.
May 23 -
In the continued absence of legislation, Fannie Mae and Freddie Mac’s regulator announced work on a new capital framework.
May 23 -
Union Bankshares has reached an agreement under which Federal Savings Bank will originate mortgages in its branches.
May 23 -
Republican Bob Corker of Tennessee and Democrat Mark Warner of Virginia are acknowledging the legislative efforts to end government control of Fannie Mae and Freddie Mac are dead, at least for now.
May 23 -
The Toronto bank is making good on its promise to reduce its exposure to Canada's softening housing market.
May 23 -
A major study recently named the $2.5 billion-asset CU the No. 1 performing credit union in California.
May 23 -
The Senate bill is a huge win for the financial services industry, but there are still plenty of unresolved legislative issues of interest to banks and credit unions.
May 23 -
The Senate bill is a huge win for the banking industry, but there are still plenty of unresolved legislative issues of interest to financial institutions.
May 22 -
The Nashville company significantly reduced the 2018 earnings projection for its mortgage business.
May 21 -
Bank of America on where its AI hopes (and worries) lie; Zelle founder Paul Finch announces his leave from the payments network; the one area where banks and fintechs want more regulation; and more from this week's most-read stories.
May 18 -
Credit unions may be able to reach more underserved consumers through partnerships with an unlikely ally.
May 18
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Call it mutual respect. Bankers from mutually owned British building societies and similarly structured U.S. thrifts recently gathered in New England to address common challenges and share ideas about staying relevant at a time of rapid change in financial services. Here are the takeaways from their meetings.
May 18 -
For nearly a decade, the FHFA has restricted Fannie Mae and Freddie Mac from trying to influence the raging debate over whether they should live or die.
May 18 -
The post-recession boom in auto loans and credit cards for borrowers with marred credit histories has been winding down in recent months.
May 17 -
Mick Mulvaney’s recent comments about the CFPB Qualified Mortgage rule have triggered a debate over whether regulators should take into account more than one underwriting model.
May 17 -
The credit union service organization now offers real estate services to a dozen CUs in Florida.
May 17






















