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The Consumer Financial Protection Bureau faces its first jury trial in April in a case that could test whether the embattled agency is overstepping its authority and if it can engage in what critics see as Operation Choke Point-style tactics.

Read More from: BankThink

3 min 41 sec ago

The new group, which will work alongside the bank’s lobbyists and focus on policy at U.S. and overseas regulators, is being run by Kevin Bailey, an alum of the OCC and GE Capital.

Read More from: BankThink

3 min 41 sec ago

Republican lawmakers are citing a recent report that delinquencies rose for loans guaranteed by the Federal Housing Administration as a reason to delay a premium cut, but economists suggest the uptick is related to seasonal issues.

Read More from: BankThink

3 min 41 sec ago

The move will more than double the size of Eldorado's branch network, while allowing MidCountry to exit the market.

Read More from: BankThink

3 min 41 sec ago

Although much of banking is cautiously optimistic about the Trump presidency, the financial firms and organizations that serve the unbanked see the election as a mixed bag at best so far.

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3 min 41 sec ago

The insurance company, facing regulatory scrutiny and lawsuits over a former sales relationship with Wells Fargo, said it may press its partner to cover costs after halting the sales.

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3 min 41 sec ago

The prepaid card issuer has been striving to overcome the setback it suffered from the discontinuation of a popular product in 2015.

Read More from: BankThink

3 min 41 sec ago

Four retail managers are the first senior employees let go by the bank for their roles in the phony accounts scandal; federal court rules against investors in GSE suit.

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12 hours 3 min ago

A rollback of fair-lending enforcement activity undertaken by the previous administration would deny justice to millions of families that are subjected to discriminatory practices.

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12 hours 3 min ago

Tala, based in Santa Monica, Calif., makes its loan decisions after analyzing data on the mobile phones of users in Kenya and the Philippines.

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12 hours 3 min ago

If you've ever walked past a film shoot, it's easy to see how much more there is to the movies and TV than just the star and director. There's often dozens or even hundreds of other people involved in the production — bit players, stunt performers, musicians and more — and they all have to be paid, at times irregularly and under different rules.

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12 hours 3 min ago

The U.K. challenger bank will reportedly bring the singer on as a brand ambassador, with an option to acquire a stake in the company

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12 hours 3 min ago

The newest reputational threat has nothing to do with violations of regulations or ethical norms, but rather with the extreme polarization and activism spreading through the country.

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12 hours 3 min ago

The banking industry's top advocacy groups can't support giving credit unions capital-raising alternatives, but they are trying to understand the NCUA's complex proposal before filing comment letters against it.

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12 hours 3 min ago

Lawyer Nick GajewskiThis is one of the most common questions I’m asked.  Debt consolidation (or Chapter 13 Bankruptcy as it is technically known) is one of the most common types of bankruptcy cases, and many people are familiar with how it works.  We have written before about many of the details of Chapter 13 Debt Consolidation, but today I wanted to address the issue of how to qualify for a Chapter 13 case.

Read More from: Bonds & Botes, P.C.

15 hours 7 min ago

New Jersey bankruptcy lawyer

In order to determine whether bankruptcy is the correct option for you, careful consideration must be given to your situation. However, among the most critical factors to take into account are:

17 hours 7 min ago

Morgantown Excavators, Inc. v The Huntington Nat’l Bank (In re Morgantown Excavators, Inc.), 557 B.R. 469 (Bankr. N.D. W.Va. 2016) – Chapter 7 debtors sued a lender alleging violations of the Uniform Commercial Code (UCC) and other state law based … Continue reading

18 hours 8 min ago

A federal appeals court upheld a ruling that barred hedge funds from suing to overturn the U.S. government’s 2012 decision to capture billions of dollars in the profits generated by the mortgage guarantors Fannie Mae and Freddie Mac after their bailout.

Read More from: BankThink

1 day 3 min ago

Wells Fargo has fired its consumer credit solutions head and three other senior managers for actions related to a scandal involving employees creating fraudulent customer accounts.

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1 day 3 min ago

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