ABI Blog Exchange

2018-08-08
The House Financial Services Committee has scheduled an FHFA oversight hearing for September in the wake of waste, fraud and abuse allegations.

Read More from: BankThink

2018-08-08
Many individuals who owns taxi medallions that are “underwater” (the amount of the bank loan exceeds the value of the medallion) are interested in cramming down the taxi medallion loan so that the secured portion of the taxi medallion loan equals

Read More from: Shenwick & Associates

2018-08-08
The central bank’s dividend waiver rule has severely limited the formation of mutual holding companies.

Read More from: BankThink

2018-08-08
The Delaware company plans to reinvest savings from the $1.5 billion acquisition to upgrade technology and delivery channels.

Read More from: BankThink

2018-08-08
The company says several banks and credit card issuers are interested in data sharing; rates may go even higher when corporate borrowers need to refinance.

Read More from: BankThink

2018-08-07
Even Financial, which provides an intermediary API between banks and third parties for consumers to be matched with financial products, raised the funds from investors, including Goldman Sachs.

Read More from: BankThink

2018-08-07
The marketplace lender recorded an impairment charge tied to the acquisition of a specialty lending business and is still being hit with costs stemming from the scandal that toppled its previous CEO.

Read More from: BankThink

2018-08-07
There’s much for banks to like — and for consumer advocates to dislike — in a report on the industry's overdraft policies released Tuesday by the Center for Responsible Lending.

Read More from: BankThink

2018-08-07
The former Trump campaign chair got $16 million in mortgages from The Federal Savings Bank. His trial is shedding new light on what the bank's CEO allegedly received in return.

Read More from: BankThink

2018-08-07
JPMorgan Chase, SunTrust and PNC are pressuring outside counsel to get more women and minority lawyers to represent them in court even at the risk of alienating the big, traditional law firms that they have done business with for years.

Read More from: BankThink

2018-08-07
The bureau announced the creation of the Global Financial Innovation Network for regulators to discuss joint policy work and offer a cross-border product testing process.

Read More from: BankThink

2018-08-07
The mortgage giants Fannie Mae and Freddie Mac would have to draw as much as $78 billion in the event of a serious economic crisis, according to stress test results released Tuesday by the housing regulator.

Read More from: BankThink

2018-08-07
The biggest impact may be to focus the administration’s efforts on selecting a nominee to succeed Director Mel Watt, whose term ends in January.

Read More from: BankThink

2018-08-07
N.B.C. Bancshares' deal for Bank of Cushing will give it two branches an hour outside of Tulsa.

Read More from: BankThink

2018-08-07
The skeptics keep waiting for investment in financial startups to dry up, but it doubled in the first half of 2018. KPMG's Safwan Zaheer explains why.

Read More from: BankThink

2018-08-07
The online small-business lender was aided by loan growth, wider margins and stable credit trends. Its shares surged by 25% after second-quarter earnings were announced.

Read More from: BankThink

2018-08-07
Bank organizers are picking one another's brains about hiring decisions, applications and raising capital as part of the monthslong effort to secure charters.

Read More from: BankThink

2018-08-07
UniCredit SpA stopped using Facebook Inc. for advertising, alleging the media giant hasn’t acted ethically, a move other large companies have also threatened to make.

Read More from: BankThink

2018-08-07
Upcoming Committee Formation Meeting:  Thursday, August 16 10:00 AM Case Name: 18-11801 (LSS)