2017-12-26
HUD Secretary Ben Carson has spent much of his first year trying to convince lenders they wouldn't be harshly penalized if FHA-guaranteed loans went bad. But he still has a ways to go.
Read More from: BankThink
2017-12-26
Any decline in home equity balances could be offset by higher demand for other types of consumer loans. The worry is that only borrowers with blemished credit will take out home equity loans, increasing banks’ risk.
Read More from: BankThink
2017-12-26
David Becker is trying to prove to investors that his Indiana bank can succeed over the long term. With the rise of online banking and fintech firms, Becker is a community banker worth watching in the new year.
Read More from: BankThink
2017-12-26
Banks plan to spend more on blockchain and AI in the coming year, and appear willing to explore new technology partnerships.
Read More from: BankThink
2017-12-26
Bank M&A started off with a bang this year, with eight of the 10 biggest deals taking place in the first six months. North Carolina and Florida accounted for six deals on the list.
Read More from: BankThink
2017-12-26
A new European Union directive guarantees that third-party providers can access bank customers’ account information. The requirement will trigger a new revolution in financial services in Europe that U.S. bankers should be tracking.
Read More from: BankThink
2017-12-26
ProPublica just posted a fascinating piece on bankruptcy fraud in the Central
Read More from: Shenwick & Associates
2017-12-26
“Bankruptcy”.
Bankruptcy is not a word that inspires confidence, hope, or assurance.
Read More from: Chris Wesner Law Office LLC
2017-12-26
Some were sold at discounted prices, while others were shut down by their acquirers or quietly ceased doing business.
Read More from: BankThink
2017-12-22
Prince Alwaleed bin Talal, the largest shareholder of Citigroup who has been detained since early November in a corruption probe, faces a demand from Saudi Arabian authorities of at least $6 billion to win his freedom, according to a report in the
Read More from: BankThink
2017-12-22
Davis, who stepped down as CEO a year ago, will retire as the company's chairman and as an employee at the end of this year.
Read More from: BankThink
2017-12-22
The reduction is “primarily” from a lower value of net deferred tax assets, the bank said in a securities filing Friday, the same day President Trump signed the legislation.
Read More from: BankThink
2017-12-22
Sen. Elizabeth Warren, D-Mass., and four other Democrats on the Senate Banking Committee are insisting on a recorded vote by the full Senate for the nomination of Brian Montgomery as Federal Housing Administration commissioner.
Read More from: BankThink
2017-12-22
We never promised the news would be good for all these community bankers, and it wasn’t. One couldn’t stop a failure, and another quit soon after an acquisition. The rest have their banks at different points on the comeback trail.
Read More from: BankThink
2017-12-22
The seven largest national banks held less than 5% of loans that were delinquent at the end of the third quarter, the Office of the Comptroller of the Currency said Friday.
Read More from: BankThink