BankThink

SBA plays catch-up as threat of another shutdown looms

01/31/19

Lenders are glad the agency worked swiftly through a backlog of paperwork, but they're worried funds will get cut off if the government closes again.

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House Republicans to White House: Add state regulator to FDIC board

01/31/19

The lawmakers said the lack of someone with a state supervisory background among the agency's three inside board seats violates federal law.

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Cullen/Frost moves quickly on hires as part of Houston expansion

01/31/19

The regional bank is roughly a third of the way to the 260 workers needed to staff the 25 branches it plans to open there over two years.

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U.S. Bancorp expands borrowing options for corporate clients

01/31/19

The new asset-based securities lending unit, based in Charlotte, N.C., will provide warehouse lines of credits to nonbank consumer and commercial lenders.

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Options-trading fintech wins backing from big and small banks

01/31/19

Gatsby, which has built an app to let novice investors buy puts or calls, has received funding from Barclays, Radius Bank and others. Radius is considering offering the service to its customers.

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Biggest banks provide the best financial advice: Survey

01/31/19

The combination of their convenient branch networks and strong digital offerings makes large, national banks tough to beat in dispensing financial guidance, consumers say.

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LoanDepot hit with Ginnie Mae sanctions over VA mortgage compliance

01/31/19

Ginnie Mae has restricted loanDepot's ability to securitize Veterans Affairs mortgages because of apparent churning of recent originations.

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FDIC's small-dollar riddle: How to entice banks, yet stay tough

01/31/19

The agency is exploring how to reopen small-dollar lending options for banks, but consumer groups are urging the agency to maintain pricing limits and other controls.

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Trump is said to consider Herman Cain for Federal Reserve Board

01/31/19

Herman Cain, the former pizza company executive who ran for the Republican presidential nomination in 2012, is being considered by President Trump for a seat on the Federal Reserve Board.

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FHFA taps White House special assistant as new chief of staff

01/31/19

The Federal Housing Finance Agency has appointed a special assistant to President Trump and former Trump campaign official as chief of staff of the agency.

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