BankThink

Shares of Fannie, Freddie fall as hopes for quick-fix plan fade

01/29/19

A White House spokeswoman said the administration wants to work with Congress on a housing finance reform plan, providing evidence that changes might not be imminent.

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GreenSky launches new loan product for elective health care

01/29/19

The Atlanta fintech is looking to expand rapidly beyond its roots of arranging financing for home improvement projects.

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GSEs, data security top Senate Banking's agenda

01/29/19

Fixing the housing finance system is "the last piece of unaddressed business from the financial crisis," according to a summary of to-do items released by the Banking Committee's chairman.

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Former WashingtonFirst execs plan new bank in Northern Virginia

01/29/19

Shaza Andersen, a well-known banker around the nation's capital, would serve as Trustar Bank's CEO.

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Banks spend heavily on marketing to win deposits, push digital

01/29/19

At banks of all sizes — from the $7.2 billion-asset WSFS Financial to the $373 billion-asset Capital One — marketing budgets ballooned in the fourth quarter.

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The bank that became too good at commercial lending

01/29/19

Woodforest National Bank made so many C&I loans that it cut into capital and required more liquidity. It has shifted gears, selling two business lines as it refocuses on deposit gathering.

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Fintech targets banks keen for out-of-market CRE loans

01/29/19

CrediFi helps bankers pursuing commercial real estate loan growth minimize the risk in lending to customers they historically haven't served.

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War for online deposits eats into CIT Group's 4Q profit

01/29/19

Earnings fell well short of analysts' estimates due in part to a 28% increase in interest expenses.

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House passes bills to tackle illicit use of virtual currencies

01/29/19

The bipartisan legislation would establish a task force to study how bad actors exploit new technologies and reward tips that lead to criminal convictions, among other things.

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Federal shutdown gave Varo an opening to offer a higher savings rate

01/29/19

The 35-day partial government closing exposed how many Americans are living paycheck to paycheck, and financial firms need to help solve that problem, the mobile banking firm’s CEO says.

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