BankThink

House lawmakers poised to ease loan officer licensing rules

12/13/17

The House Financial Services Committee was expected to approve a bill as early as Wednesday that amends key provisions of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008.

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Dear Congress: Don't lose New Markets credit in tax reform deal

12/13/17

Lawmakers should preserve the credit meant to spur economic development as part of sweeping tax reform being debated in Congress this week.

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South Atlantic Bancshares in S.C. makes first bank acquisition

12/13/17

The company agreed to pay $18 million for Atlantic Bancshares in a deal that will increase its operations along South Carolina's coast.

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Heartland in Iowa to enter west Texas with First Bank acquisition

12/13/17

The company will pay $186 million for First Bank Lubbock in a deal that also includes mortgage unit PrimeWest Mortgage.

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SmartFinancial's latest deal involves expansion in middle Tennessee

12/13/17

The company will also gain branches in northern Alabama when it buys Tennessee Bancshares.

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Bitcoin mania grows; Trump’s deregulation strategy

12/13/17

Interactive Brokers says it will allow customers to bet against the cybercurrency; aides to Alabama senator drafted for key regulatory positions to ease banking rules.

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Drop in mortgage delinquencies shows no sign of bottoming out soon

12/13/17

The long-running slide in mortgage payments 60 or more days past due will continue next year, and perhaps even longer as borrowers benefit from favorable economic conditions.

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Vanguard leapfrogs cautious banks, unveils blockchain network plan

12/12/17

Rather than forming a consortium of peers to investigate blockchain technology, as many banks have done, one of the world's largest asset managers is acting on its own.

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Cheat Sheet: House banking panel’s 14-bill marathon

12/12/17

The House Financial Services Committee began consideration of 14 bills on Tuesday, including one that would stop Fannie Mae and Freddie Mac from being released by the government and another hailed as helping the underbanked in rural areas.

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Mastercard targets millennial clients with digital money management service

12/12/17

Assemble allows Mastercard partners or issuers to provide checking, budgeting and payment features, as well as additional money management.

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