BankThink

‘Maybe credit bureaus are dead?’: Comments of the week

11/03/17

Readers weigh in on a blockchain-based credit bureau, react to the CFPB’s arbitration rule and chime in on calls to invest more in women.

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FHFA’s g-fee calculation ignores the law

11/03/17

The Federal Housing Finance Agency must set fees equal to the cost of capital that private banks hold against similar risk, not just the amount of capital that Fannie and Freddie think are right for themselves.

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Banks would win big with tax reform; Online lenders thrive

11/03/17

The proposed 20% corporate tax rate would benefit banks more than other industries; online lenders made nearly a third of new personal loans in the first half.

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Longtime Valley National CEO to retire at end of year

11/02/17

Gerald Lipkin has been the New Jersey company's CEO since 1989. Ira Robbins, president of Valley National's bank, will succeed Lipkin.

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What fintech success looks like; the power of women united

11/02/17

The customer interface is just the tip of the iceberg in fintech, says Wells Fargo's Secil Watson. Plus, the tech trends in business banking, a power shift on sexual harassment as women support each other, and Michelle Obama's advice on raising boys.

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Big unknown for banks: Will tax plan boost growth enough?

11/02/17

Top banking executives called the Republican tax plan an important first step toward tax reform and economic stimulus, but questions immediately arose about whether trade-offs and complexities in the bill would undercut it.

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Trump makes it official, taps Powell to head Federal Reserve

11/02/17

Fed Gov. Jerome Powell, who was first nominated to the central bank by President Obama, is widely seen as a continuity choice.

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Housing groups pan GOP swipe at mortgage deduction

11/02/17

Hopes that tax reform might soften a weakening of the mortgage interest deduction were quickly dashed as the GOP plan landed a double punch on the incentive cherished by the mortgage and housing industries.

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Bank tries to rebuff investor by labeling him holding company

11/02/17

CapStar Financial is suing an investor on claims he misled other shareholders and is trying to skirt bank holding company laws.

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Fannie Mae keeping an eye on servicers' hurricane response

11/02/17

Fannie Mae servicers are facing pressure from the recent hurricanes, but so far are bearing up under the strain.

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