BankThink

Cash-out refis back in demand, raising credit concerns

02/09/17

The rise in home values is good news for homeowners looking to tap the equity in their homes to pay down debt or make big purchases, but some consumer groups fear it could lead to a new wave of loan defaults.

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Bankers sue Fed over highway fund diversions

02/09/17

The American Bankers Association filed a lawsuit Thursday against the Federal Reserve and the federal government in general over a provision in the 2015 transportation bill that diverted dividend payments to Fed member banks to the highway fund.

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How will CDFIs fare under Trump?

02/09/17

Supporters of the Community Development Financial Institutions Fund, a Treasury program, are weighing the potential for budget cuts against the administration's interest in creating jobs and helping low-income communities.

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Cheat sheet: Hensarling's plans to gut CFPB, revamp stress tests

02/09/17

A House plan to provide regulatory relief will be more far-reaching when it is reintroduced soon by rendering the consumer protection agency toothless and providing banks with extra incentives to opt into a deregulatory plan.

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Corporate boards are on board with blockchain, survey finds

02/09/17

Some say 2017 is a make-or-break year for the recordkeeping technology spawned by bitcoin. According to a survey released Thursday, most executives in financial services and IT are putting their money on "make."

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#ShePersisted, millennial myths and female-led ETFs

02/09/17

Elizabeth Warren getting shushed on the Senate floor gives her a much bigger (and wildly enthusiastic) audience for her message; ETFs set an example in female leadership for all of financial services; and more.

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Real issue for debt collectors is the irrelevance of telephones

02/09/17

Rather than push for looser rules on robo-calls, the industry should focus on policy related to the channels consumers prefer: email and text messages.

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How CFPB commission could overcome Dem opposition

02/09/17

The Consumer Bankers Association says the “whipsaw effect” of having a single director who can quickly tack the CFPB in one direction or another can make it challenging to plan out budget expenditures and determine which products and services they should invest in and offer.

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Hensarling’s reg reform bill is hardly a big-bank giveaway

02/09/17

In reality, the Financial Choice Act has appeal for both those who want to unwind the Dodd-Frank Act and regulatory hawks who want to keep banks in check.

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‘America First’ policy may backfire on banks

02/09/17

In a white paper published Thursday morning, consulting firm Federal Financial Analytics warns that President Trump’s protectionist attitudes toward the manufacturing and industrial sectors may usher in a new era of uncertainty for the financial services industry.

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