Bankruptcy Blogs

Will banks be swept into CFPB's debt-collection rule?

11/25/19

Lenders contend the proposal goes beyond policing third-party debt collectors and could expose banks to enforcement actions and lawsuits.

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Rural areas suffer brunt of U.S. bank branch closings: Fed report

11/25/19

More than half of U.S. counties lost access to bank branches between 2012 and 2017, with rural counties that have less educated and minority residents especially hurt, the central bank said.

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Parsing bankers' warnings on credit

11/25/19

Several banks have reported spikes in substandard loans, special mention credits and watch-list relationships. What does it all mean?

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OCC gives banks another break on their assessment fees

11/25/19

A 10% cut next year, which will be identical to the fee reduction this year, is projected to save the industry about $85 million next year.

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CFPB sued for allegedly failing to supervise student loan servicers

11/25/19

Democracy Forward filed the lawsuit Monday against the consumer bureau, Director Kathy Kraninger, the U.S. Department of Education and Education Secretary Betsy DeVos.

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Credit Unions with the Largest Portfolios of Home Equity Loans

11/25/19

On Jun. 30, 2019. Dollars in thousands.

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Behind Wells Fargo’s foray into quantum computing

11/25/19

The bank is testing the emerging technology with IBM in an effort to speed up risk analysis and derivatives pricing.

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Credit Unions with the Largest Portfolios of First Mortgage Loans

11/25/19

On Jun. 30, 2019. Dollars in thousands.

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Credit Unions with the Largest Credit Card Portfolios

11/25/19

On Jun. 30, 2019. Dollars in thousands.

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Sterling in New York creates group to bank technology companies

11/25/19

The company hired two bankers from CIBC to lead the newly formed group.

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