Bankruptcy Blogs

Yet another Wells scandal; House moves closer to passing dereg bill

04/27/18

Wells may have tried to lure 401(k) customers into more expensive IRAs; Hensarling says he will go along with Senate version of Dodd-Frank rollback.

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Warren probes CFPB over lobbyists’ influence on Mulvaney

04/27/18

Sen. Elizabeth Warren, D-Mass. is asking CFPB’s top ethics official if the agency has taken steps to ensure Mulvaney is excluded from matters involving banks and other firms that contributed to his campaign when he was a congressman.

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'Along comes this lunacy': Comments of the week

04/26/18

Readers weigh in on the action at Wells Fargo’s annual meeting, debate the idea of changing the Consumer Financial Protection Bureau’s name, chime in on a postal banking proposal and more.

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CFPB finalizes rule to fix TRID 'black hole'

04/26/18

The CFPB finalized an amendment to its "Know Before You Owe," mortgage disclosure rule that gives lenders more flexibility to adjust closing cost estimates and pass on those increases to borrowers.

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Venture capital wave lifts profits at SVB

04/26/18

A 20% increase in lending, largely to players in the tech industry, helped the California company offset a one-time loss tied to an investment in the streaming company Roku.

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This N.C. bank is going to great lengths to avert hostile takeover

04/26/18

KS Bancorp wants to become a corporation in business-friendly Delaware, which would be more likely to back its defensive-minded share-rights plan.

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Discover’s credit quality weakens, but profits climb on tax savings

04/26/18

The credit card lender reported a decline in pretax earnings, but a sharply reduced tax bill led to a 17% profit gain.

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Postal banking is back on the table. Here's why that matters

04/26/18

Whether you like the idea or hate it, expect to hear a lot more about postal banking over the next two and a half years.

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Shift to smaller loans is paying off for Cullen/Frost

04/26/18

The San Antonio company said that it has scaled back its exposure to energy loans in favor of a greater emphasis on loans of less $10 million.

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Link between payday campaign cash and lawmakers' votes, report claims

04/26/18

The details about political donations to over a dozen lawmakers raise fresh questions about the payday lending sector's influence in Washington.

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