Bankruptcy Blogs

GSE regulator calls for better alignment of mortgage buyback policies

03/30/17

Private market mortgage insurance companies should better align their buyback and rescission policies with those of Fannie Mae and Freddie Mac, the Federal Housing Finance Agency said.

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Is one-stop banking viable anymore?

03/30/17

The concept of a primary bank that satisfies all customer needs is becoming a relic of the past, so banks must rethink their revenue models.

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Key SBA program in danger of hitting legislative cap

03/30/17

Without congressional help, the 7(a) program could be forced to shut down for the second time in three years.

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B of A commits $1.5 million to boost Charlotte fintech effort

03/30/17

The money is intended to help the North Carolina city become a fintech hub.

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Despite the DAO-saster, its creators raise $2M

03/30/17

Slock.it says its current project will enable people to exchange the ownership of devices connected to the Internet of Things.

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CIBC boosts offer for PrivateBancorp to $4.9 billion

03/30/17

The revised offer is 20% higher than the initial bid, which amounted to a discount after bank stocks soared following the November elections.

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State regulators’ dialogue with fintechs is a hopeful sign

03/30/17

An improved state-level system could be a tremendous advantage. Working closely with a cooperative regulator, innovators large and small can rapidly test a concept within state lines.

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JPMorgan eyes Dublin as possible Brexit landing spot

03/30/17

JPMorgan Chase is in talks to buy a Dublin office building as the bank considers expanding in the Irish capital as one of its options for when Britain leaves the European Union, according to people with knowledge of the matter.

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Senators warn FHFA against suspending Fannie, Freddie dividends

03/30/17

A bipartisan group of senators told Mel Watt, the regulator who oversees Fannie Mae and Freddie Mac, that he shouldn't allow the companies to recapitalize without congressional approval.

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Another bank fudges; Santander auto unit fined

03/30/17

Citizens Financial workers say they made up meetings with bank customers to meet sales pressures; car financing subsidiary settles with two states for $26 million for making bad loans.

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