Bankruptcy Blogs

Trump speeds effort to scrap CDFI grants

03/28/17

The Trump administration is seeking to immediately shut down the Treasury Department’s grant programs for community development financial institutions.

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Is Home Bancshares pressing luck in Florida with deal No. 13?

03/28/17

The Arkansas company has bought 12 banks in Florida since 2010, and its CEO said he had coveted Stonegate for years before agreeing to buy it this week. Yet there is nagging talk about a new bubble in the Sunshine State.

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Lawmakers consider broad Dodd-Frank carve-out for small institutions

03/28/17

Lawmakers from both parties asked experts Tuesday if institutions with less than $10 billion of assets should be exempt from Dodd-Frank regulations, signaling a possible bipartisan compromise.

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Why millennial employees baffle bank executives

03/28/17

Young professionals have a reputation in banking for hopping from job to job. So what exactly are they looking for? The same things as older peers: solid benefits and better pay, according to recent surveys.

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How fraudsters are gaming online lenders

03/28/17

As online lenders and their vendors step up monitoring, patterns of fraud are emerging.

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N.Y. deal could allow Ocwen to purchase MSRs again

03/28/17

Ocwen Financial is a step closer to the day when it can resume purchases of mortgage servicing rights.

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Wells Fargo's steep CRA downgrade could cost it clients, hamper growth

03/28/17

With a "needs to improve" rating, Wells Fargo is now subject to a wide range of regulatory restrictions on things like branch openings and M&A.

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Do banks have a real shot at regulatory relief?

03/28/17

Richard Hunt of the Consumer Bankers Association on reg reform, the chances for a Durbin rollback and more.

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TD and Moven extend partnership to U.S.

03/28/17

MySpend, the app created by TD Bank and Moven, is a hit in Canada. The companies have signed an agreement to extend exclusivity to the U.S.

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Bankers, credit unions oppose GSEs' foray into chattel loan market

03/28/17

The Federal Housing Finance Agency is facing criticism from bankers and credit unions over its planned pilot program to allow Fannie Mae and Freddie Mac to securitize manufactured housing loans.

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