Bankruptcy Blogs

BNY Mellon’s profits surge 29% on expense cuts, rate hike

01/19/17

A 9% increase in interest revenue helped to offset relatively flat growth in fee revenue.

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$100M in debt financing for Texas-based online lender

01/19/17

BorrowersFirst said its new financing will come from Waterfall Asset Management, a New York firm that focuses on high-yield investments.

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Fintech companies form lobbying group focused on data sharing

01/19/17

A consortium of fintech companies have formed a new industry group to advocate for better data sharing via open APIs.

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Credit Unions with the Largest Portfolios of Loans and Leases

01/19/17

On Sept. 30, 2016. Dollars in thousands.

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Credit Unions with the Most Deposits

01/18/17

On Sept. 30, 2016. Dollars in thousands.

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F.N.B. buoyed by organic loan growth, M&A

01/18/17

The Pittsburgh company was aided by high-single-digit organic loan growth in addition to an acquisition that was completed in February.

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Homeownership crucial for 'a stable democracy': departing Ginnie chief

01/18/17

In a candid, in-depth exit interview, Ted Tozer discusses Ginnie Mae's growth during his seven years at the agency's helm, the need for comprehensive housing finance reform, big banks' retreat from mortgages, counterparty risk management and more.

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Squaring privacy with ID checks and compliance on the blockchain

01/18/17

Justin Newton, founder and CEO of Netki, discusses the barriers to commercialization of bitcoin, how his startup is trying to solve the problem, why private blockchains are useful and why public ones will eventually become more valuable.

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Will rising rates + looser regs = mortgage excess? Possible, but doubtful

01/18/17

Rising interest rates typically cause lenders to relax underwriting guidelines. The incoming administration promises to deregulate. Sounds like a combustible mix, but there's ample room to loosen credit without returning to the practices that caused the crisis.

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CFPB suit against Navient followed apparent 'ultimatum'

01/18/17

The Consumer Financial Protection Bureau and two states on Wednesday sued the nation's largest student loan servicer, Navient, for allegedly systematic failures in processing loan payments and failing to enroll borrowers in less expensive repayment plans.

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