A government guarantee must be accompanied by an obligation to responsibly serve creditworthy borrowers. Without that mechanism, many creditworthy taxpayers will be left with no access.
We should instead preserve the right of consumers to choose the products and features that best provide for their familys daily financial needs, not force them into limited and costly alternatives.
Giving the rest of our sales teams regular snapshots of factors that brought about star performances is far more useful than simply reporting who those star performers are.
Homebuyers use of flawed automated valuation models creates an artificial drag on values during recoveries, amplifies appreciation during booms and results in a wide bid-ask spread that delays or torpedoes sales.
Because third-party processors are on the hook for losses from fraudulent transactions, they have as much interest in eliminating bad actors as anyone.
The problem isnt evil prepaid companies and employers, but, rather, a lack of awareness and education about the products and options that are available.
Widespread adoption of same-day settlement will level the competitive playing field for all financial institutions and allow all account holders to benefit from expedited settlement.
Many regulators and pundits overlook the distinct difference between responsible lenders who offer a safe, reliable loan product, and unscrupulous lenders who commit fraudulent acts and scam consumers.
Want consumers to engage with your financial firm? Dont try to turn their finances into a flashy smartphone game; find new ways to do their banking for them.
A sharp rise in interest rates could cause customers to cash in CDs they have purchased only 30 to 60 days prior. It should not be easily cost effective to cash any CD prior to maturity.
