M&A consolidation, improved portfolio performance and legislation leveling the playing field provide incentive for mid-sized banks to relaunch card programs.
A scare story about double-charging in Marks & Spencer, the retail home of the British middle classes, is worth examining to make sure similar misconceptions dont spread in the U.S.
Research indicates education from a counselor who helps homeowners understand the terms of their mortgages should be part of the formula for sustainable homeownership.
As the government banishes home loan products deemed unsuitable for most borrowers, why does it continue to backstop one thats pitched to aging seniors mainly by nonbank lenders?
While face-to-face interactions may be nowhere near the most common banking transaction these days, they continue to have an inordinate influence on how customers think and feel about a bank. We cannot afford to waste them.
Reforming the housing finance system cannot and should not be rushed, especially since we lack basic information on the likely impact of the various proposed alternatives.
The U.K. Help to Buy guarantee program provides a good example of how a private-public risk sharing arrangement could be structured among mortgage insurers, lenders and the government.
As much as David Fiderer and others try to defend the GSEs and the policies that drove them into insolvency, the taxpayers who bailed them out are unlikely to be fooled.
