Most of us in the banking community are seeking - after the crash - to rebuild trust, shareholder and client loyalty, businesses and lives. As time goes on and memories fade, we should remember the job is not finished
Certain loans were well underwritten and structured, and are underperforming now solely because of job losses. Drastic approaches like modifications and refis are unnecessary to help these ordinarily creditworthy homeowners.
Many of the people we've spoken to for our documentary share a crusading inclination. And they point out that there's still more beneath the subprime iceberg that needs to be explored.
Top-down regulation can help protect consumers, but simple tools that provide relevant information online can help consumers protect themselves - and reward good behavior among payday lenders.
That $2 billion trading loss is just last week's headline. Is Chase so big and complicated that no CEO could apply, teach and enforce decency and the smell test?
Louisiana has filed a RICO complaint against MERS and a host of megabanks, Bank of America included. Down the line, consumer advocates hope hard-nosed prosecutors can provide what Occupy may not be able to: justice for homeowners.
Small businesses should not have to resort to credit cards or friends and family as a sole source of funding. Here are a few ideas to help close the gap between credit demand and supply.
USAA and Navy Federal Credit Union top a list of products per customer. Notice that the culture of USAA is totally service-oriented and decidedly not sales-oriented.
