Spending heavily on branches implies trying to spread branch costs over as many customers and products as possible - rather than spending incrementally on other marketing channels.
A rising regulatory focus on unfair, deceptive and abusive acts and practices has made, "show me where it says we can't do that," a very dangerous sentence.
Is it worth delaying a bottoming-out of the housing market, and allowing some delinquent borrowers to freeload for a time, in order to prevent the rare but documented instances of someone being wrongly foreclosed on?
Banks must make significant changes to their branch networks, further automating transaction processing, changing the skills sets of branch employees, and altering the physical designs of branch offices
Negative interest rates is a call to arms. Japan hesitated and sank into the "lost decade." The solution is inescapable: American banks must start lending.
As an independent licensed mortgage lender I developed a thick Rolodex of appraisers with expertise in specific communities over the past 14 years. It is now worthless.
The most important ingredient in any major government-initiated, tenant-to-homeownership program is the commitment of the tenant/homeowner, not the paternalism of the government.
