News Topic: Credit quality

Next up for BB&T-SunTrust: deciding where to unload branches; how the Trump administration would reform Fannie Mae, Freddie Mac; why the CFPB's payday rule is in the hands of a Texas judge; and more from this week's most-read stories. ... Read full article

The Plano bank, which is being sold to Prosperity Bancshares in one of the industry's biggest M&A deals this year, was also worried about credit quality, a regulatory filing shows. ... Read full article

Recent studies offer a dire outlook for water levels in drought-prone states. Some banks are bracing for this risk with changes to underwriting of real-estate-related loans. ... Read full article

Lenders insist they will be able to ramp up commercial loans and mortgage refinancings without skimping on underwriting. ... Read full article

People’s United offered 30% more in the summer of 2018 for United Financial than it agreed to pay in a deal announced last month. What followed the initial talks is a textbook lesson in the impact of indecision and the unexpected in bank M&A. ... Read full article

The Michigan company disclosed that an unnamed client made a large payment on a $6.5 million nonperforming loan. ... Read full article

The Upstart Network, the first and only startup to participate in the bureau’s program for promising digital platforms, claims that using nontraditional credit data items has helped loan volume and affordability. ... Read full article

It’s hard to time the next economic slowdown. But lenders, many with lingering memories of the financial crisis, are taking steps now to limit exposure in commercial real estate, construction and other loan segments. ... Read full article

A fight between Democrats and Republicans over a proposal to let the SBA’s Office of Advocacy challenge rulings made by other government agencies is threatening to hold up funding for small-business loan guarantees. ... Read full article

JPMorgan Chase ends business loan partnership with OnDeck; Truist out to prove it can best the megabanks in tech; Capital One's data breach was bad, but it could've been worse; and more from this week's most-read stories. ... Read full article

Credit quality is being second-guessed after several banks reported higher 2Q charge-offs. ... Read full article

After rising between 2016 and 2018, the card issuer's charge-off rates are now steady. The trend reflects both the impact of tighter underwriting standards and the continued resilience of U.S. consumers. ... Read full article

The South Dakota company warned that it will charge off millions of dollars in loans to dairy and cattle farmers. ... Read full article

The decision gives the vast majority of banks and credit unions another year to implement the controversial accounting method for loan losses. ... Read full article

The San Francisco company touted a strong pipeline for loans over the rest of this year. ... Read full article

Credit quality and loan growth are also topics of interest, but industry observers say the second quarter could separate the haves from have-nots when it comes to low-cost funding. ... Read full article

Past due home equity loans and credit lines rose while most other consumer lending categories held steady or improved, according to new data from the ABA. Why it happened is a bit of a mystery. ... Read full article

The company disclosed that net charge-offs will spike due to issues with loans to a health care facility and a refinery. ... Read full article