mortgages

Deutsche's tragic blind spot, USAA's diversity drive, lenders' card obsession: Top stories of the week

08/16/19

Deutsche Bank overhaul plan will put taxpayers and the financial system at risk; the San Antonio company names three women to key technology positions; issuers like Chase and Citi need to think beyond traditional card options; and more from this week's most-read stories.

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Mortgage servicer AmeriNat refiles for industrial bank charter

08/14/19

The company withdrew an earlier bid to become an ILC after regulators identified problems with its application. It is seeking a Nevada bank charter because it wants to add deposit management services and expand into small-business lending.

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Is it time to worry about mounting credit card debt?

08/13/19

Borrower debt continues to rise, late payments are up and interest rates are at their highest levels since at least 1994. A new report raises questions about the sustainability of the card industry's boom.

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Regulators may end CRA credit for loans to wealthy: OCC’s Otting

08/09/19

Banks currently can help their CRA performance with mortgages to anyone in a distressed neighborhood, but Joseph Otting said officials crafting a reform plan are considering limiting that to lower-income borrowers.

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10 community banks that broke from the pack in 2Q

08/04/19

These banks posted strong quarterly results at a time when many others struggled with thinner margins and rising expenses.

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UBS rebounds; Metro Bank looks to unload problem loans

07/23/19

Bank posts its best second quarter since 2010 after a disappointing Q1; Cerberus in talks to buy loans at the center of a major accounting error.

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BofA's plan to sustain its consumer banking mojo

07/17/19

Bank of America says rate cuts could reinvigorate mortgages and that its digital and cards strategies will help it grab more market share to offset shrinking margins.

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Business loans, mortgages, fees were 2Q bright spots for U.S. Bancorp

07/17/19

The Minneapolis bank reported growth across several lending and noninterest income categories in the second quarter, which offset net interest margin pressures and declining deposit service fees.

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Lawmakers unveil competing flood insurance bill

07/16/19

Members from states threatened by storms say their proposal is better for consumers than recent legislation passed by the House Financial Services Committee.

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State regulators are critical to fintech oversight

07/15/19

The argument that only the federal government is up to the task is misguided.

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