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Wells Fargo to cut up to 26,000 jobs within three years

09/20/18

The cuts are part of a broader effort to trim expenses by roughly $3 billion a year by 2020.

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Cheat sheet: 5 pressure points in CRA reform debate

08/30/18

The Office of the Comptroller of the Currency’s questions for the public to comment on the decades-old law could illuminate a path forward as regulators struggle to agree on an updated policy.

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Senate panel reschedules vote on CFPB nominee

08/15/18

The Banking Committee had delayed a vote on Kathy Kraninger’s confirmation after the Senate announced a short summer recess.

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CEO Calk conspired with Manafort to defraud his own bank: Prosecutors

08/13/18

Steve Calk, the head of The Federal Savings Bank, was a "co-conspirator" in an effort to defraud the Chicago bank, a prosecutor said at the trial of former Trump campaign chair Paul Manafort. Could Calk be charged with a crime?

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Adviser to Mulvaney chosen as CFPB's No. 2

07/09/18

Brian Johnson will serve as the agency's acting deputy director, succeeding Leandra English, who recently said she plans resign from the CFPB.

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CFPB's compliance approach makes regulatory guidance unreliable: MBA

07/05/18

The Consumer Financial Protection Bureau's practice of "regulation by enforcement" and use of nonbinding guidance materials makes its regulatory efforts "unfair and ineffective" to lenders and servicers, the Mortgage Bankers Association said.

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What’s behind the slowdown in CRE lending

06/29/18

Commercial real estate is their bread and butter, but many banks are scaling back in this vital loan category. Here’s why.

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California passes nation's first statewide consumer privacy law

06/29/18

The measure, which has been compared to the EU’s new consumer privacy rules, grants Californians new rights over how companies collect and use their personal data.

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Trump said to favor little-known OMB official as next CFPB chief

06/15/18

Kathy Kraninger, an obscure official at the Office of Management and Budget, is President Trump's leading candidate to become director of CFPB, according to sources.

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Citizens makes big mortgage move with $500M acquisition

05/31/18

The Rhode Island regional agreed to buy Franklin American Mortgage in a deal that will give it one of the nation's 15 largest bank-owned mortgage platforms.

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