CFPB to extend 'qualified mortgage' exemption for GSEs, report says

01/21/20

Director Kathy Kraninger has told lawmakers that the agency will delay the expiration of the so-called QM patch, now set for January 2021.

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Central banks team up to study case for digital currencies

01/21/20

The body will include the Bank of England, Bank of Canada, the Bank of Japan and the European Central Bank, but not the Federal Reserve or the People's Bank of China.

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BofA's lofty market aspirations; Amazon working on palm payments

01/21/20

Moynihan says the bank’s consumer market share could be doubled; retail terminals would connect customer’s hand print with their card information.

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The backstory of Goldman Sachs' Marcus app, three years in the making

01/19/20

Adam Dell, founder of Clarity Money and now head of product at Marcus by Goldman Sachs, the design theory behind the new app.

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Regions' plan to boost lending in 2020

01/17/20

Total loans at Regions Financial fell slightly last year, but executives say a shift in consumer lending priorities and more aggressive C&I lending will start to pay off this year.

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Bill would aid New York cabbies who can't make loan payments

01/17/20

Federal legislation introduced this week by Rep. Gregory Meeks, D-N.Y., would ensure that taxi drivers don't get taxed on medallion debt that gets forgiven. The bill dovetails with a debt forgiveness plan under development in New York, where hundreds of drivers have filed for bankruptcy.

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Suddenly, expenses rising faster than revenue at regional banks

01/17/20

Citizens Financial Group’s fourth-quarter results highlight the challenges regionals face in generating top-line growth.

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Truist's logo, Wells vs. USAA redux, Visa's Plaid pickup: Top stories of the week

01/17/20

Truist emphasizes high-touch, high-tech focus with new logo; Wells Fargo loses another patent lawsuit to USAA; what the Visa-Plaid merger means for banks, fintechs; and more from this week's most-read stories.

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Fed's Quarles details his ideal approach to bank supervision

01/17/20

The central bank’s top regulatory official laid out a comprehensive set of proposals to update how the agency supervises banks — particularly large institutions — with an eye toward improving transparency.

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HUD should scrap its new fair housing plan

01/17/20

The agency issued a fair housing proposal last month that would perpetuate segregation and make it harder to detect discrimination.

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