Small-business fintech launches lending platform for banks

05/21/19

Biz2Credit is offering its Biz2X platform to all banks after gaining HSBC and Popular Bank as clients.

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How acting Ginnie Mae chief is trying to get to the bottom of VA refis

05/21/19

Prepayments tied to repeated VA loan refinancing activity have had an adverse effect on Ginnie’s mortgage securities that persists despite countermeasures. The government bond issuer is making new plans to address the impact.

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Did Ben Carson just mistake an REO for an Oreo?

05/21/19

Secretary of Housing and Urban Development Ben Carson appeared not to recognize a commonly known real estate term during a congressional hearing on Tuesday.

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Deutsche Bank’s ties to Trump dominate hearing on AML reform

05/21/19

Democrats pressed law enforcement on whether senior Deutsche Bank executives quashed suspicious activity reports filings related to President Trump.

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In mortgages, these banks zigged while many others zagged

05/21/19

While regulation and nonbank competition are spooking some banks, others believe low funding costs and the right relationships can help them succeed.

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Freddie CEO casts doubt on FHFA capital plan

05/21/19

Regulators want Fannie Mae and Freddie Mac to build up massive amounts of capital before being freed from government control. Don Layton, Freddie's departing chief executive officer says that's easier said than done.

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JPMorgan wins shareholder support for executive pay plan. But there's a caveat

05/21/19

The 72% backing was the lowest approval rate for the resolution since 2015. An advisory firm criticized the bank's policy as too subjective.

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Small changes to stress testing could have big impact on risk, Tarullo says

05/21/19

Former Federal Reserve Gov. Daniel Tarullo warned that a Fed proposal to weaken the stress capital buffer, among other things, could hurt safety and soundness.

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Backers of pot banking bill see the finish line in House

05/21/19

The legislation faces a tougher path in the Senate where GOP leaders are reluctant to ease restrictions on what is still a banned narcotic.

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Will BB&T-SunTrust serve the community or Wall Street?

05/21/19

BB&T’s chief executive has not prioritized meeting with local leaders and consumer advocates to discuss its merger plans, missing a valuable opportunity to create a new kind of large bank.

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