HGTV shows like 'Fixer Upper' spur demand for home renovation loans

02/04/19

Popular TV shows about house fixers and flippers have sparked consumer interest in remodeling, creating an opportunity for lenders to build a specialty in renovation loans while traditional mortgage lending is weak.

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Deutsche Bank said to deny loan to Trump Organization in 2016

02/04/19

Deutsche Bank denied a request for a loan by the Trump Organization in the midst of Donald Trump's presidential campaign, in part because the German lender was worried about potential reputational issues, according to a person familiar with the matter.

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CFPB’s innovation efforts hold promise

02/04/19

The bureau’s updated no-action-letter policy and “product sandbox” proposal are important steps in helping the industry adapt during this period of rapid change.

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Goldman may withhold executive pay; Deutsche-Trump dealings eyed

02/04/19

The bank said it will hold back bonuses to its former CEO and others as it probes the 1MDB scandal; the House is looking into the bank’s loans to Trump's firm.

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Online lender Marlette reports profit, then takes jabs at the competition

02/01/19

As the consumer lender announced its seventh consecutive profitable quarter, its CEO bragged that his company is better positioned than the likes of Goldman Sachs and LendingClub.

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CFPB offers new FAQ for TRID compliance

02/01/19

The Consumer Financial Protection Bureau has published a new "frequently asked questions" tool to help mortgage lenders with TILA-RESPA integrated disclosures compliance.

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Banks' marketing blitz, Wells' penance, brokered deposits: Top stories of the week

02/01/19

Banks spend heavily on marketing to win deposits, push digital; Wells Fargo bends to critics in its latest response to scandals; FDIC review of brokered deposits has big implications for branches; and more from this week's most-read stories.

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Consumer lending drives 4Q growth at BBVA

02/01/19

BBVA Compass in Birmingham, Ala., reported 6% increases in loans and revenue, as strength in consumer loans and credit cards offset weakness in fee income.

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CFPB bans group of payday firms from lending in U.S.

02/01/19

The CFPB banned online payday lender NDG Financial, three corporate officers and nearly a dozen affiliated companies from lending to consumers in the U.S.

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Cheat sheet: Crapo plan reasserts Capitol Hill’s role in GSE reform

02/01/19

Just as the Trump administration appears focused on releasing a framework without Congress, the Senate Banking Committee has re-entered the policy fray with a new proposal.

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