Where GSE reform went wrong

07/30/18

Fannie Mae and Freddie Mac remain in conservatorship nearly a decade after the financial crisis, and there’s still no end in sight.

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IBM, CLS launch blockchain banking app store

07/30/18

Banks that have decided to use Hyperledger Fabric now have a place to find apps that run on it — apps that someone else has tested. The store, LedgerConnect, is also meant to give vendors a way to distribute their wares to banks.

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Cagney unruffled by revelations; FHFA head accused

07/30/18

The former SoFi CEO raises funds for his new venture despite recent admissions about dating employees; female employee says Mel Watt harassed her.

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Senate Democrats send CFPB nominee list of follow-up questions

07/27/18

Kathy Kraninger, a senior official at the Office of Management and Budget, largely avoided answering direct questions at her nomination hearing.

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Hard part of reg relief, pot banking regtech, Mulvaney's twist: Top stories of the week

07/27/18

Federal bank regulators consider roughly a dozen new rules; firms tout tools to help financial institutions bank legal marijuana-related businesses; Mick Mulvaney defends CFPB enforcement powers; and more from this week's most-read stories.

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Hard to see how FHFA’s Watt survives harassment allegations

07/27/18

Mel Watt's term as director of Federal Housing Finance Agency ends in January, but his exit may be accelerated if the accusations in a new report prove true.

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Leak of harassment probe is politically motivated: FHFA’s Watt

07/27/18

Politico reported Friday that the head of the Federal Housing Finance Agency is being accused by an employee of making inappropriate sexual advances.

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App gap poses threat to community banks

07/27/18

Small banks are being warned to slow down mobile tool development and check vendor arrangements, as researchers repeatedly find vulnerabilities that can be exploited by cybercriminals.

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Synchrony at strategic crossroads after losing Walmart deal

07/27/18

The Stamford, Conn., issuer of store credit cards has two potential options after the retail giant chose to partner with Capital One. But the decision over which path to take is out of its hands.

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Bankers lobby for 11th-hour changes to CECL standard

07/27/18

The industry continues to push for leniency as the clock ticks toward adoption of the drastic change to how banks account for expected loan losses.

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