Equifax reaches deal with 8 states on steps to avoid future breaches

06/27/18

Under a consent order with Texas and seven other states, the Atlanta-based credit reporting firm agreed to shore up its information security efforts, but it will not have to pay any financial penalties.

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Have bank stocks already hit their 2018 peak?

06/27/18

The recent string of positive news for the banking industry, from lower corporate taxes to less regulation, is starting to feel like a distant memory.

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Waters’ clashes with Trump just the beginning

06/27/18

Rep. Maxine Waters made headlines this week for her scathing criticism of the White House. Expect more to come if she takes over as the Financial Services Committee chair next year.

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Waters unveils bill to restore HUD fair housing policies

06/27/18

The Democratic congresswoman said the department under Secretary Ben Carson has turned "its back on its mission."

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Battle for small-business customers spurs arms race at banks

06/27/18

A number of banks are upgrading technology and hiring more lenders to better reach small-business owners, who are becoming more confident in their outlooks.

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Capital One restricts third-party data access, upsets customers

06/27/18

Capital One Financial Corp. is limiting how account data flows to outside apps for managing finances, prompting a backlash from the bank’s customers who say they have been locked out of their own information.

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5 questions on Trump’s plan to reform Fannie, Freddie

06/27/18

The Trump administration's plan to end the conservatorship of Fannie Mae and Freddie Mac marked its first effort to solve a problem left over from the financial crisis, but ultimately raised more questions than it answered.

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FHFA needs to curb Fannie and Freddie's insatiable appetites

06/27/18

Instead of shrinking the GSEs, the housing regulator is letting them expand into a host of new products and programs.

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Bank stocks slide; Amex teams with Amazon

06/27/18

Banks stocks have declined as the yield curve shrinks; the companies will offer a co-branded small-business card.

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7 reasons why consumers are tapping into their home equity

06/27/18

From medical expenses to home improvements, here's a look at some of the most frequently cited reasons homeowners are borrowing against their home equity.

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