Leveraged lending guidance in limbo after GAO move

10/31/17

A GAO determination has effectively nullified a 2013 leveraged lending guidance. But that leaves the future uncertain about what, if anything, regulators will devise to replace it — and how banks should treat such loans in the meantime.

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Can words used in loan applications reveal creditworthiness?

10/31/17

Text analysis holds the promise of improving lenders’ ability to evaluate which borrowers will repay, but it also carries substantial risks.

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Gridlock in D.C. dims community bankers' hopes for sweeping reg reform

10/31/17

Political stalemates have convinced many executives that relief will only comes when agency leaderships turns over.

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R3 to take on Ripple with cross-border payments blockchain

10/31/17

The bank consortium is going directly after the business of its former partner Ripple in the middle of their legal battle over an option for digital currency worth $1 billion.

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What women's growing wealth means for banks

10/31/17

Even as women make up an increasing share of potential clients in the private wealth sector, only a small percentage of financial institutions are reaching out to them.

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Big banks pay up; Paytm eyes U.S.

10/31/17

Big banks have raised deposit rates faster than regionals in order to retain depositors; India’s largest payment app wants to expand.

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Streamline application process to spur new banks: OCC’s Noreika

10/31/17

While increasing de novo activity is encouraging, the processes of chartering a bank and applying for deposit insurance are more onerous, lengthy and costly than they need to be.

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CFPB launches mortgage performance tool to track delinquencies

10/30/17

The new tool tracks both serious and general delinquencies down to a county level and features interactive charts and graphs.

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Cordray's personal appeal to Trump: Save the arbitration rule

10/30/17

CFPB Director Richard Cordray sent a letter to President Trump Monday asking him to veto a Republican resolution to nullify the bureau's arbitration rule.

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Home equity beckons, but few ready to embrace it

10/30/17

Home equity lines could double over the next six years. Some banks are actively pursuing the consumer credit opportunity, whereas many still feel stung by the housing crisis, unimpressed by home equity’s comeback so far or fearful of nonbank competition and fraud.

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