Judge tosses out state regulators’ challenge of OCC charter a second time

09/04/19

With no fintech applicant officially seeking the agency’s specialized charter, Judge Dabney Friedrich said claims by the Conference of State Bank Supervisors still were not ripe.

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HUD plows ahead with effort to restrict down payment assistance

09/04/19

The Trump administration is not backing down even after a federal court blocked guidance that would have limited the operations of national housing funds.

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Senate panel sets GSE hearing as administration's reform plan nears

09/04/19

With officials putting finishing touches on presidentially directed reports on the future of the housing finance system, the Senate Banking Committee announced a hearing to examine the issue.

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Traditional banks continue to flirt with obsolescence

09/04/19

Banks have to be more resourceful with technology and less dependent on high interest rates.

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Goldman’s Chavez to retire; credit unions on bank buying spree

09/04/19

The co-head of the bank’s securities division, 55, was once seen as a possible CEO; the institutions are gobbling up small banks at a record pace, prompting pushback from banks.

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Why the CFPB’s payday rule is in the hands of a Texas judge

09/03/19

Consumer Financial Protection Bureau Directors Kathy Kraninger is under pressure to ask a federal judge to lift a stay that has kept the agency's short-term-lending rule from going into effect.

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Kabbage will buy small-business data provider

09/03/19

The acquisition of Radius Intelligence fits with the online lender's existing focus on small commercial borrowers.

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Has removing tax lien data from credit records led to more bad loans?

09/03/19

A year after the major credit bureaus agreed to strip tax liens and civil judgments from consumers' credit files, a new study says it is hampering lenders' credit decisions. But proponents of the move insist it was the right call.

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Big-bank headcounts aren't budging

09/03/19

Pockets of job growth — in technology and compliance as well as from branch openings in new cities — are offsetting some of the dramatic cuts elsewhere at the world’s largest lenders.

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CFPB should have a say in bank mergers

09/03/19

An agency with a mission to protect consumers deserves to have a role in approving M&A deals.

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