Lalita Clozel covers fintech regulation, anti-money-laundering, cybersecurity and the Federal Deposit Insurance Corp. in American Banker's Washington bureau.
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Executives at small banks and credit unions told the Senate Banking Committee about horror stories of technical glitches, vendor delays and overworked appraisers, while expressing an interest in having more time to comply with new mortgage rules.
October 28 -
Despite a slight uptick month-to-month, delinquency rates are down year-to-year.
October 26 -
Residential mortgage-backed securities servicers are improving their processes despite generally adverse market conditions, Fitch Ratings found.
October 26