Consumer banking
Consumer banking
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While regulation and nonbank competition are spooking some banks, others believe low funding costs and the right relationships can help them succeed.
May 21 -
The moves are part of a plan CEO Rajinder Singh discussed in a conversation with American Banker.
May 17 -
Farmers were already taking on more debt to cover losses from falling crop prices. New tariffs and other retaliatory moves could hurt ag borrowers further and lead to loan losses and tighter underwriting.
May 16 -
Democrats and Republicans on the House Financial Services Committee called for steps to minimize the harm to community banks and credit unions bracing for the new accounting standard.
May 16 -
Meridian Corp. may have breached sales agreements after originating nearly $100 million in loans in a state where it lacked a license.
May 16 -
The Michigan company said the loan — made to a borrower that plans to shut down its reverse mortgage business — has collateral.
May 13 -
The Consumer Financial Protection Bureau received over a quarter-million complaints in 2018, according to analysis by an advocacy group that urged the agency to maintain public access to its database.
May 12 -
Housing advocates and Democratic lawmakers want to create more protections for tenants of rent-controlled apartments, but they are facing stiff opposition from property owners and the banks that lend to them.
May 10 -
Bank 34 will no longer sell mortgages in the secondary market as it looks to reduce its reliance on volatile revenue streams.
May 7 -
The Consumer Financial Protection Bureau proposed steps to ease Home Mortgage Disclosure Act requirements, just days after announcing it was retiring a platform to let users analyze raw mortgage data.
May 2