Community banking
Community banking
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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 -
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 -
The Boston company gained the mortgage platform when it bought First Choice in 2017.
April 30 -
Blue Lion Capital, which has been critical of the Seattle company in recent years, has nominated two individuals to become directors.
April 23 -
Gateway Mortgage Group’s dream of being a national, diversified financial services player will hinge on its effort to turn a community bank into an online-only platform.
April 9