Community banking
Community banking
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While the OCC has led the charge on modernizing the Community Reinvestment Act, Gov. Lael Brainard gave a rundown of new ideas under discussion — from updating assessment boundaries to a comprehensive community development test.
March 12 -
Community banks and credit unions fear a Senate plan and other legislative ideas will nullify steps taken by Fannie Mae and Freddie Mac that have made it easier for smaller institutions to compete.
February 28 -
Bank of Marin CEO Russ Colombo is tightening up pricing and terms, citing soaring real estate prices in markets like San Francisco.
February 28 -
The Seattle company has a letter of intent to sell its home loan centers to Homebridge Financial Services.
February 27 -
Some companies on SourceMedia’s Best Fintechs to Work For list offer their employees extra time off to live boldly.
February 24 -
The federal banking agencies will not hold a hearing on a proposal to reduce the number of residential real estate transactions that require an appraisal.
February 22 -
Bridgeview Bancorp floated its name with 14 potential buyers, but it only attracted serious interest once it promised to divest a mortgage business that recorded a double-digit decline in fee income last year.
February 19 -
HomeStreet Bank will attempt to sell its stand-alone mortgage business and portfolio of servicing rights, a move that comes amid growing pressure from an activist investor to exit home lending and concerns about declining demand and regulatory challenges.
February 15 -
If the government insists on forcing another shutdown, business owners are intent on letting Congress know how much the last one hurt.
February 11 -
Community banks generally make digital a consumer play, but TransPecos Bank, with its BankMD brand, is focusing on doctor practices, which tend to weather economic downturns well.
February 1 -
CrediFi helps bankers pursuing commercial real estate loan growth minimize the risk in lending to customers they historically haven't served.
January 29 -
The impasse has halted grant and loan applications and frozen many farm subsidies just weeks ahead of planting season.
January 14 -
The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission.
January 11 -
The American Bankers Association has called for an end to the government shutdown, saying it has prevented customers from securing loans and threatens even more damage.
January 11 -
The agencies are weighing a plan to reduce the scope of residential real estate transactions requiring an appraisal, but appraisers have warned that the proposal could have consequences.
January 3 -
Bank OZK's George Gleason, one of our community bankers to watch in 2019, needs to rein in the Arkansas bank's commercial real estate exposure to placate nervous investors.
December 31 -
Cash-strapped lenders need to find a way to consistently fund marketing that resonates with more cultures if they really want to be able to replace lost volume by reaching underserved borrowers.
December 21 -
Selling $1.6 billion in mortgages, and paying off a similar amount of wholesale borrowings, will allow the company to expand its net interest margin in 2019.
December 21 -
A proposal issued over a year ago by federal banking agencies to simplify risk-based capital rules and ease compliance burdens for community banks has still not been finalized, and mortgage brokers and bankers are calling on them to do just that.
December 18 -
Merchants has agreed to buy NattyMac, a company it has been in business with since 2014.
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