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Banks, Regulators Push for Mortgage Rule Changes

Banks, Regulators Push for Mortgage Rule Changes

In separate initiatives, the ABA and CFPB are seeking to add to consumer protection measures related to mortgage lending
Are Banks Supporting Payday Lenders?

Are Banks Supporting Payday Lenders?

Research suggests a handful of banks are helping payday lenders avoid state regulations to offer high-interest consumer loans
NY Bank Pulls Out of Crypto After 2022 Turmoil

NY Bank Pulls Out of Crypto After 2022 Turmoil

Pivot away from digital assets has been in the works since 2017, says Metropolitan Commercial’s CEO
Major European Bank ING Closes Main Offices on Fridays

Major European Bank ING Closes Main Offices on Fridays

The new policy will take place as of January 2023 and is projected to save about 150,000 kilowatt hours
Regional Feds Under Scrutiny in Bipartisan Bill

Regional Feds Under Scrutiny in Bipartisan Bill

Senators Warren and Toomey want the central banking system to be fully subject to FOIA and improve its general transparency
Rule Change Presents Challenge for Zelle

Rule Change Presents Challenge for Zelle

The payments network Zelle is owned by seven United States based banks, and has been under the careful watch of lawmakers
Regulators tell Citigroup to address data management issues

Regulators tell Citigroup to address data management issues

Resolution plans for the top eight US banks have been assessed by the Fed and the FDIC
What Midterms May Mean for Banking

What Midterms May Mean for Banking

Republican Patrick McHenry is expected to lead the House Financial Services Committee as chair
Columbia Bank Sells Branches to Ease Umpqua Merger

Columbia Bank Sells Branches to Ease Umpqua Merger

Bank to sell 10 sites across three states with the aim of appeasing regulators
Mortgage Firm Closure Spells Headache for Sterling Bank

Mortgage Firm Closure Spells Headache for Sterling Bank

Promontory MortgagePath has decided to shut its doors to new business due to difficult market conditions
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