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News
/ 4 weeks agoBank of America Shareholders Vote to Keep CEO and Chair Roles Combined
Bank of America shareholders have once again decided that two hats are better than one. In a vote that sent ripples...
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News
/ 4 weeks agoFannie Mae and Freddie Mac Investors Face a Long Wait for Profits, Possibly Until 2033
Fannie Mae and Freddie Mac, the two government-sponsored enterprises (GSEs) that underpin much of the U.S. housing market, are in remarkably...
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News
/ 4 weeks agoWhy Energy Lenders Aren’t Yet Seeing a Surge in Oil Loans
The recent disruptions tied to geopolitical tensions in Iran have sent crude oil prices climbing once again. At first glance, you...
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News
/ 4 weeks agoWhy Lenders Are Taking Repurchase Demands to Court and What It Means for the Market
The mortgage industry has always been a world of high stakes and fine print. But lately, something unusual is brewing behind...
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News
/ 1 month agoRansomware Victims Got Played by Their Own Negotiators: A Banking Security Wake Up Call
The world of ransomware response is built on trust. Banks hit by cyberattacks call in incident response firms and ransomware negotiators,...
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News
/ 1 month agoYuni Navarro Joins Ocean Bank Board and More Key Banking Moves This Week
The financial world rarely sleeps, and this week’s banking news brings a fresh wave of leadership changes, strategic acquisitions, and quiet...
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News
/ 1 month agoCFPB Rolls Out a Slimmed-Down Small Business Lending Rule; Banks Still Push Back
After a marathon 17 year journey, the Consumer Financial Protection Bureau has finally formalized a revised version of its small business...
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News
/ 1 month agoPowell’s Decision to Stay at the Fed: A Vote for Stability in Uncertain Times
Jerome Powell is doing something unusual. He has signaled that he will remain on the Federal Reserve Board even after his...
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News
/ 1 month agoJerome Powell Stays on the Fed Board: Awkward Dynamics Ahead for the New Chair
The Federal Reserve is no stranger to high drama, but the upcoming board meetings promise a brand of tension that even...
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News
/ 1 month agoK-Shaped Economy Fuels Rising Debt-to-Income Ratios Among Nonprime Borrowers
The widening economic divide is leaving a visible mark on consumer borrowing patterns. Data from TransUnion shows that nonprime borrowers are...
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