Big Winners and Losers for Banks on Election Night

Republicans won a sizable victory late Tuesday, retaking the Senate after losing it eight years ago. Banks, too, largely benefited, as an ally of the industry captured a Senate seat in West Virginia, two credit union allies fell and a key Democratic senator squeaked past. Here's how election night played out for banks. Collection & [...]

By |2014-11-21T06:18:07-06:00November 21st, 2014|FCRA|Comments Off on Big Winners and Losers for Banks on Election Night

What the Final QRM Rule Means for Banks

The risk retention rule unveiled Tuesday was hailed by the industry for its definition of a "qualified residential mortgage," but analysts say a comeback for private-label securitization still faces huge obstacles. News

By |2014-10-28T09:12:15-05:00October 28th, 2014|News|Comments Off on What the Final QRM Rule Means for Banks

Why Banks Are Buying In to Apple Pay

The bankers involved don't want to talk about it. But listen closely and read between the lines, and you can see why they might be willing to sacrifice some fees to participate in Apple's mobile payment platform. Collection & Credit Risk

By |2014-09-11T04:46:06-05:00September 11th, 2014|FDCPA|Comments Off on Why Banks Are Buying In to Apple Pay

How the New FICO Score Model Will Affect Banks

When Fair Isaac Co. announced a new credit scoring model last week, it earned significant media attention and won praise for helping consumers marred by medical debt to boost their scores. Collections - Other Consumer

By |2014-08-17T19:54:16-05:00August 17th, 2014|FDCPA|Comments Off on How the New FICO Score Model Will Affect Banks

Future of Home Loan Banks Tied to Seattle-Des Moines Merger Talks

The proposed merger of the Home Loan banks in Seattle and Des Moines could spur massive consolidation among their sister banks, but only if the two show it's possible to overcome governance and other logistical challenges that have deterred similar deals. News

By |2014-08-07T22:12:42-05:00August 7th, 2014|News|Comments Off on Future of Home Loan Banks Tied to Seattle-Des Moines Merger Talks

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