The Consumer Financial Protection Bureau (CFPB), created in 2010 as part of the Dodd-Frank Act, has invoked an unused portion of its legal power to examine nonbank financial companies that pose risks to consumers. The CPFB believes that using this ...
Read More »Update on Bank Revenues
Financial institutions have seen drops since Q4, and are underperforming in the wake of COVID-19.
Read More »Preparing Banks for National Flood Insurance Program Deadline
The National Flood Insurance Program was extended through November 21 earlier this year, but what do banks need to know if there is a lapse?
Read More »Federal Reserve Board Finalizes Risk Profile Rules for Banks
The rules reduce compliance requirements for firms with less risk while maintaining requirements for the largest banks.
Read More »Industry Veterans Collaborate to Form Insight One Financial
Steven Stallard, Principal Owner of MSI, Williams & Williams, Auction Network, and I Property Claims, has announced the formation of Insight One Financial. “Our existing companies already enjoy a very successful place in the mortgage industry providing property preservation, real ...
Read More »Servicing Success, One Step at a Time
In a low-default environment, what can banks and financial services firms do to save costs and remain efficient? Editor's note: This feature originally appeared in the July issue of DS News, out now.
Read More »Proceed With Caution on HMDA Deregulation
An expert gives insights on how dwindling of reporting data could harm underserved communities and weaken bank performance evaluation.
Read More »SLK Global Appoints New Mortgage Business Leader
In his new role, Nate Johnson will oversee the next wave of new mortgage technology and service products at SLK Global.
Read More »Consolidation and the Value of Bank Debt
The Great Recession, although now fading into history, was certainly devastating to financial markets in general and banking institutions specifically. However, the strategic response to the crisis by financial institutions, coupled with legislative initiatives that drastically altered the regulatory landscape, ...
Read More »Following Mortgage Fintech Into the Future
Where are the big banks putting their fintech investment dollars? Regional lenders can follow their lead and find a pathway leading straight into the future.
Read More »