banks
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US Economic
Why it might be time to buy banks
Who would want to own shares in a bank? Rising interest rates should have been a blessing, lifting the income…
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US Economic
American banks now offer customers a better deal
When the Federal Reserve began to raise interest rates more than a year ago, American banks enjoyed a nice little…
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US Mortgage
US banks facing new anti-redlining rules
Michael Barr, vice chair for supervision at the Fed, said in a statement that the rule would allow regulators to…
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US Mortgage
Blend rolls out IMB Essentials to empower mortgage banks
Additionally, Blend said the new tech enhances loan officers’ capabilities with advanced mobile features, and customers can upgrade to Blend’s…
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US Economic
China’s banks may be loaded up with hidden bad loans
When jinzhou bank, in north-eastern China, showed signs of distress at the start of the year, state media suggested that…
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US Economic
Germany’s economic model is sputtering. So are its banks
Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the element. Germany’s…
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US Mortgage
FDIC admits oversight lapses in First Republic Bank’s historic collapse
First Republic, like several distressed regional lenders, found itself in turbulent waters when the Federal Reserve escalated interest rates to…
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US Economic
America’s big banks are in rude health—with one exception
Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the element. From…
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US Mortgage
First Federal Bank closes acquisition of BNC National Bank’s mortgage unit
First Federal – which originates loans nationwide with mortgage processing centers in Georgia, Wisconsin, and Florida – confirmed it has…
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US Mortgage
Banks rocked by looming commercial real estate meltdown
Wells Fargo’s outstanding commercial real estate loans were $154.7 billion (16% of total loans), with $35.7 billion in office loans…
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