The San Francisco megabank plans to reinstate guidance that drew scrutiny following revelations that women and nonwhite candidates were interviewed for jobs that had been reserved for someone else.
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The Consumer Financial Protection Bureau is investigating some of the bank's credit card practices, including refunds, billing errors and credit bureau reporting, according to a securities filing Thursday.
August 4 -
The collateral pool consists of publishing and recording rights on a 950-song catalog from artists such as Justin Timberlake and Nelly Furtado.
August 4 -
Net cash flow had decreased to $144.1 million in 2020, before recovering to $181.3 million in 2021 and $195.9 million for the trailing twelve-month period that ended in May.
August 3 -
Refinances inched up 2% as interest rates dipped, but accounted for only 31% of activity, compared to two-thirds a year ago.
August 3 -
Even though delinquency rates were previously at extremely low levels, the recent uptick among poorer consumers is worth monitoring, New York Fed researchers said.
August 2
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Octane is managing increased warehouse financing costs while not recognizing gains on securitization residual sales.
August 2 -
Volumes set a record in 2021 and they've held up better than expected this year, but declines are forecasted for the sector some banks are using to partially offset single-family's slump.
August 2 -
The San Francisco megabank plans to reinstate guidance that drew scrutiny following revelations that women and nonwhite candidates were interviewed for jobs that had been reserved for someone else.
August 1 -
A potential credit drawback on the deal is the mismatch between the fixed rate underlying automobile loans and the SOFR rates to be paid to noteholders.
August 1 -
Fed Chairman Jerome Powell brushed off concerns that rapidly tightening monetary policy could disrupt the financial system. Some economists and policy experts beg to differ, raising concerns about loan defaults or even the collapse of a key institution or counterparty.
July 29 -
The deal has a significant concentration of California-based loans, leaving the timely repayment of notes vulnerable to regional economic stresses or natural disasters.
July 29 -
At the same time, homes bought with FHA-backed loans accounted for the smallest share since 2007, according to an Attom sales report.
July 29
















