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Bank of England, lenders try out ‘correspondent’ model

Bank of England and other lenders are experimenting anew with the “correspondent” business model.

Mortgage rates hit new low

The average 30-year fixed mortgage rate is at an all-time low of 3.4 percent.

For bank boards, ‘Red Flags’ a must-read

As community banks feel their way through the new rules of Dodd-Frank, directors keep “Red Flags” on their reading list.

Clayton Holdings molds a new company

After vetting the securities formed from bad mortgages, Clayton Holdings is now helping banks – and the federal government – work through those loans.

Banks consider state charters

Connecticut regulators are quietly lobbying banks to dump their federal charters in favor of state regulation.