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Thursday, September 29, 2022
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Former Citizens Bank mortgage manager banned from banking

The federal agency alleged that his actions were part of a pattern of misconduct, involved personal dishonesty, and demonstrated a disregard for the safety or soundness of the bank.

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.
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