security

June 17, 2016

Small Banks Band Together to Fight Fraud

As the song goes, “I get by with a little help from my friends.”  That sentiment is truer than ever for banks, particularly when it comes […]
June 8, 2016

Auto Finance Companies Put Brakes on Subprime Lending

Executives at some of the biggest banks in auto lending said that they’re tapping the brakes on subprime lending, especially at the lower end of the […]
June 6, 2016

Big Banks Warn of Slipping Credit

The heads of several big banks warned of looming deterioration in their loan books at a recent industry conference.  In the years following the crisis, asset […]
June 3, 2016

No Rest for the Weary: More Americans Working Past 65

Almost 20% of Americans 65 and older are now working, according to the latest data from the U.S. Bureau of Labor Statistics. That’s the highest number […]
May 25, 2016

Businesses Fall Behind on Their Loans

The Board of Governors of the Federal Reserve released its delinquency and charge-off data for all commercial banks in the first quarter – and it’s very sobering data. […]
May 23, 2016

Are House Prices Creeping Toward Bubble Territory?

A decade ago, a bubble in house prices led to the worst financial crisis since the Great Depression.  House prices then collapsed, falling below their long-term […]
May 17, 2016

Reverse Mortgages Safer But Still Have Issues

Across the nation, a sticky subgroup of foreclosure cases involves reverse mortgages.  These loans, usually taken out by seniors, are heavily promoted in advertising and aimed […]
May 10, 2016

Lenders Tighten Standards on Loans to Oil/Gas Industry

Lenders in the U.S. tightened standards and restructured loans for businesses in the oil and gas sector in the opening months of the year amid slumping […]
May 9, 2016

FinTech Threatens 30% of Bank Jobs

A wave of innovation has made it possible for people to get their banking done without walking into a branch if they don’t want to. People […]