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Survey: Lending hurt by qualified mortgage rule

CBA SmartBrief | Jan 28, 2015

The Consumer Financial Protection Bureau's qualified mortgage rule is stifling bankers' mortgage business and causing some banks to stop offering mortgages, according to an Independent Community Bankers of America survey. The poll found that 9% of respondents that offer mortgages are considering closing their mortgage businesses, 6% already have, 44% have seen originations drop and 57% said they had tightened mortgage underwriting standards. Hartford Business Journal (Conn.) (01/27)


New BofA branches seek to capture affluent customers

CBA SmartBrief | Jan 27, 2015

FDIC changes course on risky client accounts

CBA SmartBrief | Jan 29, 2015

Auto-loan securitizations rise as investors seek yield

CBA SmartBrief | Jan 27, 2015

Hunt: Lenders are providing more flexibility on student loans

CBA SmartBrief | Jan 30, 2015

Warren set to be top Democrat on Senate banking subcommittee

CBA SmartBrief | Jan 26, 2015

Experts: Fake-ID fraud a rising threat to banks

CBA SmartBrief | Jan 28, 2015

Cordray: CFPB focused on financial education

CBA SmartBrief | Jan 29, 2015

CFPB seeks comment on guidelines for college finance partners

CBA SmartBrief | Jan 27, 2015

Data-driven lender Earnest delves into student loan refinancing

CBA SmartBrief | Jan 28, 2015


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An article in Tuesday's American Banker states just three banks were closed in March 2011, the lowest monthly count since December 2008. Given the recent slow down in bank closings and the 884 banks still on the FDIC's "problem" list, how do you expect the rest of 2011 to look with regards to bank closings?

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