Feature - Banking Exchange

Two Lenders Punished for Actions Against Veterans

Majestic Home Loans shut down and TitleMax fined for misleading military personnel and their families

A report from the Fed, OCC, and FDIC warns on softening economic conditions affecting large loans

Investment scam victims lost more than $21,000 on average and $3.8 billion in total

Federal regulators are warning of volatility, flows, and concentration risks in the latest pronouncement to banks

The United States housing market peaked in June of 2022, but then declined by almost 5% in the second half of the year

Plus: OCC appoints technology chief, and there are new CFOs at Truxton Trust and Climate First Bank

Canadian bank was sued by private equity company Cerberus over loans dating back to 2008

Providing value and better results faster to bank customers is one benefit of using agile implementation

Q4 2022 data reveals increased borrowing led by credit card debt

Deposit protection body faces risks emanating from both traditional and digital financial markets