Fannie, Freddie Profits See Big 2014 Drop
Fannie Mae’s and Freddie Mac’s combined annual income dropped to $21.9 billion in 2014 from $132.7 billion in 2013, the...
Newsbytes
New Home Sales Drop in March after February High
Sales of new single-family houses in March were at a seasonally adjusted annual rate of 481,000, according to the U.S....
Magazine Helps Bankers Position Cards to Win with Mobile Wallets
The May issue of ABA Bank Marketing and Sales magazine, now available online for subscribers, features a cover story with...
FDIC Finalizes Changes to Limits on Failed Bank Asset Purchasers
The FDIC today issued a final rule making changes and clarifications to its prohibition on individuals or entities associated with...
FDIC Unveils ‘Money Smart’ Curricula for Youth
The FDIC today unveiled Money Smart for Young People, a set of four financial education curricula aimed at young people...
Deutsche Bank Pays $2.5 Billion to Resolve Libor Charges
Deutsche’s deferred prosecution agreement is the largest of the Libor-rigging settlements.
Fifth Circuit Rules Texas Debt Collection Statute Not Preempted by HOLA
A Fifth Circuit ruling in Barzelis v. Flagstar Bank F.S.B. will raise questions about how to define a “borrower” under...
ABA-Advocated Exam Fairness Bill Introduced in House
Joined by 29 bipartisan cosponsors, Reps. Lynn Westmoreland (R-Ga.) and Carolyn Maloney (D-N.Y.) yesterday introduced H.R. 1941, which would help...
House Passes ABA-Backed Cybersecurity Bill
By a strong 307-116 vote, the House yesterday passed the ABA-supported Protecting Cyber Networks Act (H.R. 1560), which would enhance...
