Weekend Seize: FDIC Shuts 11th Bank of 2008
Continuing its "seize on the weekend" campaign, the Federal Deposit Insurance Corp. took control of Silver State Bank of Henderson, ...
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2Q Turns in Dire Mortgage Delinquencies Numbers
The mortgage delinquency rate hit another record last quarter. Among mortgage loans on one-to-four-unit residential properties, 6.41% of them were ...
US Airways Said to Pursue Frequent-Flyer Deal with Barclaycard
US Airways Group Inc. may sell frequent-flier miles to Barclaycard, the main issuer of its co-branded credit card. Derek Kerr, ...
Proposed Fannie-Freddie Merger Gets Thumbs Down
Would the merger of the two largest government-sponsored mortgage loan guarantors , Fannie Mae and Freddie Mac, help the troubled ...
BI.Net’s Best of the Web
There is so much happening in the banking industry, and BI.Net is on the beat to keep you informed. Check ...
Upcoming Loanio Launch Puts Focus on P2P Credit Quality
News that Loanio, yet another peer-to-peer lending venture, will be launching in "just a couple of weeks" got me thinking ...
Fed Offers Its First Academic Assessment of the Credit Crunch
The Federal Reserve Bank of St. Louis has published the government's first analytical retrospective on the credit crisis. The article ...
SME Development Bank (SDB)
Over the Labor Day Weekend Sum2 announced The Hamilton Plan. The Hamilton Plan is a ten point program to foster ...
Expedited Bill Pay Expected to Generate $40M for Banks
Add expedited online bill payments to the list of fees banks may soom be charging. In a new report, TowerGroup ...
Chase Prepaid Debit Cards Help Clean Up City Streets
JP Morgan Chase Bank is helping to get guns off the street. Cities encourage people to turn in guns in ...
