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Bowman's Basel III relief may ease MSR capital but won't bring banks back; risk weights and economics still favor nonbanks, according to the Chairman of Whalen Global Advisors ...

Guaranty Trust Bank has rejected a Sh33.18 million fine by the Competition Authority of Kenya (CAK) for illegally charging a corporate client interest on a credit facility after failing to agree on ...

The GMRL authorities said that the proposal to construct a separate metro spur from Sector 5 to Old Gurugram, included in the tender for the second phase, is likely to be delayed.

Despite being a small part of closing costs, credit report fees have become a flashpoint in the mortgage industry.

The Fed plans to revise MSR and mortgage capital rules, possibly favoring low-LTV loans and altering bank participation.

Federal Reserve Vice Chair for Supervision Michelle Bowman said in comments Wednesday that the central bank plans to publish ...

US lenders are poised to see new mortgage-loan requirements as the Federal Reserve comes closer to unveiling a long-awaited bank capital proposal tied to Basel III.

Senator Tim Scott, a Republican from South Carolina and chairman of the Senate Banking, Housing, and Urban Affairs Committee, left, and Senator Elizabeth Warren, a Democrat from Massachusetts and ...

Penobscot County Commissioners accepted the terms of a loan offer of up to $16 million — just weeks before the county was set to run out of cash. The county’s loan will come from Machias Savings Bank, ...

China has let the interest rate on a one-year policy loan to banks drop to a record low, according to people familiar with the situation, lowering funding costs so as to revive economic growth. The ...

President Donald Trump’s proposal to impose a cap on credit-card interest rates would slow consumer spending and make credit less available, according to Bank of America Corp. Chief Executive Officer ...