Satoshi Nakamoto Blog

Tag : Interest rates

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Wells Fargo issues new mea culpa; savings account skinflints?

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Receiving wide coverage … Mea culpaWells Fargo apologized again for its past failures and detailed the steps it has taken to address its problems in
artificial intelligence Consumer Banking Crime and misconduct Diversity and equality Ford Motor Credit interest rates Margaret Keane Morning scan Robert Kaplan Synchrony

No-frills accounts prove popular; lenders use AI to parse credit

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Wall Street Journal No frills, no problemNo-frills bank accounts are attracting more consumers beyond the low-income customers they were intended for. The accounts generally include
Federal Home Loan Banks Federal Reserve Federal Reserve Bank of New York Financial Conduct Authority interest rates SOFR

Libor is going dark in 2021, and some banks aren’t ready

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WASHINGTON — Industry insiders are worried some banks are not paying enough attention to the likely switch to a new interest rate benchmark. Regulators appear
Affordable housing Election 2018 Fannie Mae FHFA Freddie Mac GSE reform GSEs House Financial Services Committee Housing finance reform Housing market interest rates Maxine Waters Senate Banking Committee

Will Democrats’ midterm success spur progress on GSE reform?

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WASHINGTON — Since 2015, Republicans have largely presided over congressional attempts to reform housing finance, or the lack thereof. Come January, House Democrats will have