Enova to acquire Grasshopper Bank for up to $369m
December 12, 2025 5:27 am Leave your thoughtsGrasshopper Bank will become a subsidiary of Enova, which will be restructured as a new bank holding company. Credit:... View Article
Author Archives for steve
AlaTrust Credit Union named Chamber’s November ‘business of the month’
December 12, 2025 12:07 am Leave your thoughtsTALLADEGA — The Greater Talladega-Lincoln-Munford Area Chamber of Commerce continues to honor businesses that have a lasting effect on the... View Article
Hawaiʻi State Federal Credit Union donates $50,000 to help nonprofits impacted by federal cuts
December 12, 2025 12:00 am Leave your thoughtsHawai‘i State Federal Credit Union. Courtesy photo. Hawaiʻi State Federal Credit Union will donate $50,000 to the Hawaiʻi Resilience Fund at the Hawaiʻi Community... View Article
Will Ending The CFPB Hurt Business?
December 11, 2025 11:59 pm Leave your thoughtsEnding or severely weakening the Consumer Financial Protection Bureau (CFPB) would likely help some financial firms in the short term... View Article
How Will the Federal Reserve Rate Cuts Affect The Financial Services Industry
December 11, 2025 10:28 pm Leave your thoughtsFed rate cuts generally compress margins for traditional lenders in the short term but support loan growth, capital markets activity,... View Article
What’s Driving Student Loan Delinquencies?
December 11, 2025 8:00 pm Leave your thoughtsStudent loan delinquencies are rising mainly because pandemic-era protections have ended while many borrowers’ budgets are being squeezed by higher... View Article
Foreclosure activity rises nationwide for ninth straight month
December 11, 2025 7:18 pm Leave your thoughtsForeclosure filings in November jumped 21% from last year, while completed foreclosures surged 26% year-over-year, according to real estate data... View Article
CFPB Signals It Will Issue Interim Open Banking Rule as Funding Lapse Approaches
December 11, 2025 6:49 pm Leave your thoughtsThe headline refers to the Consumer Financial Protection Bureau’s recent court filing stating that it plans to issue an “interim... View Article
Senate confirms new heads of FHA, Ginnie Mae, FDIC
December 11, 2025 3:21 pm Leave your thoughtsThe Senate has confirmed Frank (Francis) Cassidy to lead the Federal Housing Administration (FHA), Joseph Gormley to lead Ginnie Mae,... View Article
Fannie Mae relocating California office to Alabama early next year
December 11, 2025 2:45 pm Leave your thoughtsFannie Mae is closing its San Francisco office and opening a new office in Birmingham, Alabama, with the Alabama location... View Article
