Branch Closures Revved Up in Late 2012, Study Finds January 22, 2013The pace of branch closings in the U.S. more than doubled in the last quarter of 2012 as banks looked to cut costs, a new report by SNL Financial found. Fannie Mae Paid BofA Premium to Transfer Soured Loans, Says Regulator September 17, 2012Fannie Mae agreed to pay Bank
of America Corp about 20 percent more than it was
contractually obligated to last year in order to transfer the
servicing of troubled loans to another firm, a report by a
watchdog found. CFPB Introduces New Mortgage Disclosure Forms and Protections for "High-Cost" Mortgages July 09, 2012The new forms and protections are designed to help customers better understand the costs and risks of taking out a mortgage. Eliminating the Paper Beast February 22, 2012First United Bank uses an Open Text BPM solution to run a more efficient business operation and improve customer service. Consumer Financial Protection Bureau Names CIO November 15, 2011Consumer Financial Protection Bureau names CIO, among eight experts named to key senior leadership positions, including Chief of Staff and CFO, at CFPB. Chase Remains Top SBA Lender in U.S. October 28, 2011The bank loaned more than $12.6 billion to about 300,000 small businesses during the first three quarters of 2011. How Has the Banking Industry Changed in a Decade? September 09, 2011The banking industry survived, the 9/11 terrorist attacks, only to be confronted in 2008 with the challenges of the global financial crisis. Both events, along with some key technology developments, shaped the financial services industry in which we work t In Search of Systems Integration August 23, 2011Seventy percent of any bank system is as close to perfect integration as it gets. Google-Style Data Analysis For Loans July 22, 2011Financial startup ZestCash is getting an infusion of funding to realize its plan to rewrite the rules of high-risk loans. Q&A: Dennis Risinger, CIO, FCS Financial is Building A Loan App for the iPad July 30, 2010Rural Missouri lender already images loan documents and is in the process of modifying its online loan software for the iPad. First iPad App for Loan Documents Launches May 10, 2010Borrowers can review the documents on the tablet, sign directly on the iPad and electronically complete the process. TriNovus Launches Stress Testing Solution December 02, 2009TriNovus developed BankRisk as a tool for banks to utilize partly in response to the federal banking regulators' concerns about community banks' increased participation in commercial real-estate lending. Grameen America Reaches 1,000-Borrower Milestone August 13, 2009Grameen America reaches 1,000-borrower milestone. Hancock Bank Joins Wolters Kluwer AppOne Network July 07, 2009 Kiva Looks to Bring Microlending to U.S. Entrepreneurs June 11, 2009 U.S. Bank Picks CCS for Construction Budget Monitoring May 05, 2009 Stress Tests May Stress Banks’ Ability to Raise Funds April 24, 2009 Wingspan Portfolio Advisors Launches to Help Mortgage Lenders Deal with Delinquent Loans September 30, 2008 Wachovia to be Acquired by Citi September 29, 2008 Sub-Prime Lending Mess Not Technology’s Fault September 20, 2007Experts say technology and good decision-making go together in avoiding loan risk.