Tag:
Credit Risk
Latest Headlines
Latest Headlines
Regulators propose new rules for mortgage securitization
What will the standard residential mortgage of the future look like? Well, frankly it may not be all that different from an end-user standpoint. Dodd-Frank required--and the FDIC just agreed to formally propose--that entities that securitize residential loans must keep at least 5 percent of the cr
Bank of America announces small business program
We've long suggested that banks could burnish their brand--something they have been sorely in need of for years--by focusing more on small businesses. To its credit, Bank of America (NYSE: BAC ) is making much of its plans in this area. It generated lots of media for announcing it will hire 1,0
A backlash over interchange fees?
Credit card interchange fees have long generated controversy. At times, the fees got so burdensome, they sparked a lot of public anger. Back in the 1980s, a local revolt by Boston merchants led to a front page photo in the Boston Herald of a man cutting an American Express card with a large kn
Behind the rhetoric of better risk management
We've heard a lot of talk about the necessity of enhanced risk management processes as of late, especially in light of the financial crises. Vendors certainly sense an opportunity, as most agree that
Is the U.S. a suspect credit risk now?
One good thing about the maligned credit default swaps market is that it allows people to make targeted bets--or buy specific insurance--on just about any bond that trades. It thus offers a barometer of strength that now rivals the stock market in terms of influence. Lehman Brothers and Bear Stear
