Garnet Capital Advisors - Garnet Capital Advisors Blog

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Richard Cordray, director of the Consumer Financial Protection Bureau, sought to allay fears that regulators would pounce immediately on improper use of the new forms.
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Residential

CFPB 'Know Before You Owe' Rules Finally Go Into Effect

September 30, 2015

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The federal crack-down on perceived racial bias in the car loan sector continued as Fifth Third Bank agreed to pay $18 million to settle allegations brought by the Consumer Financial Protection Bureau.
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Regulatory..

Ohio's largest bank settles over racial bias in car loans

September 29, 2015

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The increased perceived risk around student-loan backed portfolios has already started to play out in the marketplace.
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Consumer L..

Downgrade fears dampen market for student-loan backed securities

September 28, 2015

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Industry Outlook Trending

Outlook for Banking Industry? Promising ...

September 28, 2015

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Economy / Rates

Caution Rules: Banking Industry Survival as Interest Rates Remain Unchanged

September 28, 2015

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Pricing

Monitoring the Balance Sheet: Key to Banking Profitability

September 28, 2015

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Economy / Rates Trending

Low Interest Rates: The Good and the Bad for Banking Industry

September 28, 2015

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Market watchers see a potentially lucrative upside for the securitization of marketplace-lending backed assets.
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Fintech Trending

Is marketplace-lending backed securitization poised for lift-off?

September 25, 2015

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The gradual improvement of the economy makes it somewhat surprising that levels of bad loans remain above where they were before the Great Recession. And the rock-bottom interest rates that allowed bankers to keep carrying these loans funded with low-cost capital are about to end.
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Commercial Residential

Inventory of bad loans remains as interest rate hike looms

September 25, 2015

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When regulators from the Federal Reserve, Federal Deposit Insurance Corp. and Officer of the Comptroller of the Currency got into the same room with roughly 40 energy bankers, the sparks reportedly flew.
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Commercial

Regulators raise red flags over energy loan risk

September 24, 2015

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This month the U.S. Department of Housing and Urban Development announced the latest of its debt sales. This one differs from previous rounds, though, as it is guided by important changes in the agency's Distressed Asset Stabilization Program.
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Residential

HUD tweaks Distressed Asset Stabilization Program

September 23, 2015

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Overall loan originations declined 31 percent from 2013 to 2014, according to just-released federal data. The drop-off masks a slight rise in home purchase originations, which was offset by a radical pullback in refinancing.
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Residential

Home refinancing fell off a cliff in 2014

September 23, 2015

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Choosing whether to combine or split the roles has deep implications.
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September 22, 2015

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An investigation by American Banker found that the CFPB's own documents acknowledge that the agency's methods could result in overestimating the amount of racial bias built in to loan ecosystems.
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Consumer L..

Are CFPB charges of racial bias in the auto loan market overblown?

September 21, 2015

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Radius Bank announced on Sept. 16 that it would offer personal loans on its own website via Prosper Marketplace.
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Consumer L..

Full-service bank takes partnership with marketplace lender to new level

September 17, 2015

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C/O and BK Industry Outlook

An Overview of the China Effect on Banks

September 17, 2015

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Economy / Rates Trending

Current and Future Interest Rate Environment: Decreased Need to Raise Rates

September 17, 2015

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Whether the Federal Open Market Committee begins tightening benchmark interest rates at its September meeting or it waits for its confabs in October or even December, you can be sure change is coming soon to auto loan portfolios.
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Consumer L..

Fed interest rate move will spur big changes to auto loan market

September 16, 2015

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While Republican candidates are largely staying away from banking issues as they struggle to be heard above the welter of would-be nominees, Democratic hopefuls are to varying degrees talking tough about further financial reforms.
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September 15, 2015

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A new report showed that commercial real estate portfolios are carrying their highest loan-to-value ratios since before the financial crisis.
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Commercial

Does spike in commercial real estate loan-to-value ratios bode bubble?

September 14, 2015

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In the quarter-century before the financial crisis began in 2008, about 164 new banks opened in the United States every year. Since 2011? Roughly four. Total.
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Trending

Why aren't people opening new banks?

September 11, 2015

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Although credit card issuers remained picky about who gets their plastic, the first quarter saw new charge accounts hit their highest level since 2008.
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