INV Unfiltered: Green Dot's Banking-as-a-Service Explained [PODCAST]

INV Unfiltered: Green Dot's Banking-as-a-Service Explained [PODCAST]

It's almost a truism in banking to say, “We're really a technology company,” but few can substantiate the claim. Green Dot has a good argument for that: it was a technology company that bought a bank. Its banking-as-a-service model reflects that. Chief Revenue Officer Brett Narlinger explains on this
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Mulvaney revokes powers of CFPB's fair lending office

The division of the Consumer Financial Protection Bureau that was tasked with ensuring that lenders don't discriminate against Americans based on race, religion, sex and other factors, has been stripped of its enforcement power by the CFPB's acting director, Mick Mulvaney, appointed last year by
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Dallas Real Estate Roundup: Design Meets Quality

DALLAS, TX — It's Weekend Real Estate Roundup time again! But in case this is your first Roundup, here's what it's all about. Each week, Patch partners with Realtor.com to bring you some of Dallas' most unique and coveted for-sale houses. This week, we've gathered a collection of houses featuring
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FHFA extends comment period on credit scoring changes

WASHINGTON — The Federal Housing Finance Agency said Friday it will give commenters more time to weigh in on a potential update to the credit scoring requirements for Fannie Mae and Freddie Mac. The deadline was extended by a little over a month, from Feb. 20 to March 30, for stakeholders to
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Relationship Banker – DuPont Circle FC

Relationship bankers (RBs) are located in the financial center and are responsible for assisting and educating customers on self-service banking options (for example, mobile, online, ATM) and building and deepening customer relationships. RBs are also trained in cash transactions and may be asked
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Chip and Joanna Gaines team up with Tim Tebow to help pay off family's mortgage

But what started out as a desire to design a family home for the Copp family ended up being so much more. After the episode's airing, Chip Gaines took to Instagram with a very important request to his followers: Please donate to pay off this extremely deserving family's mortgage.
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Nutley Man Charged by Feds with Wire Fraud to Obtain Mortgage that Fell into Forclosure

U .S. Attorney Carpenito credited special agents of the U.S. Department of Housing and Urban Development, Office of Inspector General, under the direction of Special Agent in Charge Christina Scaringi, with the investigation leading to today's charge. The government is represented by Assistant U.S.
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53 Children Have Now Died During This Year's Flu Season—and It Could Get Even Worse

“Unfortunately, our latest tracking data indicate flu activity is still high and widespread,” said acting CDC director Dr. Anne Schuchat during a weekly briefing on Friday. Hospitalizations from flu are far higher than usual, rivaling the 2014-2015 season, which was one of the deadliest in recent years.
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FHFA extends deadline for industry to provide input on alternatives to FICO

The Federal Housing Finance Agency is giving the mortgage industry more time to provide input on whether Fannie Mae and Freddie Mac should begin using alternative credit scoring models beyond the traditional FICO score. Back in December, the FHFA began requesting input on the possibility of
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Housing group lawsuit alleges racial discrimination in REO property preservation

A group led by National Fair Housing Alliance is suing Deutsche Bank, Ocwen Financial Corp., Altisource Portfolio Solutions, and related entities, alleging racial discrimination in their real estate owned property management practices. At issue in the suit are the housing group's longstanding complaints
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SunTrust Banks Names Todd Chamberlain as EVP

Chamberlain comes to SunTrust from Regions Bank, where he served as executive vice president of consumer lending support services. Before that, he was president and CEO of PNC Mortgage and executive vice president and head of mortgage lending for Regions Bank. Chamberlain also serves as
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CFPB's Fair Lending Office Stripped of Supervision and Enforcement Powers

The Consumer Financial Protection Bureau (the “Bureau” or “CFPB”) has made its first major organizational change under the leadership of Acting Director Mick Mulvaney. The Bureau moved the Office of Fair Lending and Equal Opportunity (the “Fair Lending Office”) inside the Office of the Director and
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6 Tips to Refinance a Mortgage With Bad Credit

Looking to refinance your mortgage? Use these tips to get you started.
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4Q2017 Space Overview: A look at the Triangle's commercial real estate scene

Companies such as Credit Suisse, Infosys, Align Technology, PowerSecure, Victra (formerly A Wireless), Med-El and others made big investments in new commercial real estate spaces for their employees and operations in the region which resulted in positive absorption of Class A office space.
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Hedge Funds Bet Bitcoin's Pain Isn't Over on Cboe Futures Market

Leveraged funds, which include hedge funds, held 2,974 short positions in Cboe Global Markets Inc.'s Bitcoin futures as of Tuesday, a fivefold jump from the prior week. Long bets dropped to 895 contracts, down 22 percent from a week earlier, according to weekly data released Friday by the U.S.
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US Seeks Major Fines, Recalls in Fiat Diesel Settlement

The proposed framework of an offer was extended to the Italian-American automaker last week and included steps it would have to take to mitigate its past pollution and internal changes to prevent future violations of environmental rules, according to a copy of the settlement offer obtained by Bloomberg
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Frontier Weighs Sale of Ex-Verizon Landline Assets

Frontier Communications Corp. is working with advisers to sell assets as the debt-laden rural telecom company looks to raise new funds and fix its capital structure, according to people with knowledge of the matter. The company is considering a sale of a package of landline assets in California, Florida
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Is Buying Vasco Data Security International (NASDAQ:VDSI), Having Higher Short Interest a …

Investors sentiment increased to 1.16 in Q3 2017. Its up 0.06, from 1.1 in 2017Q2. It improved, as 14 investors sold VASCO Data Security International, Inc. shares while 37 reduced holdings. 22 funds opened positions while 37 raised stakes. 20.29 million shares or 7.72% more from 18.84 million shares
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10 facts that illustrate the “déjà vu” January in Calgary's housing market

Calgary's housing market was off to a predictable start in January, mirroring the activity that took place during the January's of the past three years. Although homebuyers in the New Year were greeted by new mortgage regulations and a Bank of Canada overnight rate hike, the housing market appears to
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Interest Rates Rise

By Michael Neal According to the Mortgage Interest Rate Survey produced by the Federal Housing Finance Agency, contract rates on 30-Year fixed rate mortgages ticked up one basis point in December 2017 to 4.01 percent. Information provided by Freddie Mac, a more commonly used series, showed
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