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TBA News & Headlines

Rep. Oliveira Files Tax Lien Lending Bill to Protect Homeowners

Texas Rep. Rene Oliveira announced his filing of House Bill 1936, which, he said, was designed to protect homeowners from the predatory property tax lending industry and to help them find more affordable financing alternatives.

Bank Earnings Dip in 2014 for First Time in Five Years

FDIC-insured banks and savings institutions earned $36.9 billion in the fourth quarter, down 7.3 percent from the industry’s earnings a year before, the FDIC said yesterday.

White House Renews Push on ‘Fiduciary’ Definition

President Obama yesterday announced that the Department of Labor would re-propose in the coming weeks a rule redefining who counts as a fiduciary under the Employee Retirement Income Security Act.

FDIC Study: Bank Branches Shrink but Remain Prevalent

Although the number of bank branches has fallen over the past half-decade as mobile and online banking choices grow, branches remain a prevalent community fixture, the FDIC said yesterday.