A federal judge has vacated two funding decisions made under former acting Consumer Financial Protection Bureau Director Russell Vought, rejecting the legal theory that Federal Reserve losses could eliminate the bureau’s statutory source of operating funds. Senior...
The Federal Reserve has approved Peoples Bancorp Inc.’s proposed $76.6 million acquisition of Citizens National Corporation, but the decision exposed a split over how the central bank is weighing competition in already concentrated local banking markets. The 29-page...
California regulators closed Irvine-based Nano Banc on Friday after years of supervisory problems and mounting financial losses, handing the institution to the Federal Deposit Insurance Corporation in a failure the FDIC estimates will cost its Deposit Insurance Fund...
The Justice Department has sued New York real estate developer Stagg Group, alleging that six apartment buildings containing a combined 607 units were designed and constructed with features that fail to meet the Fair Housing Act’s accessibility requirements for people...
BCB Bancorp is selling approximately $205.3 million in problem loans to six buyers and expects to take a $43.3 million pre-tax loss in the third quarter, a balance-sheet cleanup concentrated heavily in commercial and multifamily real estate. The Bayonne, New...
HouseCanary Adds 4,000-Plus Florida Agents’ Listings to Google Search…
