Links in “Banks”

Ten individuals charged in two-pronged scheme involving falsified tax records and straw buyers. [9/4]

Twitter is becoming an increasingly helpful alert tool for matters pertaining to compliance and risk; part 1 of a 2-part series. [9/3]

Analyst notes that the proposed revisions to the Qualified Residential Mortgage rule will likely mean ongoing reliance on Fannie Mae and Freddie Mac as the paths of least resistance. [9/3]

Once a courtesy to cover occasional overdrafts, the practice has now transitioned to multi-billion-dollar business for banks; what consumers should know to protect themselves. [9/3]

With interest rates edging up, more banks are seeking to increase their early withdrawal penalties, but there are wrong ways and right ways of handling the notification. [9/3]

While the number of problem banks decreased, because of the number of banks that have gone out of existence, the percentage of troubled institutions remains disconcertingly high. [9/3]

FDIC reports banks reported income of $42.2 billion in Q2, a 22.6% increase from a year earlier. [8/30]

Down from 612 a year ago and from the peak of 888. [8/30]

The $42.2 Billion Earnings is just part of the 2nd quarter improvement. Other positives: Unprofitable Banks now 8.2% down from 11.3% same time last year. Charge offs of $14.2 billion is down 30.7% from 2012. ROA rose to 1.17, the highest since 2007. Hmmm? [8/29]

Township of Mount Holly files its opening brief in the U.S. Supreme Court; at stake is whether disparate impact claims or only "purposeful discrimination" are cognizable under the Fair Housing Act. [8/29]