Banks

When it comes to crisis management, one expert says apologies and promises are not enough

Tomorrow, JPMorgan Chase, Citigroup and Wells Fargo will report earnings for the first few months of the year. This year is shaping up to be a good one for the big banks, which are hauling in record profits. Analysts expect the new tax law and consumer confidence to be big boosters. Click the above audio player […]

The Texas economy has grown about twice as fast as the rest of the country over the past decade, according to the Federal Reserve Bank of Dallas. And a new report by the Dallas Fed finds one reason is that immigrants are helping to power the state’s economy. Click the audio player above to hear […]

Mortgage finance giants Fannie Mae and Freddie Mac consider one credit score when determining the creditworthiness of mortgage applicants: FICO.  Some members of Congress want to change that by adding a provision to a bank deregulation bill that would require Fannie and Freddie to also look at applicants’ VantageScore. The company that calculates VantageScores is […]

Fair housing advocates are concerned about a pending vote in the Senate that would relax banking rules on reporting loan data. Click the audio player above to hear the full story.