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Federal Home Loan Bank of Dallas Awards $18.5m for Affordable Housing

Banking Exchange

Subsidies will create or rehabilitate more than 2,100 housing units Community Banking Feature3 Feature Fair Lending Mortgage Credit Mortgage Mortgage/CRE Human Rights Inclusion Diversity.

Dallas 78
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Texas Capital reports 53% jump in criticized loans, plans for more

American Banker

The first-quarter increase stemmed from higher interest rates, partial charge-offs and certain problem loans, many involving commercial real estate, executives at the Dallas bank say. Further CRE deterioration is anticipated.

Dallas 91
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TAB Bank Expands With $46M Acquisition Deal For BAMFi’s Capital Division 

PYMNTS

As part of the acquisition, BAM’s office in Dallas, Texas will be retained by TAB Bank , including both operations and staff. BAMFi , a software provider for the secured lending space, will still own its proprietary solution FactorCloud. It will now focus solely on its cloud-based secured lending software solution.

Capital 130
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The Benefits of Building a Strong Sales Culture at Your Institution

SWBC's LenderHub

Blake Hastings, my colleague and former senior leader at the Federal Reserve Bank of Dallas, expects financial institutions to see the following lending patterns next year: Economists are predicting loan activity to rise at a more modest pace in 2022 than we’ve seen in 2021.

Dallas 78
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Why Digital Lenders Are Tightening Their Lending Criteria

PYMNTS

In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital. Kassul noted his firm used to invest in ABS from the lending marketplaces but, eventually, there just wasn’t enough profit in it. The Coming Risk Assessment Reset.

Lending 116
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CFPB fines Santander Consumer $4.7M for fair lending violations

American Banker

The Consumer Financial Protection Bureau said that the Dallas-based auto lender knowingly supplied inaccurate consumer data to the three major credit reporting agencies.

Dallas 59
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Five At Five: Do Banks Really Appreciate SMBs?

PYMNTS

officials want to overhaul rules for business lending, facial recognition is being deployed to fight bank fraud and Jet has new fuel for its competition against Amazon. Sam’s Club Launches High-Tech Test Store in Dallas. UK MPs Call for Overhaul of Business Lending Rules. SMBs Say Banks Don’t Appreciate Their Business.

Dallas 134