Remove Exercises Remove Leadership Remove Lending Remove Marketing
article thumbnail

Scale Matters … But Smart Matters More

Gonzobanker

Without this push, traditional banks may lose a terminal amount of future market share. An exercise Cornerstone likes to conduct: Take a look at the top 20% of the bank’s headcount and review comp and bonus in descending order. Why is this important?

Tools 150
article thumbnail

Bank Earnings Are Toast – It’s Time to Take Bold Action

Gonzobanker

Practice the art of surgical lending. As the large banks announce freezing lending in some sectors, community and mid-size banks should bring more data and common sense to the table. For instance, Wells and Chase just shut down all home equity lending. Build transparency around I.T. Benchmark every function and drive excellence.

Lending 103
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Connecticut federal court allows CFPB claims to proceed against mortgage company and principals for alleged licensing and other violations

CFPB Monitor

A Connecticut federal district court has refused to dismiss claims filed by the CFPB against a mortgage company and three of its principals for alleged Truth in Lending Act (TILA), Mortgage Act and Practice (MAP) Rule, and Consumer Financial Protection Act (CFPA) violations.

article thumbnail

CFPB’s Taskforce on Federal Consumer Financial Law releases report

CFPB Monitor

The Taskforce was charged with examining the existing legal and regulatory environment for consumers and financial services providers and making recommendations to the Bureau’s leadership for improving consumer financial laws and regulations. The report consists of two volumes. Bureau reorganization. enforcement, rulemaking and supervision).

Report 78