The Pasadena, Calif.-based prepaid card issuer expects to gain 750,000 active new cardholders in the deal.
With home values — and interest rates — rising, homeowners finally seem ready to tap into their homes’ equity to fund long-delayed home-improvement projects.
Barry Bekkedam was also fined $100,000 for a failed effort to bring in Tarp funds before NOVA failed in 2012.
The California bank has hired an outside firm to review its loans and will de-emphasize health care lending.
Several prominent Democrats, including Minority Leader Charles Schumer, said Monday that they would oppose the nomination of Treasury Secretary-designate Steven Mnuchin.
The CFPB sued the attorneys and law firm that worked with now-bankrupt debt relief firm Morgan Drexen, alleging they continued a scam that charged millions in fees to thousands of consumers seeking debt relief.
The largest U.S. banks are treading lightly in response to President Trump’s executive order banning travel to the U.S. by refugees and others from certain Muslim nations. Corporate statements emphasize the need for diversity while stopping short of outright opposition.
PHH Corp. is opposing an attempt by Democratic attorneys general in 16 states and the District of Columbia to intervene in an appeals court case that found the Consumer Financial Protection Bureau unconstitutional.
German lender eyes end of US and UK probes into alleged Moscow-London transactions
Consumers will be able to avoid manually entering a full account number on a mobile screen.