Jim Linnane, the former head of retail at Stearns Lending, has joined Flagstar Bank as the president of the company’s distributed retail mortgage division. Linnane, who worked at Wells Fargo for 15 years and also ran national sales at Guaranteed Rate, will head Flagstar’s efforts in strategy, sales, growth, recruitment and operations for the division.…
The Consumer Financial Protection Bureau (CFPB) plans to revive “dormant” Dodd-Frank Act powers that would allow the watchdog to conduct supervisory exams on nonbanks or any “fintech” it believes is risky. “Given the rapid growth of consumer offerings by nonbanks, the CFPB is now utilizing a dormant authority to hold nonbanks to the same standards…
French President Emmanuel Macron has positioned himself as the diplomatic linchpin in Western Europe’s response to the Ukraine crisis ahead of France‘s election on Sunday, but a right-wing opposition candidate with a history of friendly ties to Russian President Vladimir Putin could complicate Mr. Macron’s path to a second term. Closing opinion polls are showing…
More Americans are relying on their credit cards to keep bills paid as inflation has skyrocketed to a 40-year high. A new report by the Federal Reserve Thursday shows that consumer credit, the amount advanced to individuals for purchases, spiked by $41.8 billion across the U.S. in February. The rise is significantly higher than the…
A protester holds a placard reading "Putin - No!" during an opposition rally in central Moscow, on March 10, 2019, to demand internet freedom in Russia. With internet and cybersecurity companies exiting the company, the web could be about to get far less open and secure in Russia than it was before the Ukraine invasion.…
New World Amazon Amazon’s journey to bring Korea’s Lost Ark to the West has been an unqualified success, as the game has become one of the most concurrently played in Steam history, and is still performing well even after a huge swath of major releases this past month. Seeing Lost Ark on the chart got…
Ashley Bachelor, who is the former partner of Rajon Rondo and the mother of their two children, was granted an emergency protective order against the Cleveland...
Former UFC fighter Cain Velasquez, who was arrested Feb. 28 and is being charged with attempted murder and 10 additional gun-related charges, was denied bail...