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May 16, 2013

Fannie Mae is back from the dead, having reported that its quarter-2013-over-quarter-2012 net income tripled.  When coupled with a large gain from a positive development on future tax

May 13, 2013

While initial disclosures linked a California bank to the Jackson Hewitt Smart Line of Credit, the most recent information about one of this year's tax time loans connects it to B of I Federal Bank.

Yet more review suggests that Jackson Hewitt may have published inaccurate information on its disclosure. B of I says that it does not have a relationship with the Smart Line.

BofI Federal Bank, a holding company for the Bank of the Internet, is a thrift from San

May 10, 2013

Here is a humorous take on a new pitfall in the ongoing effort to address the impact of foreclosures across our country.

The term "zombie foreclosure" describes a unique situation where a bank, upon foreclosing upon a homeowner, never proceeds to take ownership of a home. Normally, of course, after a bank forecloses they buy the property and then sells it

May 1, 2013

Today's Wall Street to Main Street connection centers on the financing of Dollar Financial.

Dollar Financial provides payday loans, pawn lending, check cashing,

April 26, 2013

Even though Advance America's sole business is to sell payday loans, consumer installment loans, and cash advances, the company had no trouble attracting lots of money from Wall Street.

The most recently available credit agreement announced by Advance

March 27, 2013

Pete Best, the original drummer of the Beatles, is perhaps the most famous example of someone who chose to leave a small business at an incredibly inopportune moment. Best played with Beatles from 1960 to

March 25, 2013

The Community Reinvestment Act has never caught on to the swift and rapid ascension of the prepaid debit card into the personal finances of low-to-moderate income households.

The Community Reinvestment Act should encourage banks to serve low-to-moderate income consumers. It is

March 18, 2013

Lobbying groups argue to protect paper statements: Consumers for Paper Options ("CFPO") is pushing back on a new resolution in Congress which would reverse initiatives to eliminated paper-based communications by the

February 26, 2013

If it can be seen as a proxy of consumer demand, then a cursory review of Google Analytics presents a clear picture of the dynamics of change in payment choice.

February 19, 2013

Six minutes ago, TSYS (ticker: TSS) announced that it will acquire NetSpend for $16 per share.

Fourteen months ago, BankTalk reported that NetSpend might be preparing itself for a sale. To me, it was odd that a growth company - an extreme one - would be