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	<title>BANK TALK &#187; Safety and Soundness</title>
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	<description>Exploring the Finances of the Unbanked</description>
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		<title>DOJ Sues Deutsche Bank</title>
		<link>http://banktalk.org/2011/05/03/doj-sues-deutsche-bank/</link>
		<comments>http://banktalk.org/2011/05/03/doj-sues-deutsche-bank/#comments</comments>
		<pubDate>Tue, 03 May 2011 19:26:15 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[mortgage lending]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=3550</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsThe Department of Justice is seeking treble damages on every loan guaranteed by FHA that was delivered to HUD by Deutsche Bank&#8216;s subprime mortgage origination unit MortgageIT. DOJ notes that FHA has already paid out $386 million on defaulted loans that were originated through MortgageIT. It expects that additional defaults on loans not yet soured [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>The Big Banks Are Optimistic</title>
		<link>http://banktalk.org/2011/02/07/the-big-banks-are-optimistic/</link>
		<comments>http://banktalk.org/2011/02/07/the-big-banks-are-optimistic/#comments</comments>
		<pubDate>Mon, 07 Feb 2011 16:56:34 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[Safety and Soundness]]></category>
		<category><![CDATA[What If]]></category>
		<category><![CDATA[AOCI]]></category>
		<category><![CDATA[Big Banks]]></category>
		<category><![CDATA[Other Comprehensive Income]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=3195</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsTo paraphrase a famous (or infamous) critic of capitalism, &#8220;there is a specter haunting&#8221; our banks. It is the specter of unrealized losses from properties that our banks have yet to put into foreclosure. For anyone operating without insider knowledge, it is a best guess-scenario to estimate just how many writedowns are yet to come. [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Wells Fargo Calling: We&#8217;ve Got a New Interest Only ARM for You!</title>
		<link>http://banktalk.org/2010/11/03/wells-fargo-calling-weve-got-a-new-interest-only-ar-for-you/</link>
		<comments>http://banktalk.org/2010/11/03/wells-fargo-calling-weve-got-a-new-interest-only-ar-for-you/#comments</comments>
		<pubDate>Wed, 03 Nov 2010 20:37:29 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[Consumer Finance]]></category>
		<category><![CDATA[housing finance]]></category>
		<category><![CDATA[North Carolina]]></category>
		<category><![CDATA[subprime]]></category>
		<category><![CDATA[interest-only home equity ARMs]]></category>
		<category><![CDATA[Wells Fargo]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=2871</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsThe more things change, the more they stay the same. Wells Fargo is moving the customers it inherited from legacy Wachovia over to the full-fledged Wells accounts. Wells has always believed in selling mulitple products to each customer. In this 2010 presentation made to the Sloan School of Business at MIT, Wells claims to have [...]]]></description>
		<wfw:commentRss>http://banktalk.org/2010/11/03/wells-fargo-calling-weve-got-a-new-interest-only-ar-for-you/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
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		<title>The Future of ShoreBank</title>
		<link>http://banktalk.org/2010/08/20/the-future-of-shorebank/</link>
		<comments>http://banktalk.org/2010/08/20/the-future-of-shorebank/#comments</comments>
		<pubDate>Fri, 20 Aug 2010 15:45:20 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[policy]]></category>
		<category><![CDATA[Safety and Soundness]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[ShoreBank]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=2585</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsThe time for a decision on ShoreBank may be coming soon. A few rumors are circulating that the FDIC is ready to make a decision about ShoreBank, the famous Chicago community development lender that helped to define the field of community capitalism. ShoreBank created a model of making loans in low-and-moderate income neighborhoods in the [...]]]></description>
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		<slash:comments>3</slash:comments>
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		<title>New FHA Premiums</title>
		<link>http://banktalk.org/2010/08/19/new-fha-premiums/</link>
		<comments>http://banktalk.org/2010/08/19/new-fha-premiums/#comments</comments>
		<pubDate>Thu, 19 Aug 2010 18:56:00 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[housing finance]]></category>
		<category><![CDATA[policy]]></category>
		<category><![CDATA[Safety and Soundness]]></category>
		<category><![CDATA[credit scoring]]></category>
		<category><![CDATA[FHA]]></category>
		<category><![CDATA[LLPA]]></category>
		<category><![CDATA[pmi]]></category>
		<category><![CDATA[private mortgage insurance]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=2576</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsThe Federal Housing Administration has decided to rethink how it protects itself with a new guidance last month. The new rules have implications not just for borrowers, but also for private mortgage insurance companies. The new rules, known as the Loan Level Pricing Adjustments (LLPA &#8211; pdf here), say that most FHA borrowers will now [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Hearing on HMDA Reforms</title>
		<link>http://banktalk.org/2010/07/08/hearing-on-hmda/</link>
		<comments>http://banktalk.org/2010/07/08/hearing-on-hmda/#comments</comments>
		<pubDate>Thu, 08 Jul 2010 11:07:03 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[policy]]></category>
		<category><![CDATA[subprime]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[HMDA]]></category>
		<category><![CDATA[subprime lending]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=2367</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsThe Federal Reserve will hear the first round of testimony next Thursday on the construction and dissemination of data provided for by the Home Mortgage Disclosure Act. The meeting will be held at the Atlanta branch of the Federal Reserve. Three other meetings are scheduled in the following weeks for Washington, DC, Chicago, and San [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Linking Green Dot to Pay Day Lending</title>
		<link>http://banktalk.org/2010/06/17/linking-green-dot-to-pay-day-lending/</link>
		<comments>http://banktalk.org/2010/06/17/linking-green-dot-to-pay-day-lending/#comments</comments>
		<pubDate>Thu, 17 Jun 2010 21:19:31 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[Consumer Finance]]></category>
		<category><![CDATA[payday lending]]></category>
		<category><![CDATA[subprime]]></category>
		<category><![CDATA[unbanked]]></category>
		<category><![CDATA[Green Dot]]></category>
		<category><![CDATA[wal-mart]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=2291</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsIn its application to the FRB of SF, Green Dot says that its business plan for its acquisition of Bonneville Bank does not include any intent of offering credit to consumers that use its debit cards.  I hope that this is true. High-cost credit lines are the biggest problem with the cards at MetaBank. When [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
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		<title>Florida Banks are Among BP&#8217;s Innocent Bystanders</title>
		<link>http://banktalk.org/2010/06/16/banks-are-among-bps-innocent-bystanders/</link>
		<comments>http://banktalk.org/2010/06/16/banks-are-among-bps-innocent-bystanders/#comments</comments>
		<pubDate>Wed, 16 Jun 2010 14:42:00 +0000</pubDate>
		<dc:creator>Adam Rust</dc:creator>
				<category><![CDATA[real estate]]></category>
		<category><![CDATA[Safety and Soundness]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[community banks]]></category>
		<category><![CDATA[Gulf Coast]]></category>

		<guid isPermaLink="false">http://banktalk.org/?p=2282</guid>
		<description><![CDATA[government,politics&#160;news,politics&#160;news,politicsRegional Gulf Coast banks, particularly those operating as portfolio lenders, are already suffering.Yet while most of the press on the environmental damage has focused on Louisiana, the real damage for banking is likely to be located among community banks in Florida. Barron&#8217;s recently identified three &#8220;top&#8221; Gulf Coast banks: MidSouth Bancorp, Iberia Bank, and Teche [...]]]></description>
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		<slash:comments>0</slash:comments>
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