Banks http://wyso.org en New Mortgage Rules In Effect This Week Get Mixed Reviews http://wyso.org/post/new-mortgage-rules-effect-week-get-mixed-reviews <p dir="ltr" style="line-height:1.15;margin-top:0pt;margin-bottom:0pt;"><span id="docs-internal-guid-09fd3b0e-92e6-cc48-b541-ca512ddfcaa7"><span style="font-size: 19px; font-family: Arial; background-color: transparent; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: Georgia, 'Times New Roman', Times, serif; font-size: 14.44444465637207px; line-height: 1.5;">&nbsp;</span>A complex new set of rules designed to limit risky loans is in place as of this week for mortgage bankers. The regulations were developed in response to the 2008 financial crisis.</span></span></p> Wed, 15 Jan 2014 11:44:38 +0000 Lewis Wallace 44646 at http://wyso.org Feds Intervene in West Dayton Banking Controversy http://wyso.org/post/feds-intervene-west-dayton-banking-controversy <p></p><p>Federal regulators held a public meeting Monday to talk about banking services in West Dayton. The closing of the Westown PNC branch this summer has turned a large part of West Dayton into a &ldquo;banking desert&rdquo;; from the former site of the bank, there are no bank branches within a two-mile radius.</p><p>At the crowded meeting, David Greer with the Northwest Priority Board called the departure of banks from the neighborhood &ldquo;redlining.&rdquo;</p><p></p> Tue, 01 Oct 2013 14:27:21 +0000 Lewis Wallace 39999 at http://wyso.org Feds Intervene in West Dayton Banking Controversy PoliticsOhio: DeWine Says Banks May Pay Ohio Even More http://wyso.org/post/politicsohio-dewine-says-banks-may-pay-ohio-even-more <p>Ellen Belcher, who&#39;s filling in for Emily McCord, interviews Attorney General Mike DeWine about the $75 million he&#39;s awarding to&nbsp;counties in Ohio to tear down the tens of thousands of homes that have been foreclosed on and abandoned.</p><p>Montgomery County is eligible for $4 million; Greene County could get $700,000 and Clark County could&nbsp;take in $1 million.</p> Fri, 18 May 2012 21:45:00 +0000 Ellen Belcher 16254 at http://wyso.org Fifth Third Bank's Profit Doubled in 2nd Quarter http://wyso.org/post/fifth-third-banks-profit-doubled-2nd-quarter <p><span class="article-content"><span>Regional banking company Fifth Third Bancorp says its second-quarter earnings more than doubled as credit trends continued to improve.<br /><br />The Cincinnati-based company reports net income of $328 million for April, May and June. That compares with earnings of $130 million in the same period a year ago. Some analysts expect earnings-per-share of 28 cents.<br /><br />Fifth Third says it saw growth in mortgage banking, credit card and corporate banking revenue. They operate more than 1,300 banking centers in 12 states.</span></span></p> Thu, 21 Jul 2011 16:01:00 +0000 Associated Press 1940 at http://wyso.org