Academic journal article ABA Banking Journal

On Ababj.Com

Academic journal article ABA Banking Journal

On Ababj.Com

Article excerpt

Basics about Homeowner Affordability and Stability Plan The Obama Administration's Homeowner Affordability and Stability Plan consists of two major prongs: The Home Affordable Refinance Program, or HARP, and the Home Affordable Modification Program, or HAMP. Key points of both programs are explained, with context.

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Commercial deposits are key; how to get them

Banks are currently enjoying something of a deposits reprieve. But as the situation and markets stabilize, core deposit growth challenges will return, competition will intensify, and costs of funds will increase. Banks have come to recognize the importance of business deposits, but to date, many of these deposit relationships represent mere fractions of the customer's total wallet. Banks must take a more proactive approach, including these four steps:

* Improve cross-sales and management of credit relationships;

* Acquire and better manage deposit-only customers;

* Adopt a segment-focused, "trusted advisor" sales and relationship management model; and

* Develop a treasury management function enabling all this.

You can fight proposed enforcement actions

A regulatory enforcement action. …

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