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Author Archives: Seth Welborn

Seth Welborn is a Harding University graduate with a degree in English and a minor in writing. He is a contributing writer for MReport. An East Texas Native, he has studied abroad in Athens, Greece and works part-time as a photographer.

OCC: Financial Industry Should Not Change Course

The U.S. banking system in 2016 is as well capitalized as any in the world as key industry participants continue to apply the basic lessons they learned from the financial crisis of 2008, according to Comptroller of the Currency Thomas Curry.

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Outlook is Much Brighter for Lender Profits

Q3 marked the third straight quarter in which lenders reported a net positive profit margin outlook, according to Fannie Mae. Notably, compliance costs were less of a concern among lenders compared with Q3 last year.

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