Banker's Toolbox Announces — ACQUISITION OF LOAN LOSS RESERVE POWERHOUSE, MAINSTREET TECHNOLOGIES
Banker's Toolbox, Inc., leaders in compliance solutions for financial institutions, announced the acquisition of Georgia-based MainStreet Technologies (MST). MST is an industry leader in the loan risk management space. This acquisition adds to a strong and growing portfolio of compliance-related solutions and will continue to enhance the value Banker's Toolbox brings to both their customers and the industry. (Read full press release here.)
Waters outlines agenda for House Financial Services Committee
The U.S. House Committee on Financial Services has released the text of a speech by its chairwoman, Representative Maxine Waters, at the Center for American Progress, during which she outlined her agenda for the Committee. Among other things, Waters noted that the evolution of fintech, housing reform and encouraging diversity and inclusion in financial services would be concerns for the committee. She also focused on the futures of Fannie Mae and Freddie Mac, and long-term reauthorization and reform of the National Flood Insurance Program.