Most-read stories for the week include a report on SoFi seeking to test Community Reinvestment Act status quo and an article on LendingClub, which is looking to sponsor a securitization transaction backed by prime loans in the third quarter.
SoFi Bank charter could test CRA status quo
Social Finance Inc., or SoFi, on June 6 applied for a bank charter with the Federal Deposit Insurance Corp. as it looks to test regulators' flexibility on the Community Reinvestment Act.
Insurance execs: New retirement savings advisory rule dampening annuity sales
Several life insurance executives referred during earnings calls to sluggish annuities sales that they blamed on the new Department of Labor Conflict of Interest Rule that became applicable to their businesses during the second quarter.
LendingClub moving forward with securitization program
LendingClub Corp. is looking to sponsor a securitization transaction backed by prime loans in the third quarter.
State insurance commissioners not getting answers they need from Washington
With the Aug. 16 deadline looming for health insurers to set 2018 premium prices, state insurance regulators continue working to keep their markets stable while awaiting answers from Washington on healthcare reform.
Regulators to order Anthem to submit plan detailing response to data breach
Anthem Inc. will have to submit a plan to regulators outlining how the company plans to deal with its latest data breach, S&P Global Market Intelligence has learned.