Abrigo

SEPTEMBER 20, 2021

Data collection for small business lenders Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule. Proposal Issued. securities credit.

Lending 195

Lending Data Compliance Regulation 195

CFPB Monitor

JULY 5, 2022

In response to a request from three Democratic House members, the GAO recently issued a report on its review of fair lending oversight conducted by the Office of the Comptroller of the Currency. These changes contributed to fewer annual fair lending examinations and deficiency findings leading to matters requiring attention at smaller banks.

Lending 78

Lending Report Policies Handbook 78

Abrigo

SEPTEMBER 14, 2022

Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule. The proposed rule , unveiled Sept. A Decade in the Making.

Lending 195

Lending Data Regulation Community 195

South State Correspondent

MARCH 14, 2024

Risk management also needs to change. If your duration is too long or your BSA compliance is weak, those aren’t good things, but that is not how the bank is going to fail. Finding your bank tied to a rural area that is decreasing in size and profitable demographics is your bigger risk.

Innovation 195

Innovation Strategy Capital Comparison 195

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. In 2010, LendingClub added to its war chest with a $24.5

Lending 135

Lending Fraud Management San Francisco 135

Independent Banker

FEBRUARY 24, 2016

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms. Competing and beating FinTech’s digital-platform lenders. By Jonathan Rowe.

Community Bank 70

Community Bank Community Lending FDIC 70

Independent Banker

JUNE 30, 2022

But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. By Ed Avis.

Community Bank 172

Community Bank Community National Philadelphia 172