PYMNTS

DECEMBER 10, 2016

Two years ago today, Lending Club was ringing the bell on an IPO that one early investor called “a no-brainer.”. Lending Club’s model does not need bank branches on each street corner, and it can turn around in minutes and hours, not days. I crossed paths with Laplanche back in 2007 and wanted to back him right away,” Petrushka said.

Lending 100

Lending Compliance Capital Marketing 100

TheGuardian

NOVEMBER 11, 2020

HBOS whistleblower who had warned against its unsustainable lending and the sale of financial products such as PPI In the years leading up to the economic crisis of 2007-08 few challenges were made to excessive and opportunistic financial activity and since then few individuals have been called to account for the damage it caused.

Training 95

Training Compliance Lending Regulation 95

CFPB Monitor

DECEMBER 9, 2021

In his most noteworthy remarks, Director Chopra: Identified federal preemption as having played a major role in the 2007-2009 sub-prime mortgage crisis and suggested that the OCC had used preemption “to attack state consumer protection enforcement.”

National 78

National Lending Regulation Compliance 78

PYMNTS

MAY 1, 2018

It’s a bold statement, considering that the lending space is still trying to articulate what, exactly, the financial inclusion problem is — and everyone else is still trying to figure out what, exactly, “machine learning” means and why it matters to them. First, many in the lending space may wonder, “What financial inclusion problem?”

Lending 143

Lending Data Compliance Tools 143

Jeff For Banks

JUNE 24, 2010

Economists and government officials continue to cite lack of lending activity as a key contributor to our economic malaise. Much of the standoff revolves around real estate secured lending. Regulators are slightly schizophrenic on the subject. What I suggest regulators consider is collateral alternatives.

Lending 65

Lending FDIC Regulation Regional 65

Gonzobanker

DECEMBER 17, 2021

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Rex Johnson, Baxter Credit Union founder and former CEO – Rex was a legend in the credit union industry who will always be remembered as the “Yoda” of lending.

Fintech 142

Fintech Strategy Leadership Lending 142

Independent Banker

DECEMBER 29, 2015

The internationally adopted rules, aimed at responding to the deficiencies that led to the 2007 financial crisis, took effect Jan. Most concerning has been the safety-and-soundness regulation’s unnecessary effect on reducing certain lending by community banks, say Kendrick and several community bankers. Headwind for lending.

Community Bank 70

Community Bank Community Capital Lending 70