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

The quickness with which these Wall Street-driven nonbank lenders—variously called peer-to-peer, online marketplace or financial technology (FinTech) lenders—can fulfill borrowers’ requests has enabled alternative lending to double every year since 2010. FDIC-insured deposits largely solve this problem for banks.

Community Bank 70

Community Bank Community Lending FDIC 70

Jeff For Banks

APRIL 29, 2021

I've been writing since 2010. The subtitle came from a virtual conference where Jelena McWilliams, the FDIC Chair, said those words. Before release, I noticed that two of my social media contacts that served financial institutions and financial technology companies penned their own tomb: Beyond Good. write a book!

Conference 78

Conference social media Capital Marketing 78