CFPB Monitor

JANUARY 7, 2019

I am pleased to share with our blog readers that Alan Kaplinsky, who leads our firm’s Consumer Financial Services Group, was recently awarded the National Law Review’s Go-To Thought Leadership Award in Consumer Finance for his work on our blog, Consumer Finance Monitor. We certainly hope that our readers will agree.

Leadership 60

Leadership National Lending Industry 60

PYMNTS

JANUARY 16, 2018

The Kansas businessman – facing a 2017 conviction for violating federal truth in lending and racketeering laws in connection with his online lending business – attempted to apologize for the $3.5 Opponents of tribal lending applaud this, noting that Tucker’s story is common and symptomatic of the trouble with the industry as a whole.

Lending 118

Lending Miami Regulation Kansas 118

Abrigo

FEBRUARY 16, 2016

Financial institutions considering lending to nonprofits may want to be aware of these recent financial trends, as well as some of the ways lending to these organizations might differ from lending to for-profit businesses. Here are two mistakes to avoid when lending to nonprofits , according to the firm: 1.

Analysis 150

Analysis Lending Community Bank Community 150

Abrigo

MAY 19, 2017

With the National Credit Union Administration issuing its final member business lending (MBL) ruling as of January 2017, credit unions are seeing increased flexibility in their lending limits. Internal foundation for growth The new MBL rule creates a foundation for commercial lending practices and portfolio growth.

Lending 150

Lending Analysis Knowledge Base System 150

Abrigo

APRIL 28, 2016

Small Business Administration What creates two out of three net new American jobs; produces close to half of our nation’s goods and services (nonfarm private GDP); and can be found, coast to coast, in every small town, big city and rural enclave? Tune in all week for live-streaming , beginning at 7:30 p.m. Every business starts small.

National 150

National San Jose Los Angeles United States 150

Abrigo

JANUARY 30, 2024

The Credit + Lending + Portfolio Risk track will cover topics on managing credit risk, making smarter loans faster, managing the current expected credit loss (CECL), stress testing, and asset/liability management (ALM). The Fighting Financial Crime track will focus on BSA compliance, anti-money-laundering (AML), and fraud detection topics.

Conference 195

Conference Arizona Phoenix Fraud 195

CFPB Monitor

SEPTEMBER 6, 2022

I am pleased to share with our blog readers that Kristen Larson, an attorney with almost two decades of in-house experience advising midsized and large national banks on financial services matters, has joined Ballard Spahr’s Consumer Financial Services Group. She will be a regular contributor to our blog.

Groups 78

Groups Minneapolis National Lending 78

CFPB Monitor

JULY 29, 2022

and related entities (collectively, “Harris Jewelry”), a national jewelry retailer that markets and sells military-themed gifts, to resolve their lawsuit which alleged that Harris Jewelry had engaged in unlawful sales and credit practices targeting servicemembers. State regulators may also supervise MLA requirements pursuant to state law).

National 78

National Retail Regulation New York 78

Abrigo

JULY 10, 2020

Both advisor ies further remind institutions that detecting and reporting fraud and other illicit activity is critical to our national security and protecting innocent people from harm. Lending & Credit Risk. Member Business Lending. SBA Lending. Ag Lending. CRE Lending. Lending & Credit Risk.

Fraud 195

Fraud Lending Software Analytics 195

Abrigo

JANUARY 25, 2021

The FinCrime track will focus on BSA/AML and fraud detection topics, while the Credit + Lending track will cover topics on managing credit risk and making smarter loans, faster. Lending & Credit Risk. Lending & Credit Risk. SBA Lending. Drive Growth.” Accounting CPE credits will be available during ThinkBIG.

San Antonio 195

San Antonio Conference Lending Texas 195

CFPB Monitor

NOVEMBER 28, 2022

On November 17, 2022, the Consumer Financial Protection Bureau (“CFPB”) announced in a blog post that it is in seeking to build a new data set that “will allow for a more robust understanding of market trends” in the auto market. trillion nationally) are on pace to surpass student loans as the second-largest debt category in 2023.

Data 147

Data Marketing Lending Trends 147

Abrigo

JUNE 2, 2015

Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. Utilizing the Sageworks Bank Information platform, Sageworks recently examined how steadily auto lending at credit unions – specifically for new vehicles – grew in 2014.

Lending 150

Lending San Antonio CA Sacramento 150

CFPB Monitor

JULY 8, 2019

The CFPB’s annual fair lending report covering its 2018 activities was published in today’s Federal Register. In addition to discussing the symposium and Data Point report in the section on “Access to Credit,” the new fair lending report discusses conducting supervisory reviews of alternative credit scoring models.

Lending 60

Lending Report Policies Compliance 60

PopularBank

MAY 25, 2021

Popular Bank Senior Vice President and Director of National Healthcare Financing Andrew Boland joined fellow industry leaders for the Environmental Banker Association (EBA) panel discussion How COVID Changed Senior Living & Care Underwriting. Underwriting valuation and lending requirement strategies to shift.

National 52

National Industry Lending Strategy 52

CFPB Monitor

NOVEMBER 15, 2018

While the OCC’s encouragement of small-dollar lending was in one sense a welcome development, the OCC bulletin raised several concerns. Unlike the FDIC, the OCC did not issue an RFI in advance of issuing its bulletin.

FDIC 60

FDIC Lending National Examples 60

BankUnderground

MAY 22, 2024

This blog shows that households which spend a larger share of their income on mortgage payments are at a higher risk of being in arrears. Some countries restrict lending to borrowers with high debt-servicing burdens There are different metrics that measure a household’s debt-servicing burden.

Survey 56

Survey Lending Policies Analysis 56

Abrigo

DECEMBER 1, 2020

Takeaway 1 For solid ag lending returns, focus on assessing credit risk in current portfolios and effective pricing. . Takeaway 2 Sentiment rose in 3Q, but the highly uncertain outlook warrants caution in ag lending activities. A tricky year for farmers, ag lending. You might also like this webinar watch. Pandemic Impact.

Lending 195

Lending Survey Operations Payments 195

PopularBank

JANUARY 28, 2022

We are thrilled to welcome Adam Dejak as National Director of Residential Lending for Popular Mortgage. His expertise spans residential, specialty and community development lending, as well as acquisition integration, project management and process improvement. Deep industry expertise and a commitment to giving back.

New York City 52

New York City New York Lending National 52

Abrigo

SEPTEMBER 10, 2015

As credit unions await the finalization of the National Credit Union Administration’s (NCUA) proposed changes to rules for business lending, they may do well to remember Spider-Man’s creed that “With great power comes great responsibility.” The comment period for the NCUA’s proposed member-business lending rule closed Aug.

Risk Management 150

Risk Management Lending Management Resources 150

BankUnderground

APRIL 3, 2024

This blog specifically analyses UK corporate and household sectoral flows from 2000 to the present and highlights how this framework can reveal useful trends and signals for policymakers about the real economy. Chart 1: Household net lending from the financial account (a) Sources: Office for National Statistics (ONS) and staff calculations.

Lending 67

Lending Analysis Policies Trends 67

Abrigo

DECEMBER 14, 2014

Many would point to imprudent lending standards as a leading cause of the financial crisis of 2008, and in turn, financial institution regulators have since bolstered lending standards and capital thresholds as a preventive measure against a similar crisis. Blog Bank Credit Union'

Guidelines 223

Guidelines Payments Lending Capital 223

Abrigo

DECEMBER 13, 2019

Federal Deposit Insurance Corporation Federal Reserve Board Office of the Comptroller of the Currency National Credit Union Administration Federal Financial Institutions Examination Council In addition, enforcement actions issued by the CFPB are available on the Consumer Financial Protection Bureau website. Lending & Credit Risk.

FDIC 195

FDIC Regulation Capital Lending 195

Jeff For Banks

NOVEMBER 24, 2019

The bank, First National Bank of Keystone, was $1.1 And so went the birth of First National Bank of Keystone's meteoric rise. Nationwide lending! Keystone expanded its lending to include high loan-to-value mortgages and home equity loans. The town, already depressed from coal's decline, had a population of 600.

National 78

National West Virginia Virginia Pennsylvania 78

Abrigo

OCTOBER 26, 2020

BSA and AML Day National 2020 Celebration. SBA Lending. To learn more about BSA/AML Day, visit the website. All the financial crime-fighting power. you need in one platform. learn more. Celebrating BSA/AML Day 2020. Learn More. Learn More. Fraud Prevention. Fraud Trends. Is Your Financial Institution Aware of These PPP Red Flags?

Fraud 195

Fraud System US Compliance 195

Abrigo

APRIL 30, 2020

There has been an influx of calls from consumers who can no longer pay their loans, and this will quickly follow suit on the commercial lending side. 1, 2020, and the earlier of 60 days after the termination of the National Emergency, or Dec. 31, 2019; and It must be executed between Mar. Artificial Intelligence. Learn More.

Strategy 195

Strategy Meeting Software National 195

Abrigo

SEPTEMBER 20, 2023

Recognizing the gravity of the situation, the Financial Crimes Enforcement Network (FinCEN) identified fraud as a national priority. And those same economic factors might lead financial institutions to curtail vital investments like anti-fraud technologies, making themselves more vulnerable.

Fraud 195

Fraud Trends Cards Software 195

Jeff For Banks

MAY 20, 2017

Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. They need a marketing person to title their reports.

Lending 60

Lending Regulation Community Community Bank 60

Abrigo

SEPTEMBER 16, 2019

Dunkleberg is the former dean of Temple’s School of Business and Management and has served as the Chief Economist for the National Federation of Independent Business since 1971. Scott, who worked with CSBS to create the index, in a paper summarizing the first results of the index. Asset/Liability. Credit Risk. Learn More. Asset/Liability.

Community Bank 150

Community Bank Community Policies Survey 150

South State Correspondent

JULY 10, 2023

In a National Bureau of Economic Research paper (working paper 31166), the authors (McPhail, Schnable, Tuckman) analyzed individual swap positions for the largest 250 US banks. Hedging tools on the lending side are indispensable in specific scenarios to help banks manage risk and meet client demand.

Community Bank 195

Community Bank Community Tools Management 195

Abrigo

DECEMBER 1, 2014

Credit unions have seen an unprecedented uptick in business-related loans in recent years, according to the Credit Union National Association’s (CUNA) U.S. The NCUA reports that EDP systems designed for consumer lending often do not meet the requirements necessary to service an MBL portfolio. Blog Credit Union'

Strategy 186

Strategy How To Resources Lending 186

Abrigo

AUGUST 5, 2020

is officially in a recession, according to the National Bureau of Economic Research. The national effects remain opaque and will continue to change – do not get complacent. How Stress Test Results Can Yield Better Lending, Credit, and Risk Decisions. After a record 128-month-long economic expansion, the U.S. Asset/Liability.

Management 195

Management Risk Management Trends Industry 195

CFPB Monitor

JULY 27, 2020

In addition to discussing ongoing or past developments that we have covered in previous blog posts, the report includes the following noteworthy information: In October 2019, the Bureau created a Taskforce on Federal Consumer Financial Law.

Report 78

Report Lending Leadership National 78

Abrigo

APRIL 6, 2022

For these purposes, a financial institution includes a national or state bank, a savings association, an Edge or agreement corporation, a U.S. Lending & Credit Risk. Lending & Credit Risk. What are the new notification requirements? branch or agency of a foreign bank, and a bank or savings and loan holding company.

Security 195

Security Regulation District of Columbia United States 195

CFPB Monitor

MARCH 20, 2017

In a recent blog post , Alan Kaplinsky and Scott Pearson wrote about the remarks made by CFPB Director Richard Cordray and Comptroller of the Currency Thomas Curry at the LendIt USA conference in New York City earlier this month. As Alan demonstrates in his article, there is clear OCC and U.S.

Conference 68

Conference New York City National New York 68

Chris Skinner

MARCH 20, 2017

Bank assets to GDO was over 500 per cent in the UK and over 600 per cent in Switzerland, reflecting in part the role of these nations as major financial centres channelling capital flows between third countries. The banks feed domestic credit, financing asset purchases, investment and consumption as well as cross border lending.

System 236

System US Capital Lending 236

Chris Skinner

MAY 5, 2017

Larry Summers, former director of the National Economic Council for President Barack Obama, writes a regular column in The Financial Times. His latest piece is his take on FinTech, which has the main headline that FinTech is taking away frictions in finance. Google, Apple, Facebook and Amazon [GAFA].

Fintech 216

Fintech Apple Google Comparison 216

William Mills

SEPTEMBER 9, 2016

William Mills Agency will be live blogging at Finovate Fall 2016. International lending platform – Create opportunities for Investors. 2015 formed aspire to address inefficiencies in alternative lending market. If you missed any presentations, catch up on our blog from Day 1 here. Average return of 13% per year.

social media 40

social media ATM Mobile Customer Experience 40