CFPB Monitor

SEPTEMBER 25, 2015

The joint complaint filed by the CFPB and DOJ in federal district court in New Jersey states that the action resulted from a joint investigation by the agencies of the bank’s lending practices following the CFPB’s referral of the bank to the DOJ pursuant to the ECOA.

NJ 60

NJ New Jersey New York Philadelphia 60

PopularBank

OCTOBER 13, 2020

NEWARK, NJ and NEW YORK, NY – October 13, 2020 – Popular Bank , a subsidiary of Popular, Inc. The Newark 40 Acres and a Mule Fund will bring pride and prosperity to our city as a whole and to our Black and Latinx business community in particular.”. $100M Fund to Economically Empower Black and Latinx Business Owners.

New Jersey 52

New Jersey Community NJ New York 52

Independent Banker

APRIL 30, 2022

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success. Philadelphia.

Community Bank 172

Community Bank Community Montana Taxes 172

Jeff For Banks

JUNE 2, 2023

The old borrow short, lend long strategy. Economists cite as the main culprit the collapse of the subprime mortgage market — defaults on high-risk housing loans — which led to a credit crunch in the global banking system and a precipitous drop in bank lending. To fight inflation, the Fed raised rates aggressively (familiar?).

FDIC 78

FDIC Community Bank Regulation Lending 78

American Banker

NOVEMBER 3, 2016

is planning to open a commercial lending office in a new market. Malvern Bancorp in Paoli, Pa.,

Lending 28

Lending Marketing NJ Community Bank 28

Jeff For Banks

FEBRUARY 17, 2010

I recently spoke at a NJ Bankers Association event about the things I learned this recession (see blog post regarding subject). My company does line of business and product profitability reporting for community banks. Commercial real estate lending was the common profit driver for banks and thrifts.

NJ 60

NJ Taxes Lending Groups 60

Jeff For Banks

JULY 22, 2013

Since I estimate my Twitter community only reads about 10% of their tweet stream, and so many of my blog readers do not follow Twitter, below are selected quotes that I tweeted since version 5. Bank SVP: the mortgage lending business is like a shark. Bank Exec: The mortgage business only has a 30-day business plan. Bring on the change!

NJ 98

NJ social media Strategy Industry 98