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

Jeff For Banks

JUNE 2, 2023

The old borrow short, lend long strategy. Second, this can be accomplished only if the industry does not have too much influence over its regulators and if the regulators have the ability to hire, train, and retain qualified staff. Third, the regulators need adequate financial resources.

FDIC 78

FDIC Community Bank Regulation Lending 78

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. How do you calculate that cost, Mr. Regulator? Which is unfortunate.

NJ 97

NJ social media Strategy Industry 97

William Mills

SEPTEMBER 12, 2017

Digital banking solutions for community banks and credit unions. An industry leader in lending and benchmarking solutions for financial institutions. Chatham Township, NJ 07928. PromonTech has a vision of a mortgage industry that is transparent, efficient and understandable for all: borrowers, lenders, regulators and investors.

Samsung 69

Samsung Mobile User Experience Google 69