Independent Banker
FEBRUARY 28, 2022
What it means for community banks is clear. Throughout the near future, similar market volatility and uncertainty is likely to plague mortgage lenders, calling on community bank leaders to develop new strategies to aging challenges. Developing leaders in mortgage lending. Download white paper.
Independent Banker
NOVEMBER 1, 2021
Community banks who are considering entering the small business lending space are already challenged by several barriers to entry: Inefficiency of traditional loan processing. Lack of quality lending opportunities to put their deposits to work. Download the entire white paper on Velocity Solutions’ website.
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CFPB Monitor
JULY 1, 2015
A recent American Banker article written by officials of three community groups urges President Obama to publicly denounce Director Cordray for failing to issue regulations implementing the small business lending data requirements of Dodd-Frank Section 1071. Large banks in particular have a lot of room for improvement.”
PYMNTS
MAY 10, 2017
“Small businesses fuel America’s economic engine, create jobs and nurture communities. Yet little is known about how well the lending market serves their financing needs,” CFPB Director Richard Cordray said in a statement announcing a formal request for information.
PYMNTS
OCTOBER 30, 2018
A new white paper from QuickBridge found an estimated 50 percent of small businesses that fall victim to a cybercrime are unable to recover and, as a result, are forced to shutter their doors. . Yet, the data suggests that small businesses may not be aware of the risk they face from cybercriminals.
CFPB Monitor
MAY 18, 2016
.” The forum will bring together representatives from banks, financial technology companies, and community and consumer groups to discuss developments, opportunities, and challenges related to financial innovation. The white paper discusses the OCC’s eight guiding principles for responsible financial innovation.
CFPB Monitor
AUGUST 31, 2015
84 House members recently wrote to the CFPB to urge it to expedite rulemaking to implement the small business lending data requirements of Dodd-Frank Section 1071. They assert that “[t]ransparency in small business lending data is the key to understanding the credit needs of women-owned and minority-owned small businesses.
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