Remove Connecticut Remove Operations Remove Regulation Remove social media
article thumbnail

Connecticut federal court allows CFPB claims to proceed against mortgage company and principals for alleged licensing and other violations

CFPB Monitor

A Connecticut federal district court has refused to dismiss claims filed by the CFPB against a mortgage company and three of its principals for alleged Truth in Lending Act (TILA), Mortgage Act and Practice (MAP) Rule, and Consumer Financial Protection Act (CFPA) violations.

article thumbnail

Why Banks Merge: Listen to the Sellers

Jeff For Banks

will provide greater capital resources and operational scale that will allow us to grow as part of a larger community bank." - Loralee Hutchinson, President of Alarion Financial Services, Inc. Read: We need to be bigger and have more capital to keep up with regulation and the industry. And what is social media?

article thumbnail

Why Facebook’s Business Model Isn’t Its Biggest Problem

PYMNTS

Wylie claims that Cambridge was the brains and the financing behind Kogan’s whole operation – and that Facebook was well aware of what they were doing with the data they were gathering. That post, theoretically, was supposed to calm fears that Facebook had been hacked, and to reassure users, investors and regulators that things were fine.

Maine 105