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Lord & Taylor Joins Retail Bankruptcy Watch

PYMNTS

According to the Dallas Business Journal , JCPenney had a turnaround plan before the pandemic hit. They are too big to qualify for the Main Street lending program aimed at companies with fewer than 10,000 employees or $2.5 Speculation now moves to JCPenney, which was struggling before the coronavirus pandemic hit. billion in sales.

Retail 220
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Lending Focus – Interest Rate Sensitivity and Credit Accuracy. If you look back over any recession, it is the two years prior when banks make 80% of their lending mistakes. Many banks, for example, are still hyper-competitive in multifamily lending. Remember all those five-year fixed-rate loans you booked at 4%?

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Santander Consumer Profit Falls on Personal Lending Woes

American Banker

Santander Consumer Holdings USA in Dallas on Wednesday reported lower quarterly profits due to ongoing issues associated with its discontinued personal loan business.

Dallas 54
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15 Minutes With … Jimmy Rasmussen

Independent Banker

IB: You were recently reelected to serve a second term on the Federal Reserve Bank of Dallas board of directors. I do my best to be their voice at our Dallas meetings. IB: What kinds of insights do you provide as a director to the Dallas Fed? IB: What kinds of insights do you provide as a director to the Dallas Fed?

Dallas 131
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Senate Banking Committee to hold April 28 hearing on “rent-a-bank,” Acting Comptroller of the Currency and State AGs send letters to lawmakers on OCC “true lender” rule

CFPB Monitor

In addition to Brian Brooks, the former Acting Comptroller of the Currency, the scheduled witnesses are Josh Stein, North Carolina Attorney General, Lisa Stifler, Director of State Policy, Center for Responsible Lending, Dr. Frederick D.

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Texas Capital Hires TD Bank Exec to Lead Franchise Lending

American Banker

Texas Capital Bancshares in Dallas has hired a TD Bank executive to expand its lending to franchise-related businesses.

Texas 28
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What Goes Up …

Independent Banker

Happy State Bank’s 32 offices are spaced over 500 miles, giving the bank’s lending portfolio geographic diversity. Today, Happy State Bank lends more conservatively as oil prices move higher. Energy lending has a few advantages over commercial real estate, says C.R. It’s nothing that banks here can’t handle.”.