Jeff For Banks

MAY 20, 2017

Both institutions were over the CRE concentration guidelines, so putting them together would exasperate this risk, so the regulatory thinking must have been. Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. They couldn't get regulatory approval.

Lending 60

Lending Regulation Community Community Bank 60

Jeff For Banks

OCTOBER 15, 2021

Retiree: That's Not So Funny To the retiree that prefers the safe haven of FDIC insured deposits held at the local bank that lends it out locally, this is a serious issue. Although this is higher than the current top guideline of Fed Funds rate of 25 basis points, I feel comfortable using it as a proxy for bank savings rates.

Taxes 78

Taxes FDIC Guidelines Policies 78

CFPB Monitor

OCTOBER 13, 2020

For example, the Marketplace Lending Association, a trade association for banks and companies that cap rates at 36% per annum on their loans, wrote: “without access to affordable credit, consumers will be in danger of being ensnared in high cost or predatory debt traps.”.

Lending 60

Lending Colorado FDIC National 60

PYMNTS

MAY 24, 2016

These days, payday lending is not a subject that lends itself to much in the way of rational discourse. Opponents of the practice note that, in its most vicious form, payday lending is an expensive predatory scourge on the class of borrowers it attracts, drawing them into a confusing and protracted cycle of debt. .

Lending 103

Lending FDIC Maine Regulation 103

CFPB Monitor

MAY 29, 2019

In addition, it directed the GAO to review the implementation of the amendment. (In February 2019, the FDIC and Federal Reserve Board issued a joint advisory to make financial institutions aware of the provisions in the Economic Growth Act dealing with loan rehabilitation programs.).

Report 60

Report FDIC Regulation Industry 60

Jeff For Banks

MARCH 29, 2014

Lending services include commercial loans to small to medium-sized businesses and professional concerns as well as consumers. The amount of deposits available to us while maintaining full FDIC insurance protection for our trust customers has consistently exceeded $30 million for the last three years.

Strategy 102

Strategy Texas San Antonio Fort Worth 102

FICO

JANUARY 9, 2017

consumer lending market anticipated 2017 would be more of the same. This means that the future fate of controversial rulemaking, such as the CFPB’s arbitration and small dollar lending proposals that began under a Democratic administration, will be subject to the Republican Congress’ potential use of the CRA.

Regulation 40

Regulation Lending New York Leadership 40