Remove FDIC Remove Lending Remove Missouri Remove Retail
article thumbnail

Another Maryland threat to bank partner model lending

CFPB Monitor

According to the factual allegations in the OCFR’s Charge Letter : The Bank offers in-store retail credit financing as well as store-branded credit cards to Maryland consumers. In addition, legal challenges to the OCC and FDIC “ Madden -fix” rules and the OCC’s “true lender” rule continue to create uncertainty for participants.

article thumbnail

Could COVID-19 Cause A Banking And Commercial Real Estate Crisis?

PYMNTS

Adding to the problem, the Post reported, is the fact that the looming threat of bankruptcies and defaults has already caused banks to tighten lending. The COVID-led commercial real estate crunch is also having a major impact on retail properties. What he and other concerned parties are looking at are the growing reserves that U.S.