PYMNTS

AUGUST 30, 2020

government's Economic Injury Disaster Loan (EIDL) program, plagued by delays and fraud, has created attention for a firm that netted around $800 million in fees while subcontracting the work out to the nation's largest mortgage lender, The Wall Street Journal (WSJ) reported. which owns Quicken Loans as well. Rocket Cos.

Ohio 271

Ohio Virginia Fraud Lending 271

Independent Banker

SEPTEMBER 25, 2014

However, as the expansion proceeds and bank lending continues to gain steam, sound principles of loan underwriting and concentration management must be remembered.”. in Kent, Ohio. Anna DeSimone, president of Bankers Advisory, a lending compliance consulting firm in Belmont, Mass., increased operational risks. “So

Compliance 101

Compliance Regulation Community Bank Community 101

Gonzobanker

DECEMBER 19, 2022

In December, the founder and CEO of Crypto Exchange company FTX was arrested in the Bahamas (yah, don’t ask) and charged with fraud and conspiracy. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. In January, we were discussing crypto and the need to formulate customer crypto strategies.

Community 216

Community Fintech Industry Innovation 216

FICO

JANUARY 5, 2023

CFPB Director Rohit Chopra has further indicated that he would like to see consumer protections akin to those for credit cards, including improving disclosures and fraud and dispute resolution protections. Some BNPL firms already are providing disclosures mandated by the Truth-in-Lending Act. See all Posts. chevron_left Blog Home.

Policies 52

Policies Company Regulation Risk Management 52