Abrigo

APRIL 23, 2020

As lenders awaited word Thursday on final approval of $310 billion in new authorizations for the Paycheck Protection Program (PPP), they had as many questions as answers about program guidelines. All of the [lenders] are in a holding pattern, but it will be like rush hour in New York or Los Angeles. SBA Lending.

Lending 221

Lending Los Angeles North Carolina Community 221

Jeff For Banks

MAY 20, 2017

and New York Community Bancorp called off their planned merger. Both institutions were over the CRE concentration guidelines, so putting them together would exasperate this risk, so the regulatory thinking must have been. How significant was CRE lending to the souring of bank loan portfolios?

Lending 60

Lending Regulation Community Community Bank 60

CFPB Monitor

JANUARY 7, 2021

However, the AG plaintiffs in the new lawsuit instead view the Rule as “an unlawful attempt” by the OCC to “facilitate predatory lending” and support “rent-a bank schemes.”. The OCC anticipated and refuted many of the Complaint’s allegations in the Supplementary Information published with the final Rule.

District of Columbia 78

District of Columbia North Carolina New York Policies 78

PYMNTS

SEPTEMBER 14, 2020

Every year, more than a million new sellers join Amazon. It’s a world where the parent company has such as tight rein that one step out of the guidelines and regulations can merit a devastating suspension. And it’s a world where a new competitor, or even a dozen of them, can pop up overnight.

Capital 214

Capital Long Beach Branding Guidelines 214

CFPB Monitor

NOVEMBER 12, 2018

The DOJ’s complaint alleged that it launched an investigation into Hudson Valley’s repossession practices after learning of two private lawsuits filed in the Southern District of New York by servicemembers who claimed that Hudson Valley repossessed their vehicles in violation of the SCRA.

Guidelines 60

Guidelines United States New York Training 60

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

Independent Banker

DECEMBER 13, 2015

Competition and regulatory risk in car lending race off. Vehicle loan originations reached almost $120 billion during the second quarter of 2015, states the New York Fed’s Household Debt and Credit Report. Indirect auto lending has played a major role for Security Federal Savings Bank in Jasper, Ala. By Howard Schneider.

Community Bank 70

Community Bank Lending Community Security 70