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CRE risk management: Navigating hazards and opportunities

Abrigo

Critical capital Should CRE lending be off the table? Recent headlines may lead bankers to believe that shunning commercial real estate lending is the safest path to limit or avoid credit risk, given stresses on CRE and regulatory concerns. But that might not be the best move for your financial institution or your community.

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FTC settles lawsuit against car dealer alleging discriminatory pricing practices

CFPB Monitor

The FTC recently announced a settlement of its lawsuit filed in a New York federal district court against a New York City car dealership and its individual general manager in which the FTC alleged that the defendants discriminated against African-American and Hispanic car buyers and engaged in other illegal business practices.

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The ICBA 22/23 executive committee is all in

Independent Banker

We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. At-large director Jill Sung (not pictured), President and CEO, Abacus Federal Savings Bank, New York City. Their insights are critical to the path we chart for this great industry.”.

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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

It was another busy week for Finovate alums with six raising new funds: StreetShares raised $4.5 million for its P2P lending platform for small businesses. Alt-lender focused on lending against existing automobile titles. P2P real estate lending marketplace. Peer-to-peer lending marketplace. SmartAsset raised $3.8

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Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Labs Insights

HQ: New York City. Lending marketplace targeting Hispanic-owned small businesses. HQ: Buffalo, New York. HQ: New York City. Tags: SMB, savings accounts, tax, Lincoln Savings Bank (partner). Source: Crunchbase. Bread Finance. Unsecured consumer financing of purchases. Mobile bank.

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Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 Billion

Fintech Labs Insights

HQ: New York City. HQ: New York City. HQ: Oklahoma City. HQ: New York City. Tags: Enterprise, lending, insurance, risk management, underwriting. Source: TechCrunch. Alt-lender to small businesses. HQ: Atlanta, Georgia. Latest round: $135 million at $1 billion valuation.

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Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

Marketplace small business lending platform. Income tax service. HQ: New Delhi, India. HQ: New York City. Tags: Consumer, lending, credit, underwriting, healthcare, payments, insurance. Fintech deals by size from 23 April to 29 April 2016: Mosaic. Marketplace lender for residential solor projects.