CFPB Monitor
FEBRUARY 3, 2022
Court of Appeals for the Third Circuit recently ruled that the application of Pennsylvania usury laws to vehicle-secured loans made to Pennsylvania residents who travel outside of Pennsylvania to obtain such loans does not violate the Commerce Clause of the U.S. Constitution. In TitleMax of Delaware, Inc.
CFPB Monitor
OCTOBER 4, 2022
The key allegations in the DOJ’s complaint are the following: During the relevant time period (2015-2021), the Newark, New Jersey-Pennsylvania Metro Division (Newark MD) as delineated in 2015 included Essex, Somerset, Union, Sussex, and Morris counties in New Jersey (Newark Lending Area). unlikely to be caused by chance) and sizeable.
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Jeff For Banks
OCTOBER 3, 2015
Glenn Moyer, the former Secretary of the Pennsylvania Department of Banking and Securities (pictured), spoke at a banking industry event this past week. Imagine an examiner coming into the next exam to find that you suddenly entered into reverse mortgage lending and the portfolio has grown faster than all others.
PYMNTS
JULY 21, 2020
Meanwhile, Wirecard is seeking buyers for its European operation and Wirecard Bank, its lending operation, Reuters sources said. in Pennsylvania, a company that is separate from Wirecard AG, hired an investment bank to manage its sale. Late last month, Wirecard North America Inc.
Abrigo
JANUARY 15, 2015
In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending. • Pittsburgh, Pennsylvania – Dollar Bank ($3.97 Another home lending specialist, about 61 percent of the bank’s total assets ($1.56
American Banker
FEBRUARY 17, 2021
The move will force the Pennsylvania company to report a bigger loss for its fiscal fourth quarter and restate its annual report with the Securities and Exchange Commission.
Jeff For Banks
APRIL 4, 2010
And so it went in Hallstead, growing gradually, as towns tended to do in rural Pennsylvania, with bank loans funded by local depositors supporting the growth. They take deposits from us and our neighbors, and lend it to us and our neighbors. Please do not claim to invest in any security based on what you read here.
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