ABI Blog Exchange

2021-03-01
The bank’s new holding company, Amalgamated Financial Group, is the first publicly traded financial services company to become a public benefit corporation.

Read More from: BankThink

2021-03-01
The bank's purchase of Sodak Home Loans in Sioux Falls, S.D., adds to a string of bank deals for mortgage lenders this year.

Read More from: BankThink

2021-03-01
The pandemic is likely to dominate the discussion during CUNA’s online Governmental Affairs Conference, but perennial issues such as the industry’s tax exemption will also be spotlighted.

Read More from: BankThink

2021-03-01
Four former employees and several clients of Washington Federal Bank for Savings face charges of falsifying records to conceal the embezzlement of $31 million prior to the bank's December 2017 collapse.

Read More from: BankThink

2021-03-01
In an analysis of the pandemic's impact on the housing market, the agency said nearly 10% of households could be at risk of eviction or foreclosure despite government programs to enable homeowners to delay their payments.

Read More from: BankThink

2021-03-01
While JPMorgan Chase’s chief executive would like the bank’s employees to get the COVID-19 vaccine, he said it’s unlikely to require the shots at least for now.

Read More from: BankThink

2021-03-01
The company is emphasizing the software interoperability of the service it's launching that caters to banks, which are making huge investments in cloud computing.

Read More from: BankThink

2021-03-01
Turnaround times on loans in the 504 program are stretching out for weeks as the Small Business Administration grapples with a spike in applications and responsibilities tied to the Paycheck Protection Program.

Read More from: BankThink

2021-02-28
Posted by Kathy Bazoian Phelps 

Read More from: The Ponzi Blog

2021-02-28
Community banks, which for years have relied heavily on commercial real estate lending, have been tightening underwriting standards, conducting more-frequent loan reviews and stepping back from certain subsectors to minimize their credit exposure.

Read More from: BankThink

2021-02-28
Already contending with stressed retail, hotel and restaurant loans, bankers are beginning to view office lending — historically a safe bet — as increasingly risky as companies of all types rethink their space needs.

Read More from: BankThink

2021-02-28
Abstract:The federal student loan program is a disaster. Over five million people are in default even though Congress provides all borrowers with the right to affordable payments and to discharge of borrowers’ debts in specific circumstances.

Read More from: NC Bankruptcy Expert

2021-02-28
Questions about the fairness of the current credit reporting system have recently started to take new prominence with the National Consumer Law Center releasing a report The Credit Score Pandemic Paradox and Credit Invisibility and blog posts on C

Read More from: NC Bankruptcy Expert