ABI Blog Exchange

2021-02-09
Homeowners still deferring payments on federally backed loans as of Feb. 28 will be permitted to request an additional three months of relief.

Read More from: BankThink

2021-02-09
The Federal Reserve’s Main Street Lending Program, which was designed to provide emergency support to midsize U.S.

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2021-02-09
HoldCo Asset Management wrote in a letter to the Boston company's chairman that it also wants the board to consider share repurchases to improve shareholder value.

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2021-02-09
Mastercard and MetaBank are helping the earned wage access provider Clair overhaul its technology platform and service offering.

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2021-02-09
The combined institution will hold assets of more than $335 million and serve over 20,000 members across eight counties in Oregon.

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2021-02-09
Previously head of corporate and investment banking in the Americas, Cronin will replace Stephen Cummings as president and CEO of Mitsubishi UFJ Financial Group's U.S. holding company, as well as its San Francisco-based bank.

Read More from: BankThink

2021-02-09
Banks and nonbanks are expected to vie for more commercial business this year, and nonbanks already have signaled a willingness to ease lending standards in order to win business.

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2021-02-09
Wells Fargo is opting to keep its private-label credit card unit after reaching out to potential buyers last year, according to a person with knowledge of the matter.

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2021-02-09
Fraudsters have increasingly targeted financial services, online dating sites and social media since the end of the holiday season.

Read More from: BankThink

2021-02-09
Richard Daugherty stepped down after more than three decades at the Maryland-based institution, including overseeing four mergers and asset growth of nearly 500%.

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2021-02-09
   In an analysis of the Florida exemption laws and exceptions to such laws, Judge Vaughan dismissed adversary proceedings against two debtors (a husband and spouse) in separate bankruptcy cases.  Roberts v.

Read More from: Tampa Bankruptcy

2021-02-09
On February 8, 2021, creditors filed an involuntary petition against Navient Solutions, LLC, the servicing arm of Navient Corporation, which manages nearly $300 billion in student loans for more than 12 million debtors after its 2014 split from Sa
2021-02-09
On February 8, 2021, creditors filed an involuntary petition against Navient Solutions, LLC, the servicing arm of Navient Corporation, which manages nearly $300 billion in student loans for more than 12 million debtors after its 2014 split from Sa
2021-02-09
Tom Rachael, who has led the Muncy, Pa.-based institution since 2003, will be succeeded by Scott Naughton, who is new to credit unions but has extensive experience in the financial services sector.

Read More from: BankThink

2021-02-09
The department of financial services will grant credit under the state's community reinvestment law to New York-chartered banks and credit unions that finance projects aimed at helping low-income communities better adapt to a warming world.

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2021-02-09
On February 8, 2021, Anglin Cultured Stone Products LLC, a Delaware-based construction company, filed a petition for relief under Chapter
2021-02-09
On February 8, 2021, Anglin Cultured Stone Products LLC, a Delaware-based construction company, filed a petition for relief under Chapter
2021-02-09
The auto company said it bought $1.5 billion of the digital currency and plans to accept it for purchases; but the two top contenders share similar views on racial inequality in banking.

Read More from: BankThink