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
2021-02-27
Abstract: In Whitlock v. Lowe (In re Deberry) (5th Cir.
Read More from: NC Bankruptcy Expert
2021-02-26
Substituting Bankruptcy For Other Options: Is It Viable?
What Are The Alternatives To Filing For Chapter 7 Or Chapter 13 Bankruptcy?
Read More from: My AZ Lawyers
2021-02-26
Biden plan to help smallest PPP applicants has drawbacks, banks warn; CFPB goes on hiring spree as it looks to ramp up enforcement; seeing if HSBC’s patience on fate of U.S.
Read More from: BankThink
2021-02-26
Michael Corbat’s departure comes as Citigroup is facing fresh scrutiny from regulators about its underlying technology and internal controls, work that will continue on incoming CEO Jane Fraser’s watch.
Read More from: BankThink
2021-02-26
Going green takes time, so lenders need to start revamping entire business relationships now, according to one sustainability-focused nonprofit.
Read More from: BankThink
2021-02-26
Rohit Chopra, President Biden’s nominee to lead the Consumer Financial Protection Bureau, has not minced words in calling out private companies for wrongdoing.
Read More from: BankThink
2021-02-26
The regulator issued a prohibition order to Joseph Guagliardo, who admitted to taking more than $400,000 from the New York City-based institution over the course of nearly a decade.
Read More from: BankThink
2021-02-26
Ingenious Financial in Arlington, Va., is raising $200 million in hopes of buying an existing bank. Bank of Ingenious would focus on professionals such as doctors, dentists and veterinarians.
Read More from: BankThink
2021-02-26
Bank of America will book a $400 million expense in the first quarter to account for a change in bonus policies that sparked anger among high earners.
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2021-02-26
Members of two smaller institutions will soon vote on whether to join South Carolina-based REV, boosting its assets by 15% and giving it a foothold in North Carolina.
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2021-02-26
Detecting business dealings with banned parties means screening a maze of transactions, and Treasury’s Office of Foreign Assets Control supports calls for the industry to take a risk-based approach.
Read More from: BankThink
2021-02-26
If you’re drowning in debt, filing for bankruptcy may be the best solution for getting your finances back on track. You may wonder, however, what type of bankruptcy is right for you.
Read More from: Levitt & Slafkes LLC
2021-02-26
The bank, formed in 2019 when investors bought and recapitalized Sound Bank, will use the funds to hire lenders and improve its overall infrastructure.
Read More from: BankThink
2021-02-26
The California company said the issue involves a line of credit it funded earlier this year and that it is working with law enforcement authorities on the matter.
Read More from: BankThink