2020-05-20
People ask, “what’s involved in chapter 7 personal bankruptcy case?” Here’s a practical answer:
Read More from: Wayne Greenwald, P.C.
2020-05-19
Lenders are scrambling to pause ranchers’ loan payments as meat processing plant shutdowns during the pandemic threaten $25 billion in losses for the livestock industry.
Read More from: BankThink
2020-05-19
The final regulation will significantly revise a December proposal, responding to concerns from stakeholders. Meanwhile, in a surprising move, the regulator who had championed the reforms is expected to resign this week.
Read More from: BankThink
2020-05-19
On May 15, 2020, the U.S. Department of Treasury (Treasury) and U.S.
Read More from: Bankruptcy and Restructuring Blog
2020-05-19
The memo from CEO Michael Corbat acknowledged the challenges many employees have faced working remotely during the coronavirus outbreak while taking care of family members and home-schooling their children.
Read More from: BankThink
2020-05-19
The lender will pay $65 million in restitution and forgive nearly $500 million in auto debt to settle charges that it steered subprime borrowers into risky loans.
Read More from: BankThink
2020-05-19
Nearly 4 million households that were to be mailed paper checks will instead receive their pandemic relief aid via prepaid debit cards issued by MetaBank.
Read More from: BankThink
2020-05-19
Director Mark Calabria, who abandoned the Fannie and Freddie capital proposal written by his predecessor, said he expects a revised framework to be ready “very soon.”
Read More from: BankThink
2020-05-19
Ten weeks after his emergency procedure, the longtime CEO told shareholders Tuesday that he's in good health and will not be stepping down anytime soon.
Read More from: BankThink
2020-05-19
Members of the Banking Committee pressed the Treasury secretary and Fed chief to ensure CARES Act funds are deployed as Congress intended. They also debated the need for more stimulus to ease the economic effects of the coronavirus.
Read More from: BankThink
2020-05-19
From: KiplingerBy: Diane Davis, Contributing WriterMay 15, 2020
Read More from: Shenwick & Associates
2020-05-19
Congress should pass legislation authorizing use of nontraditional data sources to make credit more available to consumers who’ve taken a hit from the coronavirus pandemic.
Read More from: BankThink
2020-05-19
The Texas bank is leaning on solutions from Lightico and MANTL to quickly set up accounts and handle loans when customers can’t sign documents in person because of the coronavirus emergency.
Read More from: BankThink
2020-05-19
This podcast is very personal to me. I have known Larry Guggino since both of us were about 19 years old. Larry and I were
Read More from: Bonds & Botes, P.C.
2020-05-19
The company's new service is intended to help small banks share account data while avoiding screen scraping.
Read More from: BankThink
2020-05-19
The Federal Housing Finance Agency clarified that borrowers with Fannie Mae- or Freddie Mac-backed mortgages who have entered into forbearance plans can be eligible for a refi or new purchase once they are considered “current” on their mortgage.
Read More from: BankThink
2020-05-19
Tilman Ehrbeck, managing partner at Flourish Ventures, a mission-driven venture capital firm that spun out of the Omidyar Network last year, explains how startups like Summer, Propel, Steady and Cushion are helping people cope with debt and cash f
Read More from: BankThink