2021-03-08
Nonbanks had worried the end of the Paycheck Protection Program Liquidity Facility would hurt their ability to lend to small businesses. On Monday, the Federal Reserve announced the facility would be extended for three months.
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2021-03-08
PayPal Holdings Inc. said it will acquire the cryptocurrency firm Curv as it seeks to beef up its talent pool for handling digital currencies.
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2021-03-08
In "Democracy Declined," Duke public policy professor Mallory SoRelle argues that policymakers should be more aggressive in combating unfair lending practices.
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2021-03-08
On March 7, 2021, Medley LLC, a New York, NY-based financial services company, filed a petition for relief under Chapter 11 of the Bankrupt
Read More from: Bankruptcy and Restructuring Law Monitor
2021-03-08
On March 7, 2021, Medley LLC, a New York, NY-based financial services company, filed a petition for relief under Chapter 11 of the Bankrupt
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2021-03-08
Labor said it’s satisfied with the changes the bank has made to hire more Black managers; the exit of nine senior executives reflects the move away from a partnership approach.
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2021-03-08
Stephen Calk, who is scheduled to face trial in June on bribery charges, allegedly reversed course on whether to make a multimillion-dollar loan to Trump’s campaign chairman following the then-president-elect’s surprise victory in November 2016.
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2021-03-08
Lending slowed, credit allowances mounted and return on assets as well as other performance ratios weakened, according to year-end figures from the credit union regulator.
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2021-03-07
Some applaud the agency's recent delay of the mandatory compliance date for a new Qualified Mortgage standard.
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2021-03-06
Proposed changes to bankruptcy laws could help struggling familiesTags: 5 On Your Side, bankruptcy, consumerPosted February 26, 2021 5:25 p.m. ESTUpdated February 26, 2021 5:46 p.m.
Read More from: NC Bankruptcy Expert
2021-03-06
Abstract: The law of data breaches is new, dynamic, and evolving. The number and complexity of breaches increases each year and legal scholars, courts, and policymakers scramble to respond.
Read More from: NC Bankruptcy Expert
2021-03-06
Executive Summary: In 2020, those who have fallen behind at least three months on their mortgage increased 250 percent to over 2 million households, and is now at a level not seen since the height of the Great Recession in …
Read More from: NC Bankruptcy Expert
2021-03-06
Summary: The Debtor owns a 2012 Clayton mobile home which she acquired approximately 507 days prior to filing bankruptcy. Arguing that the Hanging Paragraph of 11 U.S.C. § 1325(a)(5) allowed the cram-down of any thing of value other than a …
Read More from: NC Bankruptcy Expert
2021-03-06
Summary: Mortgage Servicers argued that the bankruptcy court was limited to submitting proposed findings of fact and conclusions of law to the district court for de novo review unless the parties consent to the bankruptcy court hearing and determi
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2021-03-05
The Dallas company has given Summer Faussette, an external affairs executive, the additional role of national African American business development manager, with a special focus on networking with nonprofit organizations.
Read More from: BankThink
2021-03-05
Banks lobby Congress to postpone PPP deadline; Biden’s CFPB nominee puts loan servicers, credit bureaus on notice; commercial real estate lenders worry office workers won’t come back; and more from this week’s most-read stories.
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2021-03-05
The crime of vehicular homicide can be complicated even more so by an accusation of the driver being under the influence of alcohol or drugs during the time that the crime was committed.
Read More from: Young, Marr & Associates
2021-03-05
The fintech will help these consumers set aside money in a tax-advantaged savings account that won’t jeopardize federal benefits tied to income.
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2021-03-05
A big funding source for the Paycheck Protection Program is set to expire on March 31. Its demise would pinch nonbanks that are originating and buying loans, especially if Congress continues the PPP beyond this month.
Read More from: BankThink