ABI Blog Exchange

2020-12-30
The latest cyberattacks pointing to the Russian government show that U.S. federal agencies and banks still lack a clear, collaborative game plan.

Read More from: BankThink

2020-12-30
   The Southern District of Florida case affirmed Judge Cristal in Miami finding that the debtor could not claim a homestead exemption in property bequeathed to  them during the chapter 13 case, when they subsequently converted to chapter 7.  R

Read More from: Tampa Bankruptcy

2020-12-30
The charity was hit hard by the pandemic and the death of its CEO early in the year, but the nonprofit hopes to bounce back in 2021, thanks in part to a long history of working closely with credit unions.

Read More from: BankThink

2020-12-30
The National Credit Union Administration juggled several challenges this year beyond the pandemic recession, including an inspector general's report about alleged misconduct by two former employees and criticism that board members had lost their o

Read More from: BankThink

2020-12-29
The switch to Thomas Cangemi from longtime CEO Joseph Ficalora could foreshadow a push to curtail the company’s reliance on multifamily lending and the pursuit of a bank acquisition that lowers funding costs.

Read More from: BankThink

2020-12-29
Government officials and many bankers remain wary of digital currencies, but they'll have to learn to live with them.

Read More from: BankThink

2020-12-29
Chris Maher recently unloaded loans hurt by the coronavirus shock, convinced he was freeing the New Jersey company of baggage that could impede a large M&A deal. This assertive move makes him one of our community bankers to watch in 2021.

Read More from: BankThink

2020-12-29
Eleven Democrats on the Financial Services Committee have asked the heads of the Treasury Department and IRS to eliminate service charges tied to debit cards used to distribute COVID-19 relief.

Read More from: BankThink

2020-12-29
Foreclosures around the country jumped during October, with Alabama foreclosures near the top of the nation. 

Read More from: Bonds & Botes, P.C.

2020-12-29
The Securities and Exchange Commission last week accused Ripple of breaking securities laws, raising questions about the future of banks' ties with the company.

Read More from: BankThink

2020-12-29
Last year, the Pennsylvania Credit Union Association and the New Jersey Credit Union League merged to form the CrossState Credit Union Association, and now the foundations of the two groups are combining.

Read More from: BankThink

2020-12-29
Bankruptcy debtors with delinquent utility bills got a measure of protection from interruption in their service under an amendment to the Bankruptcy Code in the omnibus spending bill enacted December 27,2020.

Read More from: Bankruptcy Mastery

2020-12-29
The new legislation includes a provision sparing lenders from having to pay such fees on Paycheck Protection Program loans, except in cases where they agree in advance with borrower representatives to do so.

Read More from: BankThink

2020-12-29
Jay Neathery has taken over for Chris McCreary, who stepped down as president of the institution but is staying on as executive vice president.

Read More from: BankThink

2020-12-29
Treasury Secretary Steven Mnuchin approved the extension of the Main Street Lending Program, which offers loans to midsize companies affected by the pandemic, to Jan. 8.

Read More from: BankThink

2020-12-29
The Consumer Financial Protection Bureau is headed for more disruption in the new year with a Democratic administration likely to reverse several GOP-backed policies.

Read More from: BankThink

2020-12-29
On December 27, 2020, VTES, Inc., maker of advanced transportation-systems software, filed a petition for relief under subchapter V of cha
2020-12-29
On December 27, 2020, VTES, Inc., maker of advanced transportation-systems software, filed a petition for relief under subchapter V of cha
2020-12-29
On December 28, 2020, 203 W 107th Street LLC filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court
2020-12-29
On December 28, 2020, 203 W 107th Street LLC filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court