2020-06-10
On June 4 the Consumer Financial Protection Bureau (CFPB) issued proposals to address issues arising from the required transition away from the London Interbank Offered Rate (LIBOR) scheduled for the end of 2021. LIBOR has been widely used as a b
Read More from: Bankruptcy and Restructuring Blog
2020-06-10
On 8 June, 2020 the 5th Circuit ruled against the chapter 13 Trustee on a matter a number of trustee's are asserting in plans proposing 100% to unsecured creditors. Brown v. Viegelahn, 2020 U.S. App.
Read More from: Tampa Bankruptcy
2020-06-10
Accountants, as well as lawyers and consultants, who helped small businesses apply for emergency relief funds through the Paycheck Protection Program want to be compensated. Are they entitled to be?
Read More from: BankThink
2020-06-10
A blueprint that includes more CRA and tax credits for lower-income African Americans would help a demographic disproportionately harmed by the coronavirus pandemic.
Read More from: BankThink
2020-06-10
Subchapter V (New Bankruptcy law subchapter) and Who May be a Debtor?
Read More from: Shenwick & Associates
2020-06-10
Johnson is exiting the state with the sale of the four locations.
Read More from: BankThink
2020-06-10
Bracing for the next phase of the coronavirus recession: Bankruptcies
June 9, 2020
Read More from: Shenwick & Associates
2020-06-10
The group behind NewBank is pursuing a charter with the Office of the Comptroller of the Currency to offer banking services nationwide.
Read More from: BankThink
2020-06-10
Small businesses that took out the loans will soon be applying for forgiveness; U.S. Secretary of State Pompeo and one of HSBC's large investors criticized the bank for buckling to Chinese pressure.
Read More from: BankThink
2020-06-10
The operative TILA sections for this discussion are § 1635 and § 1640.
Read More from: Krieg DeVault
2020-06-09
Leaders of companies including Citizens, Comerica and Truist offered more upbeat assessments of loan demand and credit quality than they have in recent weeks.
Read More from: BankThink
2020-06-09
Flush with capital from the sale of its stake in BlackRock, PNC is willing to go big on an acquisition but would be wary of buying a bank with a heavy concentration of consumer loans, CEO William Demchak said.
Read More from: BankThink
2020-06-09
Unlike in previous years, the results from two different evaluations will be released simultaneously and will include an assessment of bank capital under coronavirus-related scenarios.
Read More from: BankThink
2020-06-09
Some lawmakers fear that when forbearance plans and enhanced unemployment coverage expire, the consequences for mortgage borrowers still affected by the pandemic will be severe.
Read More from: BankThink
2020-06-09
Activity in the Paycheck Protection Program has slowed in recent weeks, but Customers Bancorp and Fountainhead Capital continue to pursue loans aggressively in hopes of developing long-term borrower relationships.
Read More from: BankThink
2020-06-09
Customers are turning to search engines and business portals to find out if their bank is open before checking the bank’s own website. Maintaining accurate information across the web has become even more important during the pandemic.
Read More from: BankThink
2020-06-09
A proposed piece of COVID-19 relief legislation could have major implications for California lenders and servicers, particularly in the mortgage lending industry, if passed into law.
Read More from: Bankruptcy and Restructuring Blog