2020-12-31
On December 27, 2020, President Donald Trump signed into law the Consolidated Appropriations Act, 2021 (the 2021 Consolidate
Read More from: Bankruptcy and Restructuring Blog
2020-12-31
During 2020, our society has been faced with an economic crisis, health crisis, social justice crisis and environmental crisis.
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2020-12-31
The typical scenario in which this arises is that you will be notified by the police that there is a warrant out for your arrest. In this situation, your next move is crucial – sit and wait, and the warrant will remain active, and in the event yo
Read More from: Young, Marr & Associates
2020-12-31
Challenger banks aimed at Blacks, Hispanics, immigrants and other underserved groups are offering financial education and support for charities in addition to basic banking services.
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2020-12-31
The regulator's order moves the San Francisco-based company one step closer to becoming the first online lender to own a bank.
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2020-12-31
In December, the National Credit Union Administration barred the individuals from working in the financial services sector for taking money from their institutions for personal use.
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2020-12-31
The 11th Circuit has chimed in on the fairly unusual procedure of granting retroactive relief from the automatic stay to permit otherwise prohibited conduct in Baker v. Bank of America, N.A., 2020 U.S. App. LEXIS 40615, Case No.
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2020-12-31
The New Canaan, Conn., company said it will record a pretax expense of $3.9 million in the fourth quarter related to branch and office closings, severance payments and the end of a vendor contract.
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2020-12-31
From dealing with a flood of deposits to working with examiners virtually, credit unions were forced to quickly adapt to a new normal after the pandemic hit. Here's a look at some of the biggest changes and challenges they faced.
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2020-12-30
Bank regulators traditionally steer clear of more divisive debates in a polarized Washington.
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2020-12-30
The agency said Omni Financial in Las Vegas illegally required service members to designate a portion of their paychecks to repay loans, depriving of them of other payment options.
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2020-12-30
The Consumer Financial Protection Bureau is giving the credit card issuer and the fintech firm some regulatory latitude to develop specific new products.
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2020-12-30
Several consumer advocacy organizations have urged the Office of the Comptroller of the Currency to deny the online lender's application for a national bank charter, citing concerns about its lending and debt-collection practices.
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2020-12-30
Remote online notarization helped originators close loans amid social distancing measures, but complex local laws remain a barrier to its widespread use.
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2020-12-30
An impasse over pandemic relief checks for Americans is holding up an override of President Trump's veto of a bill shifting beneficial-owner requirements from banks to their commercial clients.
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2020-12-30
Triad Business Bank opened in North Carolina shortly before the launch of the Paycheck Protection Program, which brought in many clients.
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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.
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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.
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