2021-01-14
The FHFA and Treasury will allow Fannie Mae and Freddie Mac to hold more capital as part of the Trump administration's plans to release the companies from conservatorship.
Read More from: BankThink
The Save Our Stages Act – Time for Eligible Businesses to Get Ready for Their Audition (Part 2 of 2)
2021-01-14
This client alert is the second of a two part series concerning the Save Our Stages Act (the “SOS Act”), which became law on December 27, 2020 as Section 324 of the Economic Aid to Hard-Hit Small Business, Nonprofits, and Venues Act (the “
Read More from: Bankruptcy and Restructuring Blog
2021-01-14
The National Credit Union Administration and the Consumer Financial Protection Bureau will hold strategy sessions and share information tied to consumer protections at institutions with more than $10 billion of assets.
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2021-01-14
The Supreme Court decided that a creditor which passively retains possession of estate property does not "exercise control" over such property in viol
Read More from: A Texas Bankruptcy Lawyer's Blog
2021-01-14
A sponsorship deal between the regional bank and the league will emphasize economic empowerment and financial education. It's a good example of how corporations increasingly seek to associate their brands with a cause or purpose, experts say.
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2021-01-14
Loan originations hit a record $16.7 billion in the fourth quarter, though executives caution that a recent rise in mortgage rates could slow refinancing activity.
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2021-01-14
Branch has been with WOCCU for 31 years, the last 10 of them spent as CEO.
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2021-01-14
The project will deploy $20 million as secondary capital to expand economic relief and financial inclusion, and follows a $1 million project last summer aimed at helping low-income consumers in Rust Belt cities.
Read More from: BankThink
2021-01-14
A slower-than-expected rollout of the COVID-19 vaccines and the threat of social unrest after the Jan. 6 riot at the U.S. Capitol could threaten the recovery, according to an American Bankers Association panel.
Read More from: BankThink
2021-01-14
Diane Arnold, who will succeed the retiring Gregory Shook in July, has been with the bank since 2002. She is currently the chief lending officer.
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2021-01-14
The deal is a sign of further consolidation among Twin Cities-area credit unions, following another combination announced in May.
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2021-01-14
The Office of the Comptroller of the Currency finalized a rulemaking Thursday morning opposed by the industry that forces the largest banks to provide services to gun businesses and other sectors to which banks have curtailed lending.
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2021-01-14
On January 13, 2021, Christopher & Banks, Inc., a Minnesota-based specialty retailer for women who value quality, affordable stylish apparel, accessories and exceptional service, filed a petition for relief under Chapter 11 of the Bankruptcy C
Read More from: Bankruptcy and Restructuring Law Monitor
2021-01-14
On January 13, 2021, Christopher & Banks, Inc., a Minnesota-based specialty retailer for women who value quality, affordable stylish apparel, accessories and exceptional service, filed a petition for relief under Chapter 11 of the Bankruptcy C
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2021-01-14
Goldman Sachs will work with the digital-payments upstart Marqeta on offering checking accounts for Main Street consumers.
Read More from: BankThink
2021-01-14
The bank agreed to acquire A Mortgage Boutique, which operates in six states.
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2021-01-14
The online lender founded by Renaud Laplanche is now a full-fledged challenger bank that can offer generous checking terms because, it says, it can count on its loans for profits.
Read More from: BankThink
2021-01-14
The bank is combining its wealth management units to serve both the ultrarich and the less affluent; the small business loan program will open to all borrowers on Tuesday.
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