2021-01-13
Brian Brooks may be remembered as one of the most controversial interim regulatory chiefs in recent memory, taking positions on the pandemic response, fintechs’ banking ambitions and other issues that won him supporters and critics alike.
Read More from: BankThink
2021-01-13
U.S. economic activity increased modestly at the end of 2020 while hiring slowed amid resurgent infections and new restrictions, even as vaccinations got underway, the Federal Reserve said.
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2021-01-13
The online installment lender is the latest consumer-focused tech company to see its stock price soar on the first day of trading.
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2021-01-13
The nation's third-largest credit union saw a huge lending spike in 2020, especially in its mortgage division, while membership grew by 159%, thanks in part to merger activity.
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2021-01-13
First Bank in New Jersey, Northeast Bank in Maine and others have warmed to the idea of using software to streamline Paycheck Protection Program lending so that employees can be more hands-on with customers.
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2021-01-13
A co-founder of Anchorage Trust Co. said its digital bank, which will not take insured deposits, will enable the company to strengthen partnerships with financial institutions that offer custody services for clients’ cryptocurrency assets.
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2021-01-13
The pace of forgiveness for Paycheck Protection Program loans is expected to accelerate when the Small Business Administration issues guidance on additional steps meant to streamline the process.
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2021-01-13
In short, the answer is: “PROBABLY NOT!” Under current Pennsylvania law, police can now no longer search a vehicle unless they have two (2) things: probable cause AND exigent circumstances.
Read More from: Young, Marr & Associates
2021-01-13
Jamie Dimon said the reason JPMorgan Chase paused donations from its political action committee is to give the biggest U.S. bank time to reevaluate how it contributes to campaigns following last week's deadly siege on the Capitol.
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2021-01-13
On January 1, 2021, California’s homestead exemption grew from a prior low of $75,000 to a minimum of $300,000, to as much as $600,000, depending on county wide home prices.
Read More from: Bankruptcy Mastery
2021-01-13
The Small Business Administration will allow lenders with less than $1 billion of assets to process applications in two days. The portal will open to all lenders on Tuesday.
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2021-01-13
A new amendment was recently enacted in Michigan whi
Read More from: Michigan Bankruptcy Blog
2021-01-13
A new amendment was recently enacted in Michigan whi
Read More from: Michigan Bankruptcy Blog
2021-01-13
In the pandemic age, banks are getting creative in a bid to keep affluent customers.
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2021-01-13
Several financial tech companies that applied to become national banks are seeking exemptions from many provisions of the Community Reinvestment Act.
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2021-01-13
After calling off its bid to buy the data aggregator Plaid, the card network is shifting its focus back to its role as an enabler of digital payments and related services.
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2021-01-13
Driver Management will try for a second straight year to gain a board seat at First United.
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2021-01-13
The company said it would have eventually prevailed against the DOJ’s antitrust suit; the Ohio senator says the panel will focus on climate change and housing issues.
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2021-01-13
A Democratic majority in Washington may help advance a number of key legislative issues for the industry, such as passage of a national data security standard. However, it could also lead to a renewed focus on consumer protection laws.
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2021-01-12
Commercial real estate portfolios have held up better than expected during the pandemic. But rising delinquencies and fears of a delayed economic recovery are renewing questions about credit quality.
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