2020-07-01
On June 9 the Consumer Financial Protection Bureau (CFPB) published a Factsheet on how to disclose title insurance on the Loan Estimate and Closing Disclosure, including when a negative owner’s title insurance cost disclosure is appropriate, and u
Read More from: Bankruptcy and Restructuring Blog
2020-07-01
Q: When it comes to the economic strain caused by COVID-19, what are some basic things I should know about business bankruptcy?
Read More from: Bernstein-Burkley, P.C.
2020-07-01
The bank is rethinking its plans for bringing back workers in Texas, Florida and other states where new coronavirus cases are surging.
Read More from: BankThink
2020-07-01
Jelena McWilliams explains the agency's decision to enlist the help of tech innovators to modernize a reporting process that the coronavirus epidemic has exposed as outdated.
Read More from: BankThink
2020-07-01
In a letter to Director Mark Calabria, 17 organizations requested an additional 60 days to weigh in on the proposal meant to strengthen Fannie Mae and Freddie Mac's balance sheets post-conservatorship.
Read More from: BankThink
2020-07-01
Mesaba, which is also based in Minnesota, is the parent of American Bank of the North and Lake Bank.
Read More from: BankThink
2020-07-01
June 29, 2020Marketplace
Many economists and bankruptcy lawyers expect a wave of bankruptcies coming this year.
Read More from: Shenwick & Associates
2020-07-01
Wei Ke, partner at Simon-Kucher & Partners, shares research and analysis from a recent consumer survey on branch versus digital banking behaviors after the coronavirus lockdowns are over.
Read More from: BankThink
2020-06-30
The extension to Aug. 8 was offered by Senator Ben Cardin, a Maryland Democrat, and cleared the chamber by unanimous consent. The House has yet to take up the bill but could pass it as soon as Tuesday night.
Read More from: BankThink
2020-06-30
Reading Cooperative Bank recently launched a program that aims to hire young Black and Hispanic adults from low-income communities.
Read More from: BankThink
2020-06-30
Federal Reserve Chairman Jerome Powell said about 300 lenders have signed on to the program and that the central bank is committed to making adjustments that could attract more borrowers.
Read More from: BankThink
2020-06-30
Chris Dodd and Barney Frank said the legislation — nearing its 10th anniversary — put banks in position to be a stabilizing force during the coronavirus crisis.
Read More from: BankThink
2020-06-30
Six of the eight regional banks that announced their stress capital buffers on Tuesday said they will need just a 2.5% cushion to weather an economic downturn. All eight said they’ll keep their dividends steady.
Read More from: BankThink
2020-06-30
Lenders are selling their Paycheck Protection Program loans or hiring outside companies to navigate the process in an effort to reduce risk and avoid overloading their employees.
Read More from: BankThink
2020-06-30
The New York State Department of Financial Services issued a letter Tuesday reminding lenders of amendments to the state's Community Reinvestment Act, under which banks are evaluated on how they meet the credit needs of businesses owned by women a
Read More from: BankThink
2020-06-30
Banks are using emotion AI, which picks up subtle signals over text, audio and video, to help their customer service agents do their jobs better.
Read More from: BankThink
2020-06-30
Early on in the COVID-19 pandemic the New Jersey courts placed a hold on the entry of final judgments of foreclosure.
Read More from: Levitt & Slafkes LLC