ABI Blog Exchange

2020-05-22
When a bank subscriber to Sure Profile pulls a credit report on an applicant for a loan or account, Experian will check to see if the identity data matches a real person.

Read More from: BankThink

2020-05-22
Some lenders are issuing debt and preferred stock to provide an extra buffer for credit losses. Others are preparing for growth opportunities.

Read More from: BankThink

2020-05-22
Companies that received funding from the Paycheck Protection Program in early April can start to submit forgiveness applications at the end of May.

Read More from: BankThink

2020-05-22
If the agency hadn’t revised the 1977 law now, nothing would be done for communities in need that are struggling even more in the coronavirus pandemic, writes Faith Bautista, CEO of the National Diversity Coalition.

Read More from: BankThink

2020-05-22
The second-quarter jump in provisions may be three to four times higher than a year earlier and will be mostly for loans that have yet to go bad, analysts said.

Read More from: BankThink

2020-05-22
Many Americans are concerned about the high cost of care if we get seriously ill with COVID-19.

Read More from: Bonds & Botes, P.C.

2020-05-22
The comptroller of the currency will be replaced by his COO, Brian P. Brooks, on an acting basis; CEO James Gorman says the economy needs to be on steadier ground first.

Read More from: BankThink

2020-05-21
If Democrats retake both the White House and Senate in the 2020 election, analysts see threats to the industry from the appointment of new regulators and possible reversal of Trump-era deregulation.

Read More from: BankThink

2020-05-21
A Democratic measure to freeze foreclosures and auto repossessions through the coronavirus crisis while expanding eligibility for loan forbearance is getting strong pushback from banks and credit unions, which complain it would constrain credit.

Read More from: BankThink

2020-05-21
The National Community Reinvestment Coalition, California Reinvestment Coalition and Democracy Forward accuse the agency of “unlawfully gutting” the historic anti-redlining law.

Read More from: BankThink