2020-04-23
Discover and Sallie Mae are the latest to report a surge in forbearance requests as households struggle with job loss and other hardships resulting from the coronavirus pandemic.
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2020-04-23
The popular videoconferencing service has been beset by security issues, and some banks have banned employees from using it. Are they overreacting?
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2020-04-23
The bipartisan coalition of AGs said homeowners should be allowed to wait until the end of a loan term to make payments they skipped because of the coronavirus.
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2020-04-23
Bankruptcy has developed a nasty reputation, which is largely based on myths and misinformation. One of the most persistent (and harmful) bankruptcy myths is that you will automatically lose your home if you file for Chapter 7.
Read More from: Young, Marr & Associates
2020-04-23
Get nomination forms and event details for the 2020 Most Powerful Women in Banking and Finance program.
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2020-04-23
The policy move will allow small institutions participating in the Paycheck Protection Program to pledge business loans as collateral to obtain advances.
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2020-04-23
Lawmakers should approve a program to distribute stimulus funds using a government-sanctioned coin, which would be speedier than the current system.
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2020-04-23
Discover is the latest card lender to say it's reining in credit lines as the coronavirus pandemic leaves millions of Americans jobless and struggling to keep up on loans.
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2020-04-23
Some say the agencies are exacting too high a price to buy loans from the cash-strapped lenders; some small banks hustled in dealing with the Paycheck Protection Program, others are accused of a hustle.
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2020-04-22
Financial institutions could testify before the bipartisan commission overseeing the unprecedented economic aid for industries hit by the COVID-19 pandemic. But without subpoena authority, the panel’s impact may be limited.
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2020-04-22
The office and retail markets could look very different in the aftermath of the coronavirus pandemic. Here's what it could mean for lenders.
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2020-04-22
A backlog has formed since the first round of Paycheck Protection Program funding dried up, threatening to further strain a platform that struggled to handle the initial workload.
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2020-04-22
The Ohio company, which bought United Community Financial in February, will start operating as Premier Bank later this summer.
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2020-04-22
Banks had an opportunity to delay compliance with the new accounting standard, but many opted to move forward to get ahead of credit issues that could arise from the coronavirus outbreak.
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