ABI Blog Exchange

On November 6, 2020, 381 Broadway Realty Corp., which owns a single asset of commercial real estate consisting of retail stores and offices located at 381 Broadway in New York, filed for relief under chapter 11 of the Bankruptcy Code in the Bankru

On November 7, 2020, Cred Inc., a California-based global financial services platform that provides business and retail credit and allows customers to earn a yield on more than 15 crypto and fiat currencies through its partner network, filed for r

On November 9, 2020, YouFit Health Clubs, LLC, a Florida-based chain of budget-friendly fitness centers, filed for relief under chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No.

With a Democrat set to take the White House in January, the political balance at NCUA could shift amid changes for the CFPB and housing reform, and progressive banking ideas that were unthinkable over the past four years could gain traction.

A final Senate breakdown still depends on the outcome in a few key races, but with Republicans closer to keeping power, Democrats' proposals to cap interest rates, create a postal banking system and establish a public credit reporting agency are l

Vendors such as eFinancialCareers, Paradox and pymetrics work with banks to assess job applicants based on their skills and not other factors. But the technology has its limits.

The statement comes after multiple small and midsize institutions earlier this year warned the agencies that the secured overnight financing rate was ill-suited to them.

Figure Technolgies, the home equity lender founded by the former CEO of SoFi, is seeking a national bank charter so it can offer more products and services while reducing the need for state-by-state licenses.

On November 6, 2020, Blitman Saratoga, LLC, the owner and builder of a residential single-home community in Saratoga Springs, NY named Beaver Pond Village, filed a voluntary