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Fair Lending - Banking Exchange
The senate and assembly have passed a bill requiring improvements to loan cost transparency for online lenders
Planned new rule will address legal uncertainty regarding which entity owns a loan that it sold by a bank to a third party
The bank has put all the fees it generated from the PPP into the pandemic recovery fund
The new comptroller has warned banks not to use the coronavirus pandemic as a cover for cutting services
Companies that received PPP loans should be able to spend their time on rebuilding post-pandemic, not filling out complex forms, associations argue
Scenario impact analysis brings new utility but challenges existing stress test programs. Here are four keys to a modern scenario-based stress testing infrastructure.
On July 4, President Trump signed S. 4116 extending the deadline for applying for a loan under the Paycheck Protection Program (PPP) from June 30 to August 8, 2020
Senators are debating a further, more targeted version of the successful Paycheck Protection Program
Survey finds those that invested in digitization before the pandemic were likely “most resilient” during the crisis
Northeast Bank will originate PPP loans until the June 30 deadline and sell them on to The Loan Source
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