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Fair Lending - Banking Exchange
Total deposits in FDIC-insured banks increased by a record $1.2 billion between January and March, data shows
$511 billion has been borrowed through the PPP, with smaller banks and lenders accounting for half of all loans
KBRA warns that stable delinquency rates could rise in the months ahead as banks have focused on short-term relief
Agriculture sector support comes through the same CARES Act legislation as the Paycheck Protection Program
Less than a quarter of homeowners in forbearance have managed to make payments for May, according to fintech firm Black Knight
A temporary rule change will allow the largest US lenders to expand their balance sheets further to help companies and households through the pandemic
The SBA has published details of how borrowers using the $669 billion lending program can have their loans forgiven
Officials have dumped an enormous amount of money into the economy in a matter of weeks. That means the environment is ripe for fraud.
Once again, lenders across the US have been inundated with applications and are struggling to keep up with demand
Data indicates that banks have earned more than $20 billion in fees from processing PPP loans so far
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