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Consumer Compliance
Global loan loss provisions and foregone revenue due to economic impact of pandemic will climb for the next few years
The association objects to further capital raising flexibilities for large credit unions that already receive tax exemptions
FICO survey finds lack of confidence in short-term finances, but satisfaction with bank support is high
The frenetic pace of credit requests serves as a reminder to keep fairness central to all types of lending
Policymakers have agreed to give companies using the PPP more flexibility reflecting the continued economic challenges of COVID-19
The PPP and related changes to operations could reshape some areas of the banking sector, says PwC
The bank’s consumer lending arm has agreed on a settlement with 33 states and the District of Columbia over legacy car loan practices
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
While regional banks were embracing small business loans, the U.S. government sparred with the top four regarding the program as larger banks did not show enthusiasm
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