Commercial Lending

ABA Concerned about Feasibility of Small Biz Data Collection

As the Consumer Financial Protection Bureau prepares to implement Section 1071 of the Dodd-Frank Act -- which calls for the bureau to collect data on women-owned, minority-owned and small businesses -- ABA expressed concern today that the data collection will prove unable to fulfill its statutory objectives of providing insight on fair lending and community development needs.

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SBA Seeks Temporary Loan Processors for Harvey Relief

As it prepares to process an "extraordinary" number of disaster loans in the wake of Hurricane Harvey, the Small Business Administration is seeking professional commercial loan officers for a temporary assignment in processing loan applications.

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Fed Survey Examines Credit Trends among Startups

Startup firms -- those between zero and five years old that have more than one and fewer than 500 employees -- face greater financing challenges than more mature businesses, according to a survey released today by the Federal Reserve.

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The Circus Bank

The traveling Hagenbeck-Wallace Circus was famous for its humane animal acts. It was also famous for its bank.

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Fed Survey: CRE Lending Tightened in Second Quarter

Bankers continued tightening credit for commercial real estate and certain consumer loans in the second quarter of 2017, while residential mortgage lending eased and commercial and industrial standards remained mostly unchanged, according to the Federal Reserve’s latest senior loan officer survey released today.

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