ABA Supports Bipartisan Bill to Extend COVID-19 Relief to USDA RD Borrowers
ABA today welcomed the bipartisan Rural Equal Aid Act, which would provide six months of payment relief for borrowers using...
Newsbytes
Consumer Prices Rise Slightly in July
The Consumer Price Index increased 0.6% in July on a seasonally adjusted basis, according to the U.S. Bureau of Labor...
ABA, DBA Unveil New Ads Highlighting Sen. Coons’ Support for PPP, Small Biz
ABA and the Delaware Bankers Association today released new ads thanking Sen. Chris Coons (D-Del.) for his support of the...
SBA Updates Guidance on PPP Forgiveness, Loan Reviews
The Small Business Administration today released several elements of guidance for Paycheck Protection Program lenders and borrowers.
ABA Recommends Focus for Congressionally Mandated CECL Study
As the deadline for an ABA-advocated, congressionally mandated Treasury Department study of the current expected credit loss standard looms, ABA...
ABA to CFPB: Extend ‘GSE Patch’ Six Months Past QM Final Rule
ABA yesterday welcomed the Consumer Financial Protection Bureau’s proposal to extend the temporary “GSE patch”—which grants Qualified Mortgage status to...
Small Business Optimism Falls in July
The NFIB Small Business Optimism Index fell 1.8 points in July to 98.8, near the survey’s historical average. Owners continue...
Producer Prices Rose 0.6 percent in July
The Producer Price Index for final demand rose 0.6% in July, seasonally adjusted, according to the U.S. Bureau of Labor...
Analysis: 9 in 10 Publicly Traded PPP Borrowers Kept Loan Funds
Just 12% of publicly traded Paycheck Protection Program borrowers elected either to decline or return loan funds after approval, while...
P2P Payments, Card-Not-Present Drive 2019 Growth in Debit Transactions
Even before consumers’ acceleration to online shopping due to the pandemic, card-not-present debit transactions rose 21% year-on-year in 2019, according...
