C&I Loan Standards Ease as Demand Weakens
More bankers began easing credit standards and terms amid weakening demand for a wide swath of commercial and real estate ...
Tag: Consumer lending
ABA Wins CFPB Exemption for ‘Accommodation Loans’
ABA won a helpful exemption in the Consumer Financial Protection Bureau’s final small-dollar lending rule that protects banks’ ability to ...
Trade Groups Applaud Bipartisan Action to Codify ‘Valid-When-Made’ Doctrine
ABA and 10 other banking, business and online lending trade associations today wrote to members of the House and Senate ...
Consumer Delinquencies Improve in Q2
Delinquencies in closed-end loans held steady in the second quarter of 2017 while bank card delinquencies fell and home-related categories ...
Wells Fargo CEO: Bank Has Made ‘Fundamental Changes’ Since Fake Account Scandal
Wells Fargo CEO Tim Sloan appeared before the Senate Banking Committee today to provide an update on the steps the ...
Arbitration Rule to Raise Cost of Credit 25 Percent, OCC Study Finds
The OCC has conducted a study finding that the Consumer Financial Protection Bureau’s arbitration rule is likely to increase the ...
ABA Endorses LendKey’s Digital Lending Solution
With 60 percent of consumers placing a high priority on mobile and online banking services, according to a recent ABA ...
CFPB Data Shows Growing Numbers with High Student Debt Levels
The percentage of student loan borrowers leaving school with at least $20,000 in student debt has doubled from 20 percent ...
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 ...
