ABA Wins Extension For New Income Verification Requirements
In response to advocacy by ABA and others, the Internal Revenue Service today said that it would extend an implementation ...
Tag: Consumer lending
Offering Variable Pricing for Higher Profits
Future success for bankers depends on how they respond to increasingly competitive pricing pressure.
Pentagon Signals Progress on Military Lending Act Implementation
With many banks struggling to be ready for the Military Lending Act regulatory changes taking effect in October, Department of ...
CFPB Proposal Could Cripple Innovation in Small-Dollar Credit
The Consumer Financial Protection Bureau today released a proposed rule that would sharply curtail short-term, small-dollar consumer loans.
Weekly Infobyte: Rapid Growth of Marketplace Lending
Three top nonbank fintech marketplace lenders originated nearly $12 billion in loans in 2015, up from less than half a ...
Treasury Report Calls for Stronger Oversight of Marketplace Lenders
While online marketplace lenders are subject to many of the same rules as banks for loan originations, marketplace lenders receive ...
ABA Endorses Stearns Lending’s Fulfillment, Correspondent Services
The American Bankers Association -- through its Corporation for American Banking subsidiary -- announced today that it has endorsed the ...
Bipartisan House Letter Cautions Treasury on Business Lending
Business lending is fundamentally different from consumer lending, and regulations should not treat them similarly, a bipartisan group of 20 ...
Fed Survey: More Banks Tighten Business Credit as Demand Weakens
Bankers continued tightening credit for business loans in the last three months while they continued to ease credit standards slightly ...
