The new playbook for banking athletes
An ABA Banking Journal series explores how banks are adapting to the financial needs of student athletes, professionals and the ...
Tag: Lending
Fed survey finds weaker demand for residential real estate loans in Q2
During the second quarter of the year, many banks reported stronger demand for C&I loans but weaker demand for residential ...
Fed proposes to update rules on lending to bank insiders
For the first time in nearly 50 years, the Federal Reserve is proposing to comprehensively update the regulation governing extensions ...
Hispanic business group warns Clarity Act will harm local lending
A market structure bill for digital assets threatens to weaken the financial ecosystem supporting Hispanic-owned businesses by spurring the migration ...
House bill would increase transparency about small business lending program risks
A proposed bill supported by ABA would require the Small Business Administration to provide and make public more details about ...
OCC, FDIC release guidance on lending, undocumented workers
Lending to individuals who are not legally authorized to work in the U.S. may present elevated credit risk to financial ...
Rate caps lead to less credit
Recent Fed research finds no surprise in analysis of state-based interest rate caps.
CFPB rescinds advisory opinion on special-purpose credit programs
The CFPB rescinded a 2020 advisory opinion on special-purpose credit programs, saying the document contains statements that conflict with recent ...
CFPB: Creditors may be required to check immigration status
Creditors may be legally obligated to check a consumer's immigration status for mortgage loans and credit cards, especially where removal ...
HUD to keep tri-merge credit report requirement for FHA loans
The Federal Housing Administration will continue to require three credit reports for single-family loans, the U.S. Department of Housing and ...
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