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16 Nov 2021, 5:15 am
On November 1, New York Governor Hochul signed into law amendments (S.5246-A/A.6247-A) to the New York Community Reinvestment Act (NYCRA) that expand the NYCRA’s coverage to non-depository mortgage lenders. [read post]
3 Jul 2011, 12:33 am
The industry felt it could do the job better and faster, resulting in an increase in business. [read post]
14 May 2010, 1:50 pm
CDFIs are government-designated lenders--usually small banks, credit unions, nonprofits, and others--whose mission is to promote community development. [read post]
7 May 2010, 6:15 am
Here are the three best ways to develop a relationship with a community lender: 1. [read post]
13 Oct 2020, 6:50 am
The Independent Community Bankers of America, a trade association representing community banks, endorses the clear, unambiguous standard set forth in the Proposed Rule. [read post]
24 Mar 2010, 7:41 am
The seminar was geared toward providing information on SBA 504 loans for Georgia community lenders. [read post]
24 Jul 2008, 11:23 am
Lenders using the Community Express program, who are required to arrange technical assistance for borrowers, will be able to use the SBA's online Small Business Training Network to satisfy this requirement. [read post]
15 Apr 2011, 7:32 pm
For some time, I have been exposing the fraud that is the Lender Processing Services (and mortgage servicers in general) business model. [read post]
4 Oct 2021, 8:00 am
During this time, Sky Group raised approximately $66 million through the sale of promissory notes while representing itself as a payday lender soliciting investors to fund its business. [2] In particular, Sky Group targeted Venezuelan-American investors in South Florida, who in turn often spread information about the investment opportunity by word-of-mouth. [read post]
29 Oct 2021, 1:33 pm
A longtime consultant and entrepreneur in the Baltimore region, Will Holmes has helped businesses in the area with nearly every issue they could face, from creating business plans to coaching CEOs to prepare to acquire capital. [read post]
1 Mar 2010, 10:07 pm
The top three were problem solving, verbal communications, and team work, which are all “soft skills” and all scored around 90%. [read post]
31 May 2020, 1:21 pm
If you act like everything is business as usual, you risk violating one of these new rules, which may lead to fines or other punishments. [read post]
6 Sep 2023, 11:51 am
The Kentucky plaintiffs chose to file a separate lawsuit rather than intervene in the lawsuit pending in a Texas federal district court challenging the Rule filed by the American Bankers Association, Texas Bankers Association, and Rio Grande Bank and in which several credit unions, community banks, credit union and community bank trade associations, an auto floor plan lender, and a trade association for financial services companies and manufacturers in the equipment… [read post]
22 Jun 2012, 8:55 pm
So MERS will continue doing business in Massachusetts for the foreseeable future. [read post]
4 Nov 2012, 6:51 am
Of paramount concern to the real estate community is the proposed Three Business Day Rule, which would require that lenders provide the final Closing Disclosure (the new HUD-1) at least 3 business days prior to the closing. [read post]
16 Mar 2018, 9:00 am
The company says it plans to operate its businesses as usual while it restructures its finances under Chapter 11 protection to reduce debt by more than $10 billion. iHeartMedia, formerly known as Clear Channel Communications, is based in San Antonio, Texas. [read post]
3 Feb 2022, 3:28 pm
Lenders should not communicate in a confusing or misleading manner. [read post]
22 Feb 2010, 4:32 pm
This blog is aimed at the lending community - so why are we giving hints to commercial real estate borrowers as to how to approach their lenders? [read post]
24 Jan 2023, 9:05 pm
The results showed lenders rejected Black and Hispanic small business owners at higher rates than less-qualified white borrowers. [read post]
8 Nov 2010, 5:17 pm
Sites like Yelp.com offer insight into the business' goodwill in the community. [read post]
