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1 Nov 2023, 6:23 pm by Mark Ashton
Today when your spouse goes to refinance so that you are off the mortgage, the mortgage banker will greet him/her with open arms. [read post]
27 Oct 2023, 6:00 am by Michelle
How Data Sharing Could Change Under CFPB’s Proposed New RulesAmerican Banker – October 23, 2023 (subscription required) U.S. banks have shared their customers’ account data with fintechs, an activity some call “open banking,” for more than a decade. [read post]
24 Oct 2023, 6:49 pm by Jeralyn
To explain why he submitted a false statement to a bank that failed to disclose more than $20 million in liabilities as well as tens of thousands in monthly expenses, Cohen notes that it was his private banker who provided Cohen with an inaccurate application, which Cohen failed to correct. [read post]
22 Oct 2023, 9:59 pm by Cari Rincker
Coworkers, business associates, attorneys, financial advisors, bankers, fellow business owners, and other members of a professional network are a good starting point for finding an accountant. [read post]
20 Oct 2023, 7:00 am by Geoff Cockrell
On this episode of The Banker’s Corner, McGuireWoods’ Geoff Cockrell talks to Craig Sager, director at Provident Healthcare Partners, about investing in primary care. [read post]
20 Oct 2023, 6:00 am by Michelle
How Visa and Mastercard Are Fighting Friendly FraudAmerican Banker – October 13, 2023  (subscription required) Friendly fraud — which refers to customers requesting a refund for an otherwise legitimate payment — is getting worse, increasing the danger of financial losses and the risk of security overreach to fight the problem. [read post]
19 Oct 2023, 9:05 pm by renholding
BANKER, Dec. 21, 2022, https://www.americanbanker.com/list/5-ways-banks-pushed-deeper-into-the-cloud-in-2022. [17] News Release, U.S. [read post]
16 Oct 2023, 4:10 am by Alan S. Kaplinsky
American Banker recently reported that the CFPB is planning to substantially increase the size of its staff, particularly its Enforcement Division staff. [read post]
13 Oct 2023, 6:00 am by Michelle
How Buy Now/Pay Later Fintechs Are Reframing Consumer CreditAmerican Banker – October 9, 2023 (subscription required) Initial concerns about buy now/pay later loans cannibalizing credit card issuers’ market share haven’t come to fruition, but as BNPL fintechs tweak their products, their loans are looking more like traditional credit cards. [read post]
12 Oct 2023, 6:33 am by Lindsay Griffiths
So, my father, his mentoring style put it that way, I’ve actually had two mentors, my father and my former boss in the former life, I was a banker, you may know. [read post]
9 Oct 2023, 5:41 am by Gregory Dell
Long term disability insurance lawyers Alex Palamara and Gregory Dell discuss a successful LTD lawsuit on behalf of a former banker with lupus, back disorders and cognitive impairments. [read post]
4 Oct 2023, 12:46 pm by Brett Natarelli
The Mortgage Bankers Association and other financial industry trade groups submitted amicus briefs arguing that, however SCOTUS resolves the Constitutional funding question, it should decline to invalidate CFPB historic rules, regulations and acts, because doing so would upset settled industry expectations. [read post]
2 Oct 2023, 10:34 am by Barbara S. Mishkin
In an article requested by and published today in American Banker’s BankThink, Alan Kaplinsky, Senior Counsel (and former practice group leader) in Ballard Spahr’s Consumer Financial Services Group, argues that the Supreme Court should rule that the CFPB’s funding mechanism is unconstitutional. [read post]
28 Sep 2023, 9:22 am by Amy Howe
ShareIn the aftermath of the 2008 financial crisis, Congress consolidated the task of enforcing federal consumer finance laws into one agency. [read post]
To date, our broker fraud law firm has filed over 100 broker misconduct lawsuits against the many US-based brokerage firms that allegedly unsuitably marketed and sold annuities in Northstar Financial Services (Bermuda), PB Investment Holdings, PB Life and Annuity, Colorado Bankers Life Insurance, and the other insurers owned by beleaguered billionaire Greg Lindberg to customers. [read post]
Are You An Elderly Investor Who Suffered Losses in Colorado Bankers Life Insurance? [read post]
19 Sep 2023, 11:59 am by Kristen E. Larson
American Bankers Association (ABA), Association of Credit and Collection Professionals (ACA International), U.S. [read post]
19 Sep 2023, 5:03 am by rickgeorges
Find a local banker, create a relationship of trust, and, over time, it will feel like the old days. [read post]