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10 Nov 2020, 3:23 pm by Catherine DeBono Holmes
This article was first published by the IIUSA Regional Center Business Journal and is reprinted with permission. [read post]
22 May 2007, 2:29 pm
Once in bankruptcy and dependent on external financing, the debtor and a Chapter 11 lender negotiate a Chapter 11 financing agreement that includes control rights for the Chapter 11 lender, who is often the pre-bankruptcy secured lender. [read post]
2 Nov 2009, 7:14 pm
Is the country ready to see a large portion of an industry that Frank and Winnick state "fills an important need" (lending to the small businesses that drive the economy) fail because a steamroller started by the Too Big To Fail and the unregulated lenders rolls over them? [read post]
15 Aug 2014, 10:33 am
RESPA's Required Use of an Affiliated Business prohibition. [read post]
24 Oct 2018, 10:33 am by Kyle A. Owens and Erin F. Fonté
All account “touches” could be recorded on the private blockchain, including receipt of payments and communications to or from a borrower, and the organization could create its own automated processes based upon smart-contract methodology. [read post]
18 Apr 2007, 8:31 pm
From the National Community Reinvestment Coalition: This decision undermines effective state laws and regulatory enforcement mechanisms in place to protect consumers. [read post]
29 Jan 2021, 4:03 pm by Olivia Cross
Due to this failure to first address the neediest businesses, the SBA’s new disbursement is proceeding in a phased process where large lenders had to wait until smaller lenders and community banks could process their customers first. [read post]
23 Oct 2023, 11:00 pm by Sherica Celine
It is used to evaluate a business's practices and performance or assets on various sustainability and ethical issues from environmental concerns to fairness and equity. [read post]
21 Jun 2011, 3:58 pm
In these situations, if parties can't arrange a short sale, or some other remedy with their lender, they may face foreclosure and then what was once thought of as a community asset becomes a cumbersome community debt. [read post]
18 Jul 2023, 12:52 pm by Derek P. Hartman
However, open communication and collaboration between property owners and lenders can help mitigate these risks. [read post]
5 Mar 2013, 2:44 pm by Kelly Phillips Erb
President Barack Obama delivers remarks to small business owners, community lenders and members of Congress in the East Room of the White House in Washington, DC. [read post]
22 Jul 2011, 9:14 am by Jeff Sovern
The third section covers the different types of municipal controls that have been imposed on payday lenders and similar businesses, drawing on actual ordinances as well as on case law discussing their use and validity. [read post]
14 Jun 2018, 12:04 pm by John L. Culhane, Jr.
  According to the consent order, certain Security Group entities were primarily in the business of making consumer loans and other entities were primarily in the business of purchasing retail installment contracts from auto dealers. [read post]
10 Sep 2009, 5:34 pm
All companies should practice clear communication and other good business practices, but banks owe those to customers whose financial futures are at stake. [read post]
Lenders are able to offer payment deferrals for borrowers experiencing financial hardship due to Covid-19 under the USDA Business and Industry Guaranteed Loan Program, Rural Energy for America Program (REAP), Community Facilities Guaranteed Loan Program, and Water and Waste Guaranteed Program. [read post]
7 Jan 2021, 6:11 am by Sherin and Lodgen
Today they are the bank “for the dreamers, the doers, and the builders – people who are making their community a better place to live and work. [read post]
21 Dec 2011, 8:02 pm by Frank Pasquale
Recently a coalition of Missouri payday lenders implied "that standing up for high-interest-rate lenders is somehow analagous to the acts of the 'poor people who followed Dr. [read post]