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23 Jul 2020, 7:22 am
Perennial competitor Mastercard Inc. likewise made a move into the fintech infrastructure space last month, snapping up Salt Lake City-based Finicity in a deal that could be worth just under $1 billion to expand its foray into open banking. [read post]
23 Jul 2020, 12:00 am
Oliveri, Summer Law Clerk In late June, Governor DeSantis approved Florida’s version of the Uniform Commercial Real Estate Receivership Act (“UCRERA”) and the Act became effective July 1, 2020. [read post]
22 Jul 2020, 4:32 am
In addition, the OCC references its requirement for “banks engaged in lending to take into account the borrower’s ability to repay the loan according to its terms” (but does so in the context of secured lending), lists lending practices “that may be considered predatory, unfair, or deceptive,” and identifies the issues it evaluates “as part of its routine supervision of a bank’s lending relationships… [read post]
20 Jul 2020, 10:53 am
Medley Opportunity Fund II, LP (Tribal Sovereign Lending) Crow Indian Tribe v. [read post]
15 Jul 2020, 1:56 pm
Medley Opportunity Fund II, LP (Tribal Sovereign Lending)Crow Indian Tribe v. [read post]
13 Jul 2020, 2:59 pm
For Main Street New Loans, the Main Street lender is not required to share in, or to secure the Main Street Loan with, collateral that secures the borrower’s existing (or future) non-Main Street debt, but the Main Street Loan may not be contractually subordinated in terms of payment priority to any of the borrower’s other debt. [read post]
10 Jul 2020, 7:10 am
Regulation (EU)2017/1129 of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC; Art. 29(3) – Prospectus rules. [read post]
9 Jul 2020, 6:15 am
The FHFA acts as conservator to Fannie Mae and Freddie Mac, which provide funds to the mortgage lending industry by buying home loans from private lenders and then bundling the mortgages into securities and guaranteeing them. [read post]
8 Jul 2020, 12:35 pm
As a result, the contours of the Main Street Loan program are now substantially settled[1] as the Fed announced publicly on Monday, July 6, that the Main Street Lending Program is now fully operational and ready to purchase participations in eligible loans that are submitted to the program by registered lenders (Eligible Lenders). [read post]
8 Jul 2020, 12:35 pm
As a result, the contours of the Main Street Loan program are now substantially settled[1] as the Fed announced publicly on Monday, July 6, that the Main Street Lending Program is now fully operational and ready to purchase participations in eligible loans that are submitted to the program by registered lenders (Eligible Lenders). [read post]
7 Jul 2020, 3:00 pm
As a result, the contours of the Main Street Loan program are now substantially settled[1] as the Fed announced publicly on Monday, July 6, that the Main Street Lending Program is now fully operational and ready to purchase participations in eligible loans that are submitted to the program by registered lenders (Eligible Lenders). [read post]
7 Jul 2020, 2:43 pm
Or they may forget to charge their phones or even lend them to colleagues or family members. [read post]
7 Jul 2020, 2:29 pm
Contravening s.7(1) is an offence. [read post]
6 Jul 2020, 2:47 pm
(On July 14, 2020, from 12:00 p.m. to 1 p.m. [read post]
6 Jul 2020, 8:14 am
The post SEC Sues Raymond James Broker Frederick Stow For Allegedly Stealing Almost $1 Million From Seniors appeared first on Securities Arbitration Lawyers Blog. [read post]
6 Jul 2020, 6:28 am
The proposal would implement a similar exemption for insured credit unions and insured depository institutions, with principal differences being that: The asset threshold would be $10 billion (and would be adjusted annually for inflation); and During the preceding calendar year or, for applications received before April 1 of the current year, during either of the two preceding calendar years, the credit union or depository institution and its affiliates could have extended no more than… [read post]
3 Jul 2020, 6:43 am
KEY POINTS FOR TRADERS Banking licence generally required for lending activities. [read post]
1 Jul 2020, 8:52 am
That when a loan is secured by a building located in a special flood hazard area and also the contents of the building, flood insurance is required on the contents regardless of whether the security interest in the contents is perfected. [read post]
25 Jun 2020, 1:59 pm
Department of Homeland Security (DHS) was arbitrary and capricious and hence in violation of the Administrative Procedure Act (APA). [read post]
25 Jun 2020, 6:47 am
Under the umbrella of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the PPP provides up to $349 billion in available funds for small businesses that have experienced negative consequences as a result of COVID-19. [read post]
