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28 Jun 2016, 8:47 am
That question will be heard in the consolidated cases of Bank of America v. [read post]
24 Jun 2016, 11:52 am
Also implicated are the specific investment firms and banks that sold or managed the securities and even insurers. [read post]
17 Jun 2016, 5:28 am
Ronald Calderon had the undercover agent hire his daughter, make a $5,000 payment toward his son’s tuition, and give $25,000 to a nonprofit group the brothers used to pay themselves. [read post]
13 Jun 2016, 7:47 am
To research consumer experiences with auto financing, the CFPB conducted a series of focus groups with 308 consumers and examined narratives in consumer complaints submitted to the CFPB in the “vehicle loan or lease category. [read post]
10 Jun 2016, 9:37 am
Pouliot, First Vice President, Mortgage Manager, Federal Home Loan Bank of Boston, Robert Triest, Vice President and Economist, Federal Reserve Bank of Boston, Annie Blatz, President, Massachusetts Association of REALTORS®, and Timothy Warren, Jr., CEO, The Warren Group. [read post]
1 Jun 2016, 6:51 am
European lenders have sold around 100 billion in CoCos since 2012. [read post]
23 May 2016, 9:16 am
” It also repeats the statement in the Fall 2015 agenda that the CFPB is “also considering whether rules to require registration of these or other non-depository lenders would facilitate supervision, as has been suggested to the Bureau by both consumer advocates and industry groups. [read post]
18 May 2016, 6:19 pm
Paul Bland Jr., executive director of Washington-based advocacy group Public Justice, expects a flurry of claims against payday lenders, some of which operate online and, he says, flout state laws. [read post]
16 May 2016, 6:37 am
Consumer Financial Protection Bureau (CFPB) Director Richard Cordray recently informed several banking and other industry groups that the Bureau plans to introduce a proposed rule to address concerns related to CFPB mortgage disclosure requirements. [read post]
25 Apr 2016, 4:00 am
Moreover, re-submissions of the nature described in the paper are proscribed both by the current NACHA rules and the best practices guidelines of the Online Lenders Alliance, the trade group for online lenders. [read post]
15 Apr 2016, 8:41 am
In July 2015, the Treasury Department issued a request for information regarding online marketplace lending and, in February 2016, the FDIC published an article highlighting the risks for banks that partner with marketplace lenders. [read post]
15 Apr 2016, 4:07 am
The consumer groups have pushed back. [read post]
14 Apr 2016, 9:17 am
The IP100 is providing a barometer of the importance businesses place on IP, and can be used by lenders and investors to judge the robustness and scalability of companies they might invest in. [read post]
4 Apr 2016, 5:00 am
This provision would appear to be an attempt to override Section 85 of the National Bank Act, which allows a national bank to make loans to borrowers at the rate allowed by the laws of the state where the bank is located. [read post]
21 Mar 2016, 7:27 pm
Most of these lenders for small business have emerged from the consumer world of P2P finance. [read post]
17 Mar 2016, 8:07 am
Coker’s importance The Coker decision will apply to a narrow group of homeowners who managed a short sale prior to the enactment of CCP580(e). [read post]
17 Mar 2016, 4:00 am
In September 2015, the CFPB and DOJ announced a proposed consent order with Hudson City Savings Bank to settle allegations that the bank had engaged in a pattern or practice of redlining in its residential mortgage lending. [read post]
14 Mar 2016, 2:56 am
In the following guest post, David Bergenfeld of the D’Amato & Lynch law firm’s Fidelity Bond Practice Group, and Laura Lang, Esq., take a look at the important developments during 2015 regarding these coverages. [read post]
2 Feb 2016, 7:36 am
They knew and intended for the bank to rely on it to determine the value would support the loan. [read post]
27 Jan 2016, 2:25 pm
Ground for suing your lender usually revolve around predatory lending so you should speak to an attorney who deals in such types of cases if you believe you have been taken advantage of by your bank. [read post]
