Developments in technology-based solutions and tools offer many options for financial services companies to streamline their regulatory compliance and risk management programs while offsetting rising costs. … READ MORE >
How regulatory oversight may change at five agencies under Biden
With President Joe Biden’s cabinet taking shape, regulated entities in the financial services industry like banks, specialty lenders and capital markets firms are starting to get a better picture of what changes might be in store. … READ MORE >
CHART OF THE DAY: Diverging trend in consumer loan delinquencies and unemployment
Consumer loan delinquencies and unemployment rates have historically followed similar paths. But the pandemic has upended that coupling, as consumer loan delinquencies have trended down while unemployment has increased significantly. … READ MORE >
How to become a qualified lender under the Paycheck Protection Program
The Paycheck Protection Program, an ambitious $349 billion loan program designed to quickly give relief to small businesses, represents an unusual opportunity for lenders to expand their client base with loans that are fully guaranteed by the federal government. … READ MORE >