UDAAP and Disparate Impact Update
November 8, 2013
Some community banks believe that they are not subject to the unfair, deceptive or abusive acts or practices (collectively referred to as UDAAP) provisions of
Some community banks believe that they are not subject to the unfair, deceptive or abusive acts or practices (collectively referred to as UDAAP) provisions of
The Dodd-Frank financial reform legislation includes several points that have made it more difficult for community banks to operate profitably. These issues include higher capital
Dodd-Frank Wall Street Reform and the Consumer Protection Act have been among the key concerns for bankers in recent times. One of the more confusing
Depository institutions use loan participations as an integral part of their lending operations. Banks may sell participations to enhance their liquidity, interest rate risk management,
The uneven economic recovery may be sputtering along in fits and starts, but it appears loan volume has improved at commercial banks. According to Federal
written by Shawn Barbour The recent financial crisis and corporate scandals have generated more focus on corporate governance, which affects us all in different ways
Is it not amazing how powerful these smartphones we carry around are? They are tiny computers which allow us to do almost everything our computer
Many community banks rely on participation loans as a source of alternative funds for lending. Selling participation loans may enable banks to meet their borrowers’
Nothing ever changes. Thomas Jefferson was criticizing big banks at the beginning of our history…
From the Daily Bail, a website devoted to bailout news, opinion and analysis:
Can We Party like it’s 1776 and Just Start Over? Thomas Jefferson’s Top 10 Quotes on Money and Banking
Amount billed for routine phone calls
Amount billed for services if not 100% satisfied
Sleepless nights knowing we’re in charge
Headaches figuring out tax regulations
Of your time devoted to making money
Stress free tax filing
