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Compliance

Lawsuit alleges unfair business practices by prioritizing borrowers who were seeking larger loan amounts rather than a good faith effort to take business on a first come first serve basis
$248 billion has already been loaned to small businesses across the US, according to new data
Complex regulations and required manpower are pushing costs higher, but fraud attempts are rising
The government’s $349 billion small business support package is facing issues already, according to reports
The bank is targeting $10 billion in PPP loans but is restricted by measures put in place following the fake accounts scandal
Thankfully, the Small Business Administration (SBA) and Treasury Department finally released details
Banks should not be pushing for a delay to new rules regarding accounting for credit losses, according to KBRA
President Donald Trump has signed into law the Coronavirus Aid, Relief, and Economic Security Act. The details will help keep the banking industry stable.
Trade groups want regulators to delay the introduction of CECL rules and changes to emergency loan programs
A strong TCPA compliance program is essential to help understand the type of communications permissible to minimize potential liability

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CSI: Hawthorn River
Lending Regulatory Compliance

WEBINAR: Tuesday, May 21st, 2024, 2:00 CT / 3:00 ET

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