Topic
Lending
189 published works
Sports Agent Blog
NFL Agent Damarius Bilbo Sued Over More Than $1 Million In Unpaid Loans
Damarius Bilbo, along with Evolution Sports LLC (formerly Revolution Sports Agency LLC), has been sued in a Georgia federal court. The Complaint says that they failed to make the required…
Consumer Finance Monitor
Justice Department announces settlement to resolve lending discrimination claims against Evolve Bank and Trust
On September 29, 2022, the Justice Department announced a proposed consent order with Evolve Bank and Trust to resolve allegations of lending discrimination on the basis of race, sex, and…
Consumer Finance and Fintech Blog
CFPB, DOJ Propose $22 Million Penalty Against Nonbank Mortgage Lender for Illegal Redlining
By Moorari Shah, A.J. Dhaliwal, Pouneh Almasi
On July 27, the CFPB and DOJ proposed a settlement with a nonbank mortgage lender for its discriminatory “redlining” lending practices against minority families living in the greater Philadelphia area.…
Consumer Finance Enforcement Watch
California Department of Financial Protection & Innovation Settles With “Buy Now, Pay Later” Company
By Collin Grier
On August 3, 2022, the California Department of Financial Protection and Innovation (DFPI) announced that it had entered into a consent order with a Florida-based lending company that allegedly made “illegal loans.”…
Credit Chronometer
Real Estate Capital USA | Five Things To Know About Underwriting Cannabis-related Real Estate Loans
Joseph Cioffi was quoted in a Real Estate Capital USA article, "Five Things To Know About Underwriting Cannabis-related Real Estate Loans."
Consumer Finance Enforcement Watch
CFPB and DOJ Reach $24.4 Settlement with Mortgage Originator for Alleged Lending Discrimination
By Jackie Odum
On July 27, 2022, the Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ) announced that they reached a settlement with a nonbank residential mortgage lender to resolve allegations of…
Litigation Finance Journal
Experity Ventures Secures $32M from Brean Capital
By John Freund
Experity Ventures is widely known for its work to provide non-recourse loans and litigation finance products to medical claimants as well as medical professionals. Experity has announced a $32M capital…
Restructuring Globalview
What is the Impact of Recent Policy Changes on a Lender’s Appetite to Lend and UK Business Recovery?
As part of our business recovery and resilience series, our fourth video from Aysha Fernandes (Commercial Finance Director at UK Finance), answers this question as well as commenting on what…
Bright Law Blog
Consumer Data Right and non-bank lending
Treasury has commenced consultation for the sectoral assessment for applying the Consumer Data Right to non-bank lending, merchant acquiring services, and key data sets in the general insurance and superannuation…
Global Regulation Tomorrow
FCA portfolio letter – Building societies
By Joe Bamford (UK), Simon Lovegrove (UK)
On 11 March 2022, the FCA published a letter (dated 11 March 2022) to firms within its building societies portfolio. In the letter the FCA provides an: Updated view of…