Economy

“Through the partnership being announced today, the Bureau will share our insights with FHFA and ensure we get their data on how mortgage servicers are working with their customers during this critical time and going forward,” said CFPB Director Kathy Kraninger.
Kate Berry
April 15, 2020 1:06 PM

The Borrower Protection Program enables the two agencies to exchange information about loss mitigation efforts and consumer complaints regarding specific servicers.

1 Min Read
April 15, 2020 12:45 PM

A Florida utility continues to pursue a lawsuit against a public power agency with a stake in the Plant Vogtle project.

6 Min Read
AdobeStock_95241859.jpeg
Jo Ann Barefoot
April 15, 2020 10:51 AM

The SBA’s Paycheck Protection Program is nearly depleted, but there are ways small banks and fintechs, with help from Congress, can remedy the situation.

4 Min Read
Institute of Management Accountants headquarters in Montvale, N.J.
Michael Cohn
April 14, 2020 5:05 PM

Small businesses are dealing with frustrating delays and changing guidance in applying for and receiving help from the Small Business Administration in its new Paycheck Protection Program.

8 Min Read
April 14, 2020 4:02 PM

Skilled nursing facilities and long-term care are deluged by the pandemic, adding financial stress for a sector that issues unrated and speculative grade debt.

4 Min Read
Andrew Welsch
April 14, 2020 2:18 PM

Nearly everything fell during the difficult first quarter: net income, advisory assets, IRA assets, and advisor headcount.

2 Min Read
AT-112519-YearAhead-SmallFirmIssues.png
Edward Mendlowitz
April 13, 2020 1:31 PM

I’ve spoken to many owners of, and partners in, small firms and see an optimistic future.

3 Min Read
Kate Hanniford and Tim Foley
Kate Hanniford
April 13, 2020 11:07 AM

Compliance attorneys for large wealth managers outline which questions are critical in light of the substantial regulatory requirements.

3 Min Read
CenterState CEO John Corbett, left, and Tom Iadanza, chief banking officer at Valley National.
By Jon Prior
April 9, 2020 9:00 PM

Bankers say they’re still trying to figure out if the Fed’s complex loan-buying vehicles will help them cater to the needs of midsize commercial customers hammered by the economic shock from the coronavirus outbreak.

5 Min Read
Tobias Salinger
April 9, 2020 3:12 PM

Waddell & Reed rep Zachary Edwards is feeling much better and relieved that his friends, colleagues and loved ones appear to have avoided COVID-19.

3 Min Read