ABI Blog Exchange

NIGC Issues New Guidance on Financing Document Reviews and Declination Letters

The National Indian Gaming Commission (“ NIGC”) issued guidance this week for tribes and tribal lenders who submit loan documents to the NIGC for a so-called “declination letter.” Bulletin No. 2021-4, “Submission of Loan Documents and Financing

Capital One pushes reopening into 2022, gives no date for return

Bank7 expanding in Oklahoma with Watonga Bancshares deal

Fair-lending suit puts heat on Old National-First Midwest deal

Affordable housing advocate moves closer to top job at Ginnie Mae

Scholars' Letter in Support of Saule Omarova

President Biden has nominated Cornell Law Professor Saule Omarova to be the next Comptroller of the Currency. While the Office of the Comptroller of the Currency is not a well-known government agency outside of bank regulation circles, it is among

Step By Step To Business Shutdown

There’s lots written on how to start a business. Not so much about shutting down a business. Even pre-pandemic, half of all new businesses fail within 5 years. This year, the pain is so much greater. So let’s walk through how to close a business, tie

Citizens joins list of banks helping customers avoid overdraft fees

Outdated APIs threaten to hold back open banking in Europe

Fed moving forward with plans to test banks' climate risk: Brainard

The Ins and Outs of Wage Garnishment and How to Stop It!

The Ins and Outs of Wage Garnishment and How to STOP It In the world of debt collection, wage garnishment is the equivalent of bringing in the “big guns.” It’s a regular payment to a creditor, taken directly from your paycheck by your employer. This

Bank of America using VR to prep for sensitive customer interactions

NatWest faces £340 million money laundering fine

American Express debuts in-app connection to PayPal

Equitable Mootness Doctrine: Opposed At U.S. Supreme Court By 21 Law Professors (Hargreaves v. Nuverra)

By: Donald L Swanson The doctrine of equitable mootness “is irreconcilable with” the “virtually unflagging obligation” of appellate courts “to exercise the jurisdiction given them.” –From Amicus Brief of 21 Bankruptcy Law Professors, in Hargreaves v

Can banks win back the fees Apple takes for digital subscriptions?

Don’t File Bankruptcy Just Because You Get Sued

Most folks do not understand the paperwork in a lawsuit against them for money. Hey, that is why we have lawyers! Most civil lawsuits are collection cases – creditor suing you for money. Do not just assume that because it was filed in a court... The

Seven Commandments for the Financially Distressed Company

Most restructuring professionals will tell you that there is no “typical” restructuring. That is absolutely true. Every financially distressed business is different and the character and direction of its restructuring will be highly dependent upon

MoneyGram partners with nonprofit on blockchain deal

Gulf Coast Educators teams with Atria for wealth-management tech