ABI Blog Exchange

Does Filing For Bankruptcy Target Your Disposable Income?

Does Filing For Bankruptcy Target Your Disposable Income? Bankruptcy Lawyers Explain How Your Income & Assets Will Be Treated In a Bankruptcy Filing You may be thinking of filing for bankruptcy to get needed debt relief, but you may be worried that

Second Circuit Reverses Ruling in FDCPA Case

The U.S. Court of Appeals for the Second Circuit recently held that a debt collector’s settlement offer must indicate whether interest and fees are continuing to accrue on the outstanding debt, or alternatively, whether payment of the settlement

House Subcommittee Launches Investigation into FinTech Companies’ Role in Allegedly Fraudulent PPP Loans

The House Select Subcommittee on the Coronavirus Crisis recently announced an investigation into the role of four Fintech companies and partner banks in issuing allegedly fraudulent Paycheck Protection Program (PPP) loans. The Subcommittee’s press

CFPB Issues Mortgage Servicing FAQs

The CFPB recently released new FAQs regarding the Mortgage Servicing Rule and Regulation X and Regulation Z relating to escrow account guidance and analysis. Putting it Into Practice: Some key takeaways include the following: The initial escrow

Capital One snags credit card partnership with Williams-Sonoma

Two more regional banks are rethinking overdraft fees

Credit union flips script on branching with tech makeover

You Can't Find a Cab. Uber Prices Are Soaring. Here's Why. New York Times https://www.nytimes.com/2021/06/15/nyregion/uber-prices-rise-yellow-taxis.html

You Can’t Find a Cab. Uber Prices Are Soaring. Here’s Why. The number of drivers and for-hire cars on the streets plunged during the pandemic, frustrating those seeking rides as the city starts to recover. 90 By Winnie Hu, Patrick McGeehan and Sean

CEO of Bloom Credit Union retiring in July

Would a digital dollar make FedNow obsolete?