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Underwriting Loans Banking Sector

Goodwin

It’s Time for a Fintech to Help Bank on Small-Dollar Lending in the U.S.

Goodwin on

As the U.S. wrestles with COVID-19, federal banking agencies are encouraging banks and credit unions to make responsible small-dollar loans to consumers and small businesses. Partnering with a financial technology company...more

Orrick - Finance 20/20

Advisory on Effective Risk Management Practices for Purchased Loans and Purchased Loan Participations

Orrick - Finance 20/20 on

On November 6, 2015, the Federal Deposit Insurance Corporation issued an Advisory (the “Updated Advisory”) (FIL-49-2-15) to update information contained in the FDIC Advisory on Effective Credit Risk Management Practices for...more

Davis Wright Tremaine LLP

Treasury Department RFI on Online Marketplace Lending Signals Potential Shift Towards Regulation of Small Business Loans

The Treasury Department recently issued a request for information to explore various aspects of “online marketplace lending.” The RFI seeks comment on a broad array of online financial services companies that lend not only to...more

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