Jimerson Firm

APRIL 22, 2021

Watch Now: Critical Construction Contract Provisions Webinar. Catch Up on our Banking & Financial Services Industry Blog Series for SBA Lenders. Managing Partner Moderates Legal Panel for Banking & Financial Services Industry. Partner’s Perspective: Choosing to Be an Ambassador of Fun and Happiness.

Construction 40

Construction Financial services Lender Banks 40

Fraser

JUNE 25, 2020

In some cases, the debtor’s pre-petition lender becomes the DIP lender, and in other cases a new lender, or syndicate of lenders, steps in and tries to “prime,” or supersede, an existing lender’s lien to the extent of DIP financing extended to the debtor. Walton, Jr.’s

Creditors 72

Creditors Bankruptcy Unsecured Creditor Debtor 72

Jimerson Firm

MAY 17, 2021

In order to maintain a foreclosure action against a borrower, lenders must ensure they can establish “standing”. Standing is a fundamental requirement for a foreclosure, as lenders who desire to initiate a foreclosure proceeding are required to have standing. PNC Bank National Association, 239 So. Wells Fargo Bank, N.A.

Foreclosure 52

Foreclosure Lender Judgment Banks 52

Hudson Weir

SEPTEMBER 11, 2023

According to the British Business Bank , there was a 12.8% increase in gross bank lending to SMEs between 2021 and 2022. In total, banks provided £65.1bn in loans to small companies with more likely to have gone to larger businesses too! But what’s the difference between secured loans and unsecured ones? What is a secured loan?

Loans 52

Loans Collateral Secured Creditor Unsecured Creditor 52

Fraser

JULY 21, 2020

s legal practice focuses on cases arising from commercial transactions, the Uniform Commercial Code, the federal and state securities laws, banking laws and bankruptcy litigation. Walton, Jr.’s

Creditors 56

Creditors Bankruptcy Debtor Construction 56

Jimerson Firm

MAY 25, 2021

In every foreclosure action, the foreclosing lender will be required to publish some sort of legal advertisement or notice in a newspaper (e.g. Since publishing a legal notice concerning a foreclosure action is inevitable, it is imperative for lenders to know how to do so properly. the Notice of Foreclosure Sale). Conclusion.

Foreclosure 52

Foreclosure Lender Judgment Construction 52

Fico Collections

MAY 24, 2022

Let me give you one real-life example of this from Bradesco, a FICO customer and one of the largest private banks in Brazil. To achieve this, they've clearly stated that any bank, any insurer or any investor or other financial firm needs to have policy around how they manage their operations and investments to get to this net zero state.

Banks 52

Banks Lender Construction Financial Institution 52

Fraser

SEPTEMBER 28, 2020

s legal practice focuses on cases arising from commercial transactions, the Uniform Commercial Code, the federal and state securities laws, banking laws and bankruptcy litigation. Walton, Jr.’s

Bankruptcy 52

Bankruptcy Creditors Debtor Construction 52

Hudson Weir

FEBRUARY 28, 2023

This company property can be anything from equipment and constructions to apparatus, vehicles, and intellectual property. Secured creditors include leasing companies and banks. Usually, a bank will only lend if the borrower puts their signature on a document allocating security to the arrears.

Unsecured Creditor 52

Unsecured Creditor Secured Creditor Creditors Construction 52

ABI

JANUARY 19, 2024

John’s University School of Law American Bankruptcy Institute Law Review Staff An unpaid secured lender with a prepetition mortgage does not have a right to receive payment of proceeds from a postpetition sale of real property. In 2017, Allegiance Bank loaned Burts Construction, Inc. Gabriel Eckstein St.

Secured Creditor 40

Secured Creditor Bankruptcy Debtor Collateral 40

Payment Savvy

SEPTEMBER 5, 2024

The following post will define fintech, discuss the types of companies involved, and comment on how this new industry fundamentally changes the face of banking, investment, and doing business. This has come to mean everything from banking and insurance to investments. What Does Fintech Mean?

Financial Institution 52

Financial Institution Banks Financial services Loans 52

Troutman Sanders

DECEMBER 30, 2020

This money will be used for Public Facilities in Polk County including, the acquisition of property for a congregate emergency shelter, improvements to publicly or nonprofit owned buildings, and the acquisition, construction, rehabilitation, or installation of public facilities. and all applications must be in by 5:00 p.m.

Acquisition 52

Acquisition Construction Banks Lender 52

Troutman Sanders

AUGUST 7, 2023

According to the press release, “[t]he loan program improvements will increase small businesses’ ability to access funding to start up and grow through a broader network of lenders with streamlined lender procedures.” Banks reported that lending standards are currently on the tighter end of the range for all loan categories.

Financial services 52

Financial services Financial Institution Manufacturing Loans 52

Troutman Sanders

DECEMBER 4, 2023

On December 1, the House of Representatives approved a resolution to repeal a Consumer Financial Protection Bureau (CFPB) rule that mandated banks to gather data on loan applications from women-owned, minority-owned, and small businesses to help lenders identify business development needs and opportunities. on June 5-7, 2024.

Financial services 52

Financial services Collateral Banks Trade 52

Taurus Collect

MARCH 5, 2024

Seek Professional Advice: Financial advisors or credit counseling services can offer strategies and negotiations skills to handle debt collections constructively and legally. Structuring a payment plan can prevent further actions and lessen financial strain.

Debt collector 52

Debt collector Asset liquidation Debtor Education 52

Collection Industry News

OCTOBER 21, 2022

LONDON, Oct 21 (Reuters) – Owners of Britain’s largest malls, skyscrapers and industrial hubs face hikes in borrowing costs and a recession that could depress prices by up to a fifth, forcing lenders and investors to reassess their appetite for commercial property. Bellwethers like Land Securities (LAND.L), British Land (BLND.L)

Retail 40

Retail Lender Loans Acquisition 40

Fico Collections

JANUARY 11, 2023

From diversity in AI to the film Highlander to transformative banking experiences, these decision management topics pointed the way to the future. He cited a real-life example of this from Bradesco, a FICO customer and one of the largest private banks in Brazil. Top 5 Decision Management Posts of 2022: AI and Digital Jane.

Government 52

Government Banks Financial Institution Construction 52

Jimerson Firm

JANUARY 11, 2023

Once these properties began to be improved with commercial and residential developments, these rights raised significant issues for developers and their lenders. This included the right to drill, mine and excavate these interests.

Lender 52

Lender Education Government Construction 52

Collection Industry News

NOVEMBER 24, 2024

Economic Outlook, the Economics Group of Wells Fargo Bank puts the 30-year conventional mortgage rate at 6.3% The FOMC and mortgage lenders often react similarly to economic factors like inflation and employment, and lenders tend to “price in” anticipated rate cuts.

Construction 40

Construction Loans Lender Trade 40

Collection Industry News

MAY 9, 2022

In these instances, companies typically work constructively with the CFPB to make quick fixes and come into compliance. Part of that settlement required TransUnion to pay $13.9 Despite this settlement, by May 2019, CFPB examiners informed TransUnion that it was still violating multiple requirements of the order.

Financial services 40

Financial services Construction Credit Bureau Lender 40

Jimerson Firm

JANUARY 25, 2021

When underwriting and servicing SBA loans, it is important for lenders and CDCs to ensure appropriate insurance coverages are in place to protect the collateral. Lenders and CDCs are required to ensure that all collateral with a recoverable value is adequately insured in order to protect the ability to recover on the SBA loan.

Loans 98

Loans Collateral Lender Construction 98

Jimerson Firm

SEPTEMBER 28, 2020

If a defendant cannot be located, then service may be effected by constructive service, i.e., service by publication, which is governed by Chapter 49, Florida Statutes. Before a defendant can be served by constructive service, the plaintiff must make a diligent search and inquiry to locate the defendant. Deutsche Bank Tr.

Foreclosure 98

Foreclosure Construction Judgment Lender 98

Burr Forman

DECEMBER 4, 2020

Financial institutions, servicers, lenders, and debt collectors must stay up-to-date on evolving federal and state laws stemming from the COVID-19 pandemic, as such laws impact all facets of consumer loan servicing and debt collection. Landlords may go to small claims court to recover missing rent, but not until after March 1, 2021.

Financial Institution 52

Financial Institution Garnishment Collections Foreclosure 52

Troutman Sanders

MAY 17, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge.

Financial services 52

Financial services Foreclosure Collections Agency Collection Agencies 52

Burt and Associates

FEBRUARY 3, 2025

The Rise in Business Borrowing The Global Findex Database reports that in 2021, nearly 45% of small businesses relied on credit to finance operations , with many turning to banks, alternative lenders, and trade credit. Alternative lenders charge higher interest rates, increasing the risk of long-term financial strain.

Commercial Collection 52

Commercial Collection Collections Agency Collection Agencies Debt Recovery 52

ABI

FEBRUARY 26, 2025

2] During this time, the father-son pair deposited funds into a single bank account that comingled investor funds with EPDs operating funds. [3] 3] EPD offered a bill-pay service, in which EPD alleged to make payments on behalf of lenders. [4] Pressman and his son, Keith Pressman, owned and operated EPD Investment Co., LLC (EPD). [2]

Chapter 7 bankruptcy 40

Chapter 7 bankruptcy Bankruptcy Lender Creditors 40

Collection Industry News

MARCH 2, 2021

Such comments could influence Republican lawmakers weighing how to vote on his nomination, and could make for a heated confirmation hearing Tuesday when the Senate Banking Committee questions him as well as the administration’s nominee to run the Securities and Exchange Commission, Gary Gensler. Bloomberg News.

Lender 40

Lender Student Loans Student loans Banks 40