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.” For more information, click here. For more information, click here.

Financial services 52

Financial services Financial Institution Manufacturing Loans 52

Burr Forman

AUGUST 24, 2020

cities, counties, and special purpose districts), hospitals, colleges and universities, manufacturing companies, and utilities. She represents commercial and real estate lenders as well as real estate developers and tenants. Judith practices primarily in the areas of commercial finance and real estate development.

Manufacturing 52

Manufacturing Lawyers Lender Government 52

Jimerson Firm

MAY 5, 2021

When a business defaults on a loan with the federal government, the government “lender” may report the business to credit scoring companies. Additionally, if the defaulting business has any federally held assets, including pending income tax refunds, those assets could be seized by the federal government lender in the event of default.

Collateral 98

Collateral Loans Government Debtor 98

Fico Collections

NOVEMBER 23, 2021

Armando has over 15 years of experience in financial services with a specialization in credit products for large lenders. Dinesh is an executive with more than 15 years’ experience across IT, manufacturing and banking who has used his engineering training and analytic skills to help solve complex design and process management problems.

Manufacturing 52

Manufacturing Banks Financial services Debt Management 52

Fico Collections

JUNE 8, 2023

Andrew: Lenders can now extend multiple offers to consumers and more of the consumer application process is now digitized and fulfilled before the customer even visits the dealer F&I office. Whereas a dealer is in one location, lenders deal with multiple regulatory destinations. We’re on the cusp of a very exciting future.

Lender 52

Lender Retail Acquisition Creditworthiness 52

Collection Industry News

JULY 12, 2022

The plunge in profit stems from lenders adding to their reserves for expected loan losses, a reversal from a year earlier when they benefited from reducing those cushions as anticipated pandemic losses failed to materialize and the economy strengthened. While data on Friday showed the U.S. TIME TO BUILD UP.

Banks 40

Banks Loans Manufacturing Lender 40

Burr Forman

AUGUST 24, 2020

She has acted as national counsel for several insurances and manufacturing clients to direct litigation strategy and ensure efficiency. Ginger Busby regularly represents clients in evaluating risk, developing strategy, and represents her clients in ligation.

Financial Institution 40

Financial Institution Manufacturing Fair Debt Collection Financial services 40

Fico Collections

OCTOBER 21, 2020

Rich Zellner: Customers have long researched new purchases online, but when coronavirus-related lockdowns started keeping people at home and out of showrooms, auto manufacturers and dealers quickly accelerated their digital transformation. Q: How has COVID changed the way that dealers sell cars? by Ken Kertz.

Manufacturing 52

Manufacturing Lender Government Loans 52

Fico Collections

OCTOBER 21, 2020

Rich Zellner: Customers have long researched new purchases online, but when coronavirus-related lockdowns started keeping people at home and out of showrooms, auto manufacturers and dealers quickly accelerated their digital transformation. Q: How has COVID changed the way that dealers sell cars? by Ken Kertz.

Manufacturing 40

Manufacturing Lender Government Loans 40

Debt RR

OCTOBER 13, 2019

It’s how lenders measure an organization’s available cash flow to pay off debt obligations, essentially a credit score for a business. DSCR is just one of many metrics lenders use to determine an organization’s ability to pay, however, it’s the most important. Debt-service coverage ratio (DSCR) is a vital corporate finance tool.

Debt Recovery 44

Debt Recovery Creditors Lender Loans 44

Credit Management Company

JUNE 4, 2019

While healthcare providers are most commonly associated with debt collection, lenders, manufacturers, service companies, retailers, contractors, and even independent contractors can benefit. Collection agencies help enhance the relationship between provider and patient so that patients are more likely to pay their bills.

Collection Agencies 60

Collection Agencies Collections Agency Collections Healthcare 60

Troutman Sanders

OCTOBER 28, 2021

For QMs under the General QM loan definition in Section 1026.43(e)(2), 5 or more percentage points for a subordinate-lien covered transaction with a loan amount less than $68,908.

Loans 52

Loans Credit Unions Credit Unions Consumer Credit 52

Fico Collections

JANUARY 8, 2021

Leslie Parrish, senior analyst at Aite Group, wrote that “Lenders that are looking to transform their lending to be more consumer-centric and efficient should look closely at what leading vendors offer in this space.

Acquisition 52

Acquisition Loans Financial Institution Lender 52

Burr Forman

AUGUST 31, 2021

John joins the firm from the South Carolina Manufacturers Alliance, where he served as the General Counsel and Vice President of Government Relations. Her practice will focus on representation of lenders in various financing transactions, including commercial real estate loans. John may be reached at (803) 753-3206 or jwall@burr.com.

Construction 40

Construction Government Manufacturing Education 40

Jimerson Firm

SEPTEMBER 13, 2021

List of notes payable outstanding as of the valuation date, including lender, original amount, interest rate, term, and covenants. Aged accounts payable lists nearest the valuation date. List of marketable securities and prepaid expenses nearest the valuation date.

Trade 52

Trade Lender Government Manufacturing 52

Collection Industry News

SEPTEMBER 29, 2020

million in light of the unprecedented financial distress being experienced by small businesses all across the county, including especially by small retailers and manufacturers, restaurants and services providers. million to $7.5 The increased debt limit, which became effective February 20, 2020, includes a one-year sunset.

Bankruptcy 45

Bankruptcy Creditors Debtor Lawyers 45

Troutman Sanders

SEPTEMBER 25, 2023

The guidance requires lenders to use specific and accurate reasons when taking adverse actions against consumers, meaning creditors may not simply use CFPB sample forms if they do not reflect actual reasons for denying credit or changed credit conditions. For more information, click here.

Financial services 52

Financial services Loans Banks Debt collector 52

Troutman Sanders

MAY 17, 2021

The bill “establishes temporary limitations on lenders’ remedies for borrowers’ failures to make payments on obligations secured by mortgages, trust deeds or land sale contracts for certain real property” due to “loss of income that is related to the COVID-19 pandemic.” On May 12, Oregon H.B.

Financial services 52

Financial services Foreclosure Collection Agencies Collections Agency 52

Troutman Sanders

JUNE 1, 2021

Department of Education, announced that the department will reverse a policy put in place during the Trump administration that blocked state and federal regulators from accessing records needed to investigate student loan lenders, servicers, and private collection agencies. For more information, click here. On May 27, U.S. On May 25, U.S.

Financial services 52

Financial services Government Foreclosure Loans 52

Troutman Sanders

OCTOBER 31, 2022

Mortgage lenders nationwide can access this tool through Freddie Mac’s automated underwriting system, Loan Product Advisor, beginning November 6. For more information, click here. On October 17, the Department of Veterans Affairs (VA) published a proposed rule in the Federal Register related to the Loan Guaranty Service.

Financial services 52

Financial services Student loans Student Loans Loans 52