Tag - commercial lending

CFPB Unveils New Regulatory Framework to Assist Homeowners Facing Financial Hardships

Proposal Emphasizes Servicer Flexibility and Enhanced Borrower Support The Consumer Financial Protection Bureau (CFPB) has introduced a set of proposed regulations designed to alleviate the burdens of homeowners struggling with mortgage payments. Central to these proposals is a shift towards greater flexibility for mortgage servicers and...

The Importance of Good Business Credit and the Advantage of DIY Tools

In the dynamic world of business, maintaining good credit is more than just a financial responsibility—it’s a strategic imperative. Whether you run a startup or manage an established enterprise, having robust business credit can open doors to new opportunities, essential funding, and better terms from...

What is the Federal Reserve’s SLOOS Report?

Why is it important? The Senior Loan Officer Opinion Survey on Bank Lending Practices is a survey conducted by the Federal Reserve to gain insight into bank lending practices and conditions. The voluntary survey polls up to 80 large domestic banks and 24 branches of international...