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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On November 9, the Department of Education (DOE) announced its plan to implement an oversight strategy of federal student loan servicers that provides several pathways for identifying problems that can harm borrowers, in real-time. For more information, click here. For more information, click here. For more information, click here.

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Top 5 Customer Development Posts of 2020: COVID and Beyond   

Fico Collections

FICO’s suite of interconnected Acquisition, Origination, and Growth capabilities for Telecommunications helps organizations do exactly that. If you’re interested in making smarter, faster acquisition and retention decisions, we’d love to talk with you. . #2. FICO Loan Origination Solution Awarded Best-In-Class.

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Finding Business Opportunities From COVID-19

Fico Collections

Similarly, in the manufacturing industry there is now stronger demand for digital connectedness. However, these partnerships need to be expanded beyond just data and customer acquisition. To be clear, this is not only about efficiency in lending. Many businesses had already begun exploring this and COVID-19 has only fast-tracked it.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

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. On May 27, the Consumer Financial Protection Bureau (CFPB) published a report that provides new insights into manufactured housing financing.

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15 High Dividend Stocks with 5%+ Yields

Credit Corp

During the pandemic, the REIT rightly halted acquisitions and development projects, and reduced expenses, as it focuses on improving its financial position and liquidity. Management believes, post-pandemic, investments in acquisitions, re-development, and development projects can drive returns of at least 10%.

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What is a Debt Ratio and why it’s a Key Financial Metric

Debt RR

Unsecured business loans, like SBA loans and lines of credit. It’s not uncommon for capital-intensive industries, like manufacturing and finance, to have high ratios compared to other industries. If the number drops too low, it can signal to investors or competitors that the company could benefit from an acquisition or buyout.