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Top 5 Scores Posts of 2020: Keeping Credit Flowing During Uncertain Times

Fico Collections

The COVID-19 pandemic cast a huge shadow on the financial services worldwide. The FICO Blog posts last year reflected that – we wrote about everything from the impact on collections, proactive lender communications with consumers, issues with fraud, and of course, how FICO® Scores were impacted.

Lender 59
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Addressing Portfolio Risk in Economic Uncertainty: Part 1 (2022)

Fico Collections

Credit risk management veterans who responsible for consumer loan portfolio risk management through the Great Recession can recall managing the challenge of responding to swiftly changing borrower payment behavior and the resulting portfolio delinquency and default rate volatility during that time. FICO Admin. by David Binder.

Lender 52
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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. billion for nearly 92,000 borrowers.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

In its appeal, the SEC stated that it intended to seek certification of the court’s holding that certain “programmatic sales” over crypto-asset trading platforms in exchange for labor and services did not involve the offer or sale of securities. For more information, click here. 5 of 2020 (DP Law 2020). For more information, click here.

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Best Personal Loan Companies of 2022

Better Credit Blog

But even borrowers with average credit can get approved for some loans. Read on to see how they compare and make an informed decision as you shop for personal loans. Here are the 12 best personal loan companies you can check out today: Lending Tree. The most qualified borrowers could get an interest rate as low as 3%.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

The bill previously passed the House Committee on Financial Services on July 26. On July 27, the Consumer Financial Protection Bureau (CFPB) published a blog post addressing landlords and tenants. Per the blog, the U.S. Per the report, examiners found multiple instances of unfair or abusive acts or practices by servicers.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

The statement discussed the permissibility of certain crypto-asset-related activities for state member banks and how the Fed would apply the rebuttable presumption to those activities: Holding Crypto-Assets as Principal. For more information, click here. On January 26, U.S. For more information, click here. On January 25, U.S.