Small Business Lending

Small business lending is a top priority for CBA’s member banks. CBA strongly believes small businesses are the lifeblood of the U.S. economy and we remain committed to improving the small business lending environment and process through pro-business legislation and regulation. Collectively, CBA’s member banks have over $200 billion in small business loans on their books, and remain committed to exploring innovative ways to address the needs of lenders and borrowers alike.
  • July 24, 2015
    Breaking News on CFPB Court Challenge According to a Bloomberg report , a Federal appeals court has revived the constitutional challenge to the CFPB. The ruling states a Texas bank can challenge the Bureau's powers even though the bank's conduct has not been subject to any enforcement. CFPB Shuffles Leadership With Steve Antonakes' planned departure, the CFPB announced two personnel changes on...
  • May 22, 2015
    Senate Banking Committee Passes Regulatory Relief Bill In the five years since Congress passed Dodd-Frank, CBA member banks have undergone significant transformation in response to this legislation, while still meeting the needs of the American consumer and small business. As you all know, however, Dodd-Frank is not perfect. Now is the time for Congress to address the unintended consequences of...
  • May 22, 2015
    CFPB Enters Into Consent Order with PayPal On Wednesday, May 20, 2015, the CFPB filed a complaint and proposed consent order in federal court against PayPal for allegedly enrolling consumers in its online credit product, PayPal Credit, illegally. The CFPB alleges PayPal deceptively advertised promotional benefits which it failed to honor, signed consumers up for credit without their permission,...
  • May 15, 2015
    REMINDER : Today is the deadline to apply to CBA Executive Banking School. Learn more... Discussion Draft Released for Senate Regulatory Relief Bill Last week, we noted the Senate Banking Committee could vote this week on legislation aimed at providing regulatory relief for small and regional banks (among other things). The vote has been postponed until next week, but Senate Banking Chairman...
  • April 24, 2015
    CFPB, FTC Bring Enforcement Action Against Green Tree Servicing On Wednesday, April 22, 2015, the CFPB and the Federal Trade Commission (FTC) entered into a preliminary consent agreement with Green Tree Servicing. The agencies allege the national mortgage servicer harmed distressed borrowers in violation of the Real Estate Settlement Procedures Act, the Fair Credit Reporting Act, and the Fair...
  • March 24, 2015
    The U.S. Small Business Administration has shown significant growth in helping small businesses, including sharp increases in their most common loan program. That was part of the takeaway from the 6th annual Consumer Bankers Association Live event in Orlando that runs from March 23-26, featuring more than 200 speakers and 90 hours of information sessions. “This past fiscal year, we have increased...
  • March 22, 2015
    The Consumer Bankers Association (CBA) will host nearly 1350 retail banking executives, including attendees from more than 65 national and regional banks at the Hilton Orlando Bonnet Creek in Orlando, FL from March 23 – 25, 2015, for CBA LIVE 2015: The Consumer Agenda, the premier annual conference for retail banking industry leaders. “With our biggest audience ever, this year’s CBA LIVE will...
  • February 6, 2015
    Wennes Rolls Out CBA's 2015 Legislative and Regulatory Agenda CBA's Board of Directors Chairman Tim Wennes unveiled our 2015 legislative and regulatory priorities to the media on February 4, 2015 at CBA's world headquarters. Tim covered the state of the retail banking industry, the depth and impact of our member banks on the economy, and the health of small business lending. I discussed our push...
  • January 22, 2015
    Introduction Loan sales can significantly benefit banks and other financial institutions, whether these organizations want to bolster their income by buying portfolios or free themselves up to issue more credit by selling them. However, sellers will need to be familiar with the current compliance environment, which is intricate and constantly evolving. Sales that fail to address and successfully...
  • June 20, 2014
    Whistleblower Sheds Light on CFPB Issues On Wednesday June 18, 2014, the House Financial Services Subcommittee on Oversight and Investigations held a hearing entitled: “Allegations of Discrimination and Retaliation within the Consumer Financial Protection Bureau, Part Three.” While this hearing mainly focused on whistleblowers’ allegations of employment discrimination at the CFPB, testimony by Mr...

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