Alvaria, Inc.’s Post

Check out the recent Law360 Expert Analysis where my colleagues, Moorari Shah, Mehul Madia, and Moriah Dworkin provide a California-specific banking sector update for Q2, including: a push to extend consumer protections to commercial financing; expansion of the Rosenthal Act to small business debts; and proposed bans on medical debt reporting. Additionally, California penalized a student loan servicer for regulatory non-compliance, reflecting a trend towards stricter enforcement. Sheppard Mullin Richter & Hampton LLP #consumerfinance #fintech #banking #consumerprotection #dfpi #cfpb #california

Pondering the distinctions between DTI and DSCR?🤔 Put simply, DTI applies to personal qualifications in residential lending, while DSCR pertains to property qualifications in commercial lending. Are you eager to explore these dynamics in depth? Join us in class!🫡 #LoanQualification #DebtToIncome #DebtServiceCoverageRatio #ResidentialLending #CommercialLending

Breaking News | The Consumer Financial Protection Bureau (CFPB) has proposed a rule to protect consumers by removing medical bills from credit reports. The rule would prevent credit reporting companies from sharing medical debts with lenders and prohibit lenders from making decisions based on medical information. The CFPB’s goal is to address the burden of medical debt and coercive credit reporting practices. More information can be found here: https://lnkd.in/e6isw9bx #lawyers #medicaldebt #creditreports #creditreporting #creditbureau #cra #regulations #regulators #washingtondc #debtcollection #law #attorneys

For all Credit needs whether it be personal credit credit or business credit comment Recoup if you’re looking for a personal funding or business funding, we can assist with those matters as well We are also partnered up with a legal team. Attorneys can also help you in the event you would like to sue or you’re being sued. We can assist with those matters properly fill out an intake form to see if the requirements and we can go from there. IF YOUR CREDIT STARTS WITH 3,4,5,6, let’s work to recoup your wealth and get you in the 700 club All negative and delinquents must be worked on before adding positive accounts Your personal information section is how the verified and validated you so as I always say one name one address one dob old employment old address must go ❌❌❌ YOU ADD TRADE-LINES LASTLY NO FIRST These are some results that we got to off the consumer report and they should be ready for funding. NOW LIKE SHARE FOLLOW #THECREDITYODA #RECOUPYOURWEALTH #THERECOUPWAY #THEYODAWAY #recoupenterprisesllc #CREDITCARDDEBT #Creditscoreincrease #EXPERIAN #CREDITKARMA #CREDITRESTORATION #CREDITEDUCATION #STUDENTLOANS #AUTOLOANS #MORGAGELOANS #FORECLOSURE #homeloan #valoan #carloan #cfpb #ftc #Vantangescore #credittips #forbbearance

Turn CRA, HMDA and Fair Lending compliance into a competitive advantage. Make more informed lending decisions and attract and retain customers. https://ow.ly/5yK150PSuOF #ComplianceSolutions

A great piece on front-end market trends for call protection and make-whole premiums. We also focus on how our clients can avoid pitfalls in chapter 11. Much of the ink spilled has focused on unsecured debt (Ultra & Hertz). As we wrote in 2022, secured creditors have different (and better) rights. https://lnkd.in/d75RQb9n

Loan Officers! TOMORROW, December 15th is a key CE date. We have already passed the SMART Deadline. The NMLS highly recommends you complete your CE before Dec 15th. Why? Beyond Dec 15th you begin to run the RISK of your education not being processed in time. MEC Students, you can access your CE courses until December 29th, but after that, access will be closed. #LoanOfficers #ContinuingEducation #NMLS #CEDeadline #MortgageProfessionals #SMARTDeadline #CareerGrowth #EducationMatters #NMLSCompliance #ProfessionalDevelopment

From the CFPB's enforcement on BigTech to investigations on the FDIC's workplace culture, there were several banking developments last month, as Senior Legal Analyst Katalina Bianco discusses in her Strategic Perspective. Bianco reviews how the FTC fined personal finance app Bridge IT, Inc. over misleading student loan claims, and highlights the coalition that urged the insurance industry to address climate change pressures. To read further, visit: https://bit.ly/46MYrLj #VitalLaw® #bankinglaw #legalnews

In recent years, sponsors have increasingly utilized their market power to restrict the extent of call protection that may be payable, the applicable time period, and the triggers for payment. Explore the latest edition of Proskauer’s Private Credit Deep Dive, where members of our award-winning Private Credit Group offer detailed insights into the structuring of call protections in the current lending environment and how sponsors approach them in their direct lending transactions. https://bit.ly/49C83ep #Proskauer #privatecredit #privatecapital

We are delighted to highlight LIC's Yuva Credit Life, a remarkable term insurance plan crafted to offer robust financial protection against loan liabilities. This plan stands out for its thoughtful design, ensuring that your loved ones are safeguarded from the burden of outstanding loans in the unfortunate event of your passing. With its focus on covering loan liabilities for housing, education, and vehicles, LIC's Yuva Credit Life provides peace of mind, knowing that your financial commitments are well taken care of. The decreasing term assurance feature aligns perfectly with the reducing loan balance, making it a practical and efficient choice. We truly appreciate the comprehensive coverage and flexibility this plan offers, including various premium payment options. It's a testament to LIC's commitment to providing innovative and customer-centric solutions. If you are looking for a reliable way to protect your family from financial strain, LIC's Yuva Credit Life is an excellent option to consider. #insurance #lic #terminsurance #cover #protection #risk