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Retail sales stage a comeback in May, but the hole remains deep

Retail sales stage a comeback in May, but the hole remains deep Visa economists break down the latest trends among consumer behaviors in their June Monthly Consumer Monitor report. Visa economists...

Jun 26, 2020
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Article

FDIC codifies 'valid when made' doctrine

FDIC codifies 'valid when made' doctrine The FDIC issued an ICBA-supported rule codifying agency guidance that the valid interest rate for a loan is determined when the loan is made and is...

Jun 26, 2020
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Article
Lending

SBA updates PPP guidance on maturity dates, fishing boats

SBA updates PPP guidance on maturity dates, fishing boats The SBA updated its frequently asked questions on the Paycheck Protection Program with guidance on maturity dates. The SBA updated its...

Jun 26, 2020
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Article

GAO: $1.4B in stimulus payments to deceased people

GAO: $1.4B in stimulus payments to deceased people The Government Accountability Office's report on the federal COVID-19 response reported that the IRS sent nearly $1.4 billion in Economic Impact...

Jun 26, 2020
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Article
Crisis Preparedness Lending