Square wants to become more like a bank Courtesy of Square Square, the payments company co-founded by twitter ceo jack Dorsey, plans to apply on Thursday for a license to be an industrial loan company, as American Banker first reported on Wednesday and the company has confirmed to Axios.
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· In the wake of the #MeToo movement, lawmakers nationwide proposed legislation with expressed goals of preventing future sexual harassment scandals. Many proposed bills expired in
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Freddie Mac: Mortgage rates barely waver, move lower Current Mortgage Rates for Thursday, April 6, 2017. April 6, 2017.. Mortgage rates barely above 2017 lows in Freddie Mac PMMS. The Freddie Mac Primary Mortgage Market Survey. It’s definitely possible that rates move higher, so the safe play would be to lock now..
Online lending startup SoFi, a fintech success story worth billions, withdrew its application for a bank license last month after a sexual harassment scandal prompted the departure of cofounder.
Mike Cagney, the SoFi founder who was ousted from the company three months ago after allegations of sexual harassment. s chief executive stepping down, is dashing its chances of becoming a bank.
eradicate and prevent harassment. Up-to-date compliance policies, appropriate training that includes all levels of an organization, including its board, a confidential reporting system and individual.
City council to vote on Richmond eminent domain proposal MountainView IPS appoints christopher kennedy managing director – Appraisal Systems, the company managing the reval, has made an updated list of proposed assessments available online. [UPDATE: The online version of the assessments has been taken down, but you can download an Excel list at this link.] As expected, homeowners in Downtown Jersey City will be hit with significant property tax increases.Mayor Bloomberg’s plan to redevelop gritty Willets Point in Queens is "doomed" unless the city guarantees it will not use eminent domain to take people’s land, a majority of the City Council. vote.
SoFi Co-Founder and CEO Mike Cagney to Step Down by Year End. It has been a bad few weeks for SoFi. Back in August there was the news of a sexual harassment lawsuit from a former employee. Before that there had been several senior executive departures, we have had a class action lawsuit and one of Silicon Valley’s most valuable and revered.
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Trade groups balk at FHFA attempt to redefine Home Loan Bank membership (Check One): Cerberus Mortgage Capital, Inc. is a newly-organized Maryland corporation formed primarily to invest in, finance and manage a diversified portfolio of residential mortgage assets.
At SoFi, it took just a month after an allegation of sexual harassment at the. To do that, the company needs regulators to grant it a state bank charter and federal. The Federal Deposit Insurance Corp. does not comment on pending applications.. Cagney's resignation was spurred by a lawsuit filed Aug.