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In Cross River Consent Order, FDIC Focuses on Marketplace Lending and Third Party Lending Issues

The Federal Deposit Insurance Corporation (“FDIC”) recently entered into a consent order with Cross River Bank (“CRB”) addressing what the FDIC considered to be unsafe and unsound banking practices associated with CRB’s fair...more

5/17/2023  /  Banking Sector , Banks , Fair Lending , FDIC
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