March 15, 2025

Consumer Lending

Loans

Survey finds bankers newly upbeat on loan growth

Jerome Powell, chair of the Federal Reserve.Samuel Corum/Bloomberg Bankers are confident in their ability to drive loan growth, despite a slow start to the year and lingering uncertainties about the direction of interest rates. That’s the prevailing theme from the S&P Global Market Intelligence second-quarter 2024 U.S. Bank Outlook Survey, released this week. The firm

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Loans

Judge deals blow to Colorado’s crackdown on high-cost loans

U.S. District Judge Daniel Domenico issued a preliminary injunction that prevents Colorado from enforcing its interest rate cap on any out-of-state community bank or fintech members of trade groups that sued to block a 2023 state law.Adobe Stock The state of Colorado has taken a hit in its effort to impose an interest rate cap

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