Commercial banking

The Consumer Financial Protection Bureau extended the deadline for lenders with the highest volume of small-business loans to July 18, 2025, and will not assess penalties for reporting errors for a year.

Also, 3.3% of the pool are closed-end loans with second lien priority underwritten with various documentation methods.

Nic Beique is the Founder and Chief Executive Officer of Helcim, a payments company that delivers an easier, smarter, and more affordable payment experience with a human touch.

He is a technical founder with over fifteen years of payments experience and a deep passion for team culture, marketing, and product. His track record includes developing payment platforms for both SMBs and Fortune 500 companies.
 
He has been recognized for his contributions to the payment industry and tech economy in Canada as the EY Entrepreneur Of The Year Prairies Technology overall.

Driven by his early encounters with remote work challenges, Boston-based CEO Sean Nolan co-founded Blink. This all-in-one "super-app" empowers frontline workers with the digital tools, connections, and resources they need on their personal phones. Blink bridges the gap between management and millions of individuals across industries, from bus drivers to healthcare workers, fostering engagement, belonging, and a 26% reduction in staff turnover. With over 300 clients, including Stagecoach and Domino's, and used seven times daily by 300,000+ workers, Blink is revolutionizing the frontline experience, one tap at a time.

But those in opposition are still giving the agency props for how it carried out the new product approval process for the first time.

Home price appreciation and favorable economic factors have led to consistent loan performance, but prepayments are increasing with an uptick in housing turnover, according to Morningstar DBRS.