Borrower Eligibility News Today

USDT, Board of Governors of Federal Reserve System, and Federal Deposit Insurance Corporation, collectively with the Treasury and FRB, took several actions in effort to contain the fallout from recent failure of two insured depository institutions including deposits and BTFP

Beginning last week and continuing over this past weekend, there were several key developments from federal regulators related to failure of Silicon Valley Bank SVB, Signature Bank, broader issues of FDIC deposit insurance protections and current bank liquidity challenges.

Here in Louisville, at AgFirst’s Correspondent Lending Conference, much of the discussion involves going after builder business (“focusing on how fast they get paid so they can pay their subs”), rural programs (“know how to communicate with your clients, or else”), top producer success (“treat your processor like royalty, and fill out the information correctly in the first place,” “set boundaries,” “sell yourself, not rates&#x...