Oct 12, 2020 | Claims and Disputes, Financial Services, Regulatory Compliance, Webinars
Please join us for a fireside chat with Brian Brooks, acting Comptroller of the Currency, who will be interviewed by Walt Mix, a managing director and head of the Financial Services practice at BRG. We will also feature a multidisciplinary panel of BRG experts who...
Sep 25, 2020 | Claims and Disputes, COVID-19 Recovery Funds, Financial Services
Second quarter 2020 COVID-19’s adverse impact on loan performance and current Coronavirus Aid, Relief, and Economic Security (CARES) Act financial reporting and disclosure relief arrived simultaneous to the implementation of the controversial Current Expected Credit...
Sep 16, 2020 | COVID-19 Recovery Funds
The Actual Impact of COVID and PPP Proceeds To apply for and obtain a loan under the Paycheck Protection Program (PPP), applicants needed to certify that “[c]urrent economic uncertainty makes this loan necessary to support the ongoing operations of the...
Aug 17, 2020 | COVID-19 Recovery Funds, Government Contracting
The CARES Act authorizes the government to reimburse qualifying contractors for the costs of providing certain paid leave to employees as a result of the COVID-19 pandemic. The Defense Pricing and Contracting resource page provides information regarding reimbursement...
Aug 10, 2020 | Claims and Disputes, COVID-19 Recovery Funds, Financial Services, Regulatory Compliance
Servicing of consumer finance loans has been an “in-person” activity historically, with the ability to physically wave a hand or raise a flag and have a supervisor walk over to assist with a particularly nettlesome customer issue. Moreover, handoffs between different...
