Banker's Toolbox Announces — ACQUISITION OF LOAN LOSS RESERVE POWERHOUSE, MAINSTREET TECHNOLOGIES
Banker's Toolbox, Inc., leaders in compliance solutions for financial institutions, announced the acquisition of Georgia-based MainStreet Technologies (MST). MST is an industry leader in the loan risk management space. This acquisition adds to a strong and growing portfolio of compliance-related solutions and will continue to enhance the value Banker's Toolbox brings to both their customers and the industry. (Read full press release here.)
Puerto Rico housing authority to pay $885K for discrimination
An agreement has been negotiated by HUD between the Puerto Rico Public Housing Authority (PRPHA) and residents of the housing authority with disabilities. The agreement resolves allegations that the El Trebol public housing development was inaccessible to persons with disabilities for more than a year because of inoperable elevators. Under the terms of the agreement, PRPHA will spend $884,640 to repair existing inoperable elevators and install six new elevators, and pay $23,760 to the four residents who filed the initial complaint. In addition, $32,400 will be paid to 16 other residents with disabilities who were harmed by the prolonged elevator outages.
- HUD press release