Todd Schwartz

Chief Executive Officer and Founder

Todd Schwartz is the chief executive officer and founder of OppFi.

Consumer lending

Small-dollar loans are a vital lifeline to many Americans

Characterizing them as 'schemes' unfairly impugns a service that cash-strapped consumers value and have come to count on.

By Todd Schwartz

February 6

TRENDING

Regulation and compliance

'Well-capitalized' banks keep failing; it's time for a reality check

What's the point of regulatory capital rules that ignore demonstrated problems, like unrealized losses? We need to rethink what banks' disclose to investors and regulators.

By Brian Graham

22m ago
Commercial lending

NYCB lays out revised strategy while warning of more near-term pain

The embattled Long Island bank unveiled a turnaround plan that involves selling noncore assets and diversifying its commercial loan book. But first, it will need to sort through credit-related challenges in its large commercial real estate portfolio.

By Polo Rocha

May 1
Monetary policy

Fed to start slowing balance sheet wind down in June

During this week's Federal Open Market Committee meeting, officials voted to lower the cap on the amount of Treasury securities that can roll off the central bank's books each month from $60 billion to $25 billion.

By Kyle Campbell

May 1