Bad debt manager China Cinda to help top regulator tackle peer-to-peer lending risks

Bad debt manager China Cinda to help top regulator tackle peer-to-peer lending risks

Several hundred P2P lending platforms have collapsed in the past few months, sparking several protests by investors who have lost their money and
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Personal loans driving Brazil lending growth

Brazil's financial system saw lending expand in the 12 months through July as loans to individuals offset a decline in loans .
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Banks as potentially crooked secret keepers

Banks as potentially crooked secret keepers. Tim Jackson, Laurence Kotlikoff 30 August 2018. Financial crises have historically been triggered by
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Freddie Mac's Portfolio up 3.2 Percent for Year

Freddie Mac reported today that its total mortgage portfolio increased at an annualized rate of 3.5 percent in July. The portfolio balance at the end of
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After Three Weeks of Declines, Mortgage Rates Back on the Rise

However, despite the economy in the second quarter expanding at its fastest rate in nearly four years, Freddie Mac is still expecting only a slight
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Old Republic adds board member

The company's newest addition to the board “brings extensive general … board and management team, particularly in real estate and title insurance.”.
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UPDATE 1-Britain's biggest payday lender Wonga collapses

LONDON, Aug 30 (Reuters) – Britain's biggest payday lender Wonga Group collapsed on Thursday, saying it had decided to put its UK operations into
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Britain's biggest payday lender Wonga halts new loan applications

British payday lender Wonga has stopped accepting new loan applications, according to its website, amid questions over its survival just weeks after
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Ipswich BS updates lending criteria

The Ipswich Building Society has updated its lending criteria for applicants with investment income or pension expenditure. The Society will now take
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Relaxed Commercial Lending Terms Drove Loan Volume Across US Banking Industry In Q2

It should be noted that card lending has grown at a rapid rate over recent quarters as upbeat consumer sentiment has increased the risk appetite
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Tesla's Crown Jewels Might Help It Land the Next Round of Cash

Now that Elon Musk's quixotic bid to take Tesla Inc. private is dead, the hand-wringing over when he'll raise fresh financing has begun anew.
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Housing market more affordable in Lloydminster

Lloydminster has been ranked as one of the more affordable housing markets in Alberta, according to real estate company Zoocasa. The city is 19 on
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Volusia Business News: Housing market isn't cooling off, either

When we last dived into the housing market in May, it was a hot one and, as the summer winds down in East Central Florida, calendar-wise, the
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BSTDB lending 40 mln euro to Alpha Bank Romania to back SMEs

BUCHAREST (Romania), August 30 (SeeNews) – The Black Sea Trade and Development Bank (BSTDB) said on Thursday it is providing 40 million
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Exclusive: Relendex targets £100m lending next year in major expansion push

Relendex is expecting to complete £100m of lending next year – a sum which would be three times the total it has lent in its whole time to date.
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5 Retirement Lessons Learned From the Great Recession

Ten years ago, retirement dreams became nightmares. Stocks plunged as the government took over Fannie Mae and Freddie Mac, Lehman Brothers
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Mortgage Rates Rise Slightly

“The 30-year fixed-rate mortgage barely inched up this week, continuing the summer trend of essentially being flat,” said Sam Khater, Freddie Mac's
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Mortgage rates hold steady heading into the holiday weekend

According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average moved higher for the first time in nearly a month, rising
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Averaged 30-year mortgage rate inches up to 4.52 percent

Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-rate mortgages rose slightly to 4.52 percent from 4.51 percent last
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Heritage Federal Credit Union announces New VP of Lending

Richard Starley has joined the Credit Union as the new Vice President of Lending. Mr. Starley has over 20 years of executive level consumer,
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