'Disaster': Consumer groups slam proposed responsible lending repeal

'Disaster': Consumer groups slam proposed responsible lending repeal

The new rules would strip the Australian Securities and Investments Commission off the oversight of responsible lending for the banks, leaving only the
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Banks surge on responsible lending wind-back

Non-bank lenders said the policy could help them make credit decisions faster with fewer manual processes, lifting competition in the market by
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Integrated Facilities Management (IFM) Market 2020 Technological Breakthroughs After COVID-19 …

The market research data included in the Global Integrated Facilities Management (IFM) … Real Estate Portfolio Management & Lease Administration
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Banks report steep drops in deferrals, but that could be bad news

Local banks are reporting steep declines in loan deferrals. But it isn't clear if the drop is due to borrowers getting back to health or if time has simply
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USD142 Bil. of Bank Debt at Elevated Risk of Losing Investment Grade

Our potential fallen angel analysis focuses on 'BBB-' rated bank bonds, which make up 10% of total bonds, for the largest banking groups in North
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Deep Dive: How The Pandemic Is Changing Cloud Compliance Rules And How FIs Can Keep Up

Most banks are familiar with how quickly regulatory requirements can … changes mean for the future use of cloud-native core banking infrastructure.
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Another central Pa. bank announces branch closings

Last year, Orrstown Bank announced the consolidation of five branches. Between the bank's six branches it is consolidating soon and the five banks it
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Watch live: Mnuchin, Powell testify before Senate Banking panel

The Senate Banking, Housing, and Urban Affairs Committee is set to hold a hearing Thursday morning with Treasury Secretary Steven Mnuchin and
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Are Americans doing better or worse economically than they were 4 years ago?

When the housing bubble burst and home prices began to fall, many buyers lost their homes to foreclosure. (And some major financial institutions either
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Harley-Davidson Exits India in Latest Setback

Follow Bloomberg on Telegram for all the investment news and analysis you need. Harley-Davidson Inc. is pulling out of India, another major setback to
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Hayne overruled as banks win responsible lending stoush

The major banks have won the argument that responsible lending has … to reduce red tape for lenders and increase the flow of credit to consumers
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Embrace Home Loans Donates Masks to Local Schools in Rhode Island

MIDDLETOWN, R.I., Sept. 24, 2020 /PRNewswire/ — Embrace Home Loans, a top-ranked national mortgage lender, has donated over 9000 facial masks
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New real estate agency coming to Birdtown

Mitchell Realty, a full-service, licensed real estate brokerage, will begin operating near the downtown plaza at 4614 41st 1/2 Ave. N. in a few short
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Bidgely Secures US$8 Million Financing from CIBC Innovation Banking to Accelerate Growth

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–CIBC Innovation Banking is pleased to announce a US$8 million growth capital financing for
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Real estate brokerage Redfin expanding Frisco offices in 2021

The real estate brokerage opened its Frisco office at Hall Park in June 2019. Around 38,000 square feet will be added, bringing the office's total square
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Bank Promoting Bowen

Jess Bowen has been promoted to assistant vice president of retail banking at Bank of Washington, according to an announcement from L. B.
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Mortgage holders falling through gaps in safety net

Homeowners with loans not backed by government-sponsored mortgage-finance companies such as Fannie Mae and Freddie Mac can also request
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JPMorgan faces record spoofing penalty near $1B

The bank is expected to admit wrongdoing, but the settlement could allow JPMorgan Chase to avoid prosecution and suffer no restrictions on its
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Real Estate Development Market Rising Trends and Technology 2020 to 2026

The recent study on Real Estate Development market contains a comprehensive analysis of this business sphere, with regards to the key growth
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Alternative Lending Market Experiencing Rapid Growth by World Lending Club, Prosper, Upstart …

The Alternative Lending market has been changing all over the world with immense growth potential in terms of revenue generation and we have
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