Elevate Expresses Full Support for CFPB Small Dollar Lending Rule

Elevate Expresses Full Support for CFPB Small Dollar Lending Rule

FORT WORTH, Texas–(BUSINESS WIRE)–Ken Rees, CEO of Elevate Credit, Inc. (“Elevate”), a leading tech-enabled provider of innovative and
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Tropical Storm Nate Threatens Oil Rigs in the US Gulf

Tropical Storm Nate has formed off of Nicaragua, threatening to inundate Central America, shut oil and gas rigs in the Gulf of Mexico and damage
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Freddie Mac Prices Third SCRT Deal of 2017

View complete news release for Freddie+Mac+Prices+Third+SCRT+Deal+of+2017 – OTCMarkets.com.
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Senate Confirms Ex-Carlyle Executive Randal Quarles as Fed Vice Chairman

Randal Quarles was approved by the U.S. Senate as the Federal Reserve's first-ever vice chairman for supervision, a post that would give him a
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Sessions Relaunches Bush-Era Crime-Fighting Plan

Washington (AP) — Attorney General Jeff Sessions is reviving a Bush era crime-fighting strategy that emphasizes aggressive prosecution of gun and
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In Defense of Adjustable-Rate Mortgages

CNBC reports: “The number of adjustable-rate mortgage originations jumped just over 40 percent from the first quarter of this year to the second,
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Judge Orders Bank of America to Redo Settlement in Mortgage Dispute

The couple's trouble with the bank traces to March 2009, when they stopped making mortgage payments after Bank of America officials said they
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Is The Housing Market Rally Over? Or More Room To Run?

SAN JUAN, PUERTO RICO – SEPTEMBER 21: Property damage in the Vietnam suburb the day after Hurricane Maria made landfall, September 21,
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Groupthink Leaves Half the Stock Market a Crowded Trade

You may think the rotation away from technology megacaps has made the stock market a safer place. New research says you'd be wrong. All year, a
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SPS grew its servicing rights 14% by targeting nonagency market

Select Portfolio Servicing grew its mortgage servicing rights portfolio by over 14% in the second quarter by targeting opportunities in the nonagency
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Trump Slows Efforts to Cut Health-Care Costs

In April 2016 the federal Medicare program began an experiment to save money on the half-million hip and knee replacements it pays for each year.
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Online lender Earnest sells to Navient, in a disappointing deal for investors

Earnest was hardly alone in its struggles to turn the business of lending to a younger, more educated demographic, into a sustainable business.
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LEASES: Microbrewery takes space in Queens, Dubai bank signs lease in Lower Manhattan

The company, which was launched in 2010, provides IT and financial markets … Westcor Land Title Insurance Co. leased 2,531 s/f at the firm's Melville
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A Lot of Apple's Overseas Cash Is Already in the US

About $58 billion of the total was invested in Treasuries and U.S. agency securities such as those backed by Fannie Mae and Freddie Mac.
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Consumer protection bureau cracks down on payday lenders with tough nationwide regulations

The long-awaited rules from the Consumer Financial Protection Bureau would require lenders in most cases to assess whether a consumer can repay
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'It's My Job:' Female Reporter Responds to Cam Newton's Sexist Comment

Jourdan Rodrigue, a Carolina Panthers beat reporter for the Charlotte Observer, defended herself Wednesday night after Panthers' quarterback Cam
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Many Americans Want Government To Moderate Use of Job-Killing Robots

Americans remain deeply conflicted about the growing use of automation. Many see robots and related technology as enhancing their lives, but more
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Real Estate Share New Song to Benefit ACLU: Listen

Earlier this year, Real Estate partnered with Los Angeles vegan footwear company Keep to design a new shoe. Each pair comes with a cassette that
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LPC – Qatari loans test lenders' loyalties

A US$3bn loan for Qatar National Bank, the Gulf's largest lender, which needs to be refinanced before it matures in March 2018, is also set to test the
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Crowdfunding for a Mortgage

… toward a down payment on a home without fees, but with the backing from the government-sponsored enterprises Fannie Mae and Freddie Mac.
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